Qatar Insurance Co QSPC 2021 AR2
The report highlights Qatar Insurance Group's (QIC) strong financial recovery in 2021, achieving a consolidated net profit of QAR 630 million, a significant turnaround from QAR 126 million in 2020. The company successfully expanded its digital footprint through its subsidiary Anoud Technologies, which became the first Qatari firm to export internally developed IT solutions globally. QIC also formalized its commitment to support Qatar's national target of reducing greenhouse gas emissions by 25% by 2030. Additionally, the group rolled out its ESG framework in early 2022, integrating sustainability principles across its underwriting, asset management, and operations.
Company: Qatar Insurance Co QSPC
Sector: Financials
Country: Qatar
Year: 2021
Type: AR2
Pages: 62
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Qatar Insurance Co QSPC
Annual Report
The report highlights Qatar Insurance Group's (QIC) strong financial recovery in 2021, achieving a consolidated net profit of QAR 630 million, a significant turnaround from QAR 126 million in 2020. The company successfully expanded its digital footprint through its subsidiary Anoud Technologies, which became the first Qatari firm to export internally developed IT solutions globally. QIC also formalized its commitment to support Qatar's national target of reducing greenhouse gas emissions by 25% by 2030. Additionally, the group rolled out its ESG framework in early 2022, integrating sustainability principles across its underwriting, asset management, and operations.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available