Hamad bin Faisal: Strengthening our presence in core markets while maintaining a balanced business portfolio
Salem Al Mannai: Focus on innovation, digital transformation, and developing the customer experience
Transferring the approved dividend amounts to a depository company for distribution to shareholders
Launching the “Events” service to browse and purchase tickets for various events in Qatar
Qatar Insurance, the leading insurance company in Qatar and the Middle East and North Africa region, held its ordinary and extraordinary general assembly meetings, virtually via video communication technology, where the Board of Directors’ report on the company’s activity and financial position for the fiscal year ending on December 31, 2025 was discussed, in addition to the company’s future plans, which were approved. The Assembly also approved the company’s consolidated financial statements for the year 2025, including the balance sheet and profit and loss account, after listening to the auditors’ report.
The meeting was chaired by His Excellency Sheikh Hamad bin Faisal bin Thani bin Jassim Al Thani, Chairman of the Board of Directors of Qatar Insurance, in the presence and participation of members of the Board of Directors, executive management, shareholders and representatives of regulatory authorities.
The General Assembly approved the distribution of cash dividends of 11% of the nominal value of the share, at 11 dirhams per share, for the financial year ending on December 31, 2025. The company explained that the approved dividend amounts will be transferred to Edaa Company to distribute them to eligible shareholders, calling on shareholders to contact Edaa Company to obtain any clarifications related to the distribution process.
The Assembly also approved all transactions with related parties carried out by the company during the financial year ending in 2025, approved the corporate governance report for the year 2025, and approved both the remuneration policy and the company’s related party policy for the year 2026.
The General Assembly also approved the discharge of members of the Board of Directors from their liabilities for the fiscal year 2025 and approved their remuneration for the same year, subject to the approval of the Qatar Central Bank. The shareholders also approved the appointment of auditors for the fiscal year 2026 and approved their fees.
Strong financial performance
Qatar Insurance recorded a strong financial performance during 2025, as net profit before pillar two taxes reached 874 million riyals, an increase of 19% compared to the previous year. The net profit attributable to the shareholders of the parent company amounted to 791 million riyals, while the total written premiums reached 9.9 billion riyals. The results of insurance services amounted to 506 million riyals, while income from investments and other sources of income amounted to 993 million riyals. Earnings per share also increased to 0.188 riyals, compared to 0.171 riyals in the previous year.
Balanced portfolio
His Excellency Sheikh Hamad bin Faisal bin Thani bin Jassim Al Thani, Chairman of the Board of Directors, said that the results of 2025 reflect the strength of the company’s financial position and the success of its strategy to achieve sustainable growth despite global economic challenges. Qatar Insurance continues to enhance its presence in core markets while maintaining a balanced and diversified business portfolio to support long-term value creation for shareholders.
Future growth opportunities
For his part, Mr. Salem Khalaf Al Mannai, CEO of Qatar Insurance Group, said: “These results confirm the continuous progress achieved by the group in implementing its strategy across the local, regional and international markets. We continue to focus on innovation, digital transformation, and developing the customer experience to support the company’s future growth opportunities.”
Digital innovation and product development
During the meeting, shareholders were briefed on the progress the company is making in the field of digital innovation and product development. Qatar Insurance has continued to enhance its digital system by developing the Qatar Insurance application, including the possibility of obtaining immediate insurance for cars that pass inspection at the company’s centers or through the application. The company also launched the “Events” service to browse and purchase tickets for sporting, cultural and entertainment events in Qatar, in addition to expanding the options for benefiting from the “Queens” loyalty program through partnerships with leading brands.
New insurance products
During the year 2025, the company also launched two new products within individual insurance, which are the first insurance to protect tuition fees in Qatar and the first personal cyber insurance, as part of its efforts to enhance innovation and develop the customer experience.
As part of its role in supporting innovation and industrial dialogue in the region, Qatar Insurance hosted during the year 2025 the fourth session of the Middle East and North Africa Insurance Technology Summit, in addition to the inaugural FinTech Summit in Doha, with the participation of more than 1,500 participants from sector leaders, innovators and policy makers to discuss the impact of artificial intelligence and emerging technologies on the insurance and financial services sectors.
Election of members of the Board of Directors
During the meeting, shareholders agreed to elect members of the Board of Directors for a period of three years. The appointment of His Excellency Sheikh Hamad bin Faisal bin Thani bin Jassim Al Thani as a member of the Board of Directors, representing the General Retirement and Social Security Authority (Civil Retirement Fund), was approved in accordance with the company’s bylaws.
The list of non-independent members who won the elections was also approved as follows:
Mr. Abdul Rahman Issa Al Mannai – representative of Al Ghariya Real Estate Investment Company
His Excellency Sheikh Faisal bin Thani bin Faisal Al Thani – representative of Brouq Trading Company
Sheikh Saud bin Khalid bin Hamad Al Thani – representative of Al Dawoodiya Holding Company
Sheikh Fahd bin Hamad bin Jassim bin Jabr Al Thani – representing Al Mirqab Capital Company
Mr. Ali Hussein Ibrahim Al-Fardan – representative of Al-Fardan Investment Company
Mr. Ali Yousef Hussein Kamal – in his personal capacity
Dr. Khalifa Abdullah Hussein Al-Naama – in his personal capacity
Al Mana Capital, represented by Mr. Abdul Aziz Mohammed Hamad Abdullah Al Mana, and Al Jaidah Motors and Trading, represented by Mr. Mohammed Jassim Ibrahim Jaidah, were also approved as reserve members.
As for the independent members, the election of:
Mr. Ibrahim Jassim Al-Othman Fakhro
Sheikh Jabr Abdullah bin Ali bin Jabr Al Thani
The General Assembly took note of the existence of a vacant seat for one independent member, and agreed to authorize the Chairman of the Board of Directors to take the necessary measures to fill this seat in accordance with the relevant legislation.
Amending the company’s articles of association
Following the conclusion of the Ordinary General Assembly meeting, the Extraordinary General Assembly held its meeting, where shareholders agreed to amend the company’s bylaws in accordance with the Governance System for Listed Companies issued by Qatar Financial Markets Authority Board of Directors Resolution No. (5) of 2025 and all relevant laws and decisions, subject to the approval of the Qatar Central Bank. The shareholders also agreed to authorize His Excellency the Chairman of the Board of Directors or his deputy to sign alone all the necessary documents to implement the approved amendments to the company’s articles of association.
Board appointments after elections:
Following the approval of the results of the Board of Directors election, the Board elected His Excellency Sheikh Hamad bin Faisal bin Thani bin Jassim Al Thani as Chairman of the Board of Directors and Mr. Abdul Rahman Issa Al Mannai as Vice Chairman for the new term.