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What is QGIRCO FY 2022 Financial Overview about?

Qatar General Insurance & Reinsurance Company (QGIRCO) reported a total gross written premium of QAR 724 million for FY 2022, a 3% decrease from the previous year, while net loss attributable to shareholders was QAR 535 million, a 642% decline. The company anticipates growth in its insurance business due to economic recovery post-COVID-19 and increased demand for various insurance products. Looking ahead, QGIRCO expects improvements in its real estate income and overall economic benefits from Qatar

Author

JOSEPH

Language

EN