Qatar Insurance
Qatar Insurance is a Qatari insurance group that provides personal, commercial, specialty, reinsurance, investment-management, technology, and related financial services.
Last updated August 31, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
Qatar Insurance, commonly associated with Qatar Insurance Group and the QIC Group, is a Qatari insurance company headquartered in Doha. Established in 1964 with the involvement of the Qatari government and private investors, it was created as Qatar’s first domestic insurance company and became one of the country’s earliest locally established insurers. The business initially served the domestic market, but subsequently expanded into neighboring Gulf countries and, later, international insurance and reinsurance markets. The group’s core activity is insurance. Its personal-lines portfolio includes motor insurance for cars and motorcycles, travel insurance, home insurance, boat insurance, life insurance, and medical insurance. Its commercial activities cover property, marine, aviation, energy, and motor-fleet risks. This combination gives QIC exposure to both retail customers and corporate or institutional policyholders. The group has also developed specialist capabilities beyond conventional domestic insurance, including reinsurance and participation in the Lloyd’s of London market. QIC expanded into the United Arab Emirates, Oman, and Kuwait during the company’s regional development. In 2008, it began a broader international expansion under the Qatar Insurance Group name. A significant part of that strategy was the creation of Qatar Reinsurance Company Limited in 2009, intended to strengthen the group’s position in European and Asian insurance and reinsurance markets. In 2014, the group acquired Antares Holdings Limited and its subsidiaries, a specialist insurer and reinsurer operating in the Lloyd’s market. The transaction broadened QIC’s international specialty-insurance platform. The group has also diversified into adjacent financial and technology activities. Epicure Investment Management LLC was established in May 2019 as a regulated investment manager registered in the Qatar Financial Centre. Anoud Technologies LLC, described as the group’s technology arm, was established in 2020. Together with its insurance and reinsurance businesses, these activities form part of a broader group structure spanning insurance, reinsurance, insurtech, asset management, and real estate. Qatar Insurance’s shares were first listed on the Doha Securities Market in 1997; that exchange is now known as the Qatar Stock Exchange. The listing gives the company a public-market presence in Qatar while its operating portfolio extends beyond the country. The group has been described as operating in ten countries, with Qatar, the United Arab Emirates, Oman, and Kuwait among its identified markets. Its international profile was also reflected in its placement at number 73 in Forbes Middle East’s 2022 ranking of the region’s top 100 companies and number 72 in the Fortune 500 Arabia list for 2023. These rankings provide external recognition of the group’s regional corporate scale, although they do not by themselves describe its financial performance.
History
Qatar Insurance was established in 1964 with participation from the Qatari government and private investors. Its creation gave Qatar a domestic insurance company at a time when the country’s insurance market was developing, and the company became one of the earliest locally based insurers in the country. The original business was centered on serving Qatar, but the company later expanded into other Gulf markets, including the United Arab Emirates, Oman, and Kuwait. The company’s regional development was followed by a more explicitly international strategy. In 1997, its shares were listed on the Doha Securities Market, now called the Qatar Stock Exchange. In 2008, the organization began a global expansion under the Qatar Insurance Group name. This change reflected an effort to build a group with activities extending beyond Qatar’s domestic insurance market. Qatar Reinsurance Company Limited was established in 2009 as part of the group’s international development. Qatar Re supported the group’s ambitions in European and Asian insurance and reinsurance markets and added a specialist reinsurance platform to its existing regional operations. In 2014, QIC acquired Antares Holdings Limited and its subsidiaries. Antares was a specialist insurer and reinsurer operating in the Lloyd’s of London market, and the acquisition strengthened QIC’s access to international specialty-risk business. The group subsequently broadened its activities beyond underwriting. Epicure Investment Management LLC was established in May 2019 as a regulated investment manager registered in the Qatar Financial Centre. In 2020, Anoud Technologies LLC was established as the group’s technology arm. These additions formed part of a wider portfolio described as including insurance, reinsurance, insurtech, asset management, and real estate. QIC’s operating business includes personal insurance such as car, motorcycle, travel, home, boat, life, and medical cover. It also provides commercial insurance covering property, marine, aviation, energy, and motor-fleet risks. The group has been described as operating in ten countries, although the available reference material identifies only some of those markets by name. Its corporate scale has been recognized in regional company rankings: it was placed 73rd in Forbes Middle East’s 2022 list of the region’s top 100 companies and 72nd in the Fortune 500 Arabia ranking for 2023. The available material does not provide a complete account of the group’s current subsidiaries, leadership, financial results, or country-by-country operations.
