Doha: Qatar General Insurance and Reinsurance has achieved a net profit of QR2,131m for 2013.
The gross written premiums, including Takaful Insurance premiums, grew by 17 percent to QR763m in 2013 while the investment income grew by 21 percent to QR70m.
Total assets witnessed a rise of 51 percent to reach QR7.1bn while shareholders equity grew by 85 percent to QR4.8bn in 2013.
Based on the results for 2013, the Board of Directors raised a recommendation to the General Assembly to distribute cash dividends of 15 percent (equivalent to QR1.5 for each share) and a bonus shares of 20 percent (equivalent to two shares for every 10).
The Peninsula