- 2023
Recognition in Fortune 500 Arabia ranking
[1]QIC Group was ranked 72nd in the Fortune 500 Arabia list.
- 2022
Recognition in Forbes Middle East ranking
[1]QIC Group was ranked 73rd in Forbes Middle East’s list of the region’s top 100 companies.
- 2020
Anoud Technologies is established
[1]Anoud Technologies LLC was established as the group’s technology arm, supporting its expansion into insurtech-related activities.
- 2019
Epicure Investment Management is established
[1]Epicure Investment Management LLC was established in May as a regulated investment manager registered in the Qatar Financial Centre.
- 2014
Antares Holdings is acquired
[1]QIC acquired Antares Holdings Limited and its subsidiaries, expanding its specialist insurance and reinsurance operations in the Lloyd’s of London market.
- 2009
Qatar Reinsurance Company is established
[1]Qatar Reinsurance Company Limited was created to develop the group’s European and Asian insurance and reinsurance presence.
- 2008
Global expansion begins under the QIC Group name
[1]Qatar Insurance initiated a broader international expansion and adopted the Qatar Insurance Group identity for that development.
- 1997
Shares are listed in Qatar
[1]The company’s shares were first listed on the Doha Securities Market, which later became the Qatar Stock Exchange.
- 1964
Qatar Insurance is established
[1]Qatar Insurance was founded with the involvement of the Qatari government and private investors, becoming Qatar’s first domestic insurance company.
Products and positioning
A Qatari-origin insurance group positioned around domestic and Gulf-market insurance, international specialty insurance and reinsurance, and diversification into investment management and insurance technology.
Personal insurance
Personal-lines insurance
QIC’s personal-insurance portfolio covers common household and individual risks. The documented lines include car and motorcycle insurance, travel insurance, home insurance, boat insurance, life insurance, and medical insurance. These offerings represent the group’s retail-facing business and complement its commercial and specialty activities.
Commercial insurance
Commercial insurance
The group provides insurance for corporate and institutional risks. Its documented commercial lines include property, marine, aviation, energy, and motor-fleet insurance. The range spans physical assets, transport and logistics exposures, industrial and energy risks, and fleets operated by commercial customers.
Specialty insurance · 2009
Specialty insurance and reinsurance
Through its international expansion, QIC developed specialist insurance and reinsurance capabilities, including operations connected with the Lloyd’s of London market. Qatar Reinsurance Company Limited was established in 2009, while the 2014 acquisition of Antares Holdings added another specialist insurer and reinsurer to the group’s international platform.
Investment management · 2019
Asset-management services
Epicure Investment Management LLC was established in 2019 as a regulated investment manager registered in the Qatar Financial Centre. It forms part of QIC’s diversification beyond insurance underwriting into investment-management activities.
Brand decisions
2014
Acquisition of Antares HoldingsM&ABackground
QIC was developing international specialty-insurance and reinsurance capabilities, including a presence linked to Lloyd’s of London.
Action taken
The group acquired Antares Holdings Limited and its subsidiaries.
Aftermath
The acquisition expanded QIC’s international specialist-insurance and reinsurance operations.
2008
Move toward global expansionStrategyBackground
After building a regional Gulf insurance presence, QIC sought to develop a broader international platform.
Action taken
The company initiated global expansion under the Qatar Insurance Group name.
Aftermath
The strategy was followed by the creation of Qatar Reinsurance Company in 2009 and the acquisition of Antares Holdings in 2014.
Sources1 sources
Cite this profile: Cite the canonical profile. /brand-wiki/qatar-insurance · Editorial policy · How profiles are compiled