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Results of QIIC and BKIC in 2003

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Magazine Issue: 
What will become of household insurance ? [3]
Magazine date: 
Apr 2004

The 2003 outcome:

  • The Qatar Islamic Insurance Company (QIIC) reported an 18.5 million QAR (5 million USD) in net profit, that is, a 21% growth rate. Gross premiums reaching 57.6 QAR (1.7 million USD) are increasing by 47%, compared to the year 2002.
  • By the end of the fiscal year 2003, Bahrain Kuwait Insurance Company (BKIC) made a 1.3 million BD (3.44 million USD) in net profit, thus showing an 11% growth rate, in comparison with the previous year.
Wed, 29/05/2013 - 14:51

Source URL: https://www.atlas-mag.net/en/article/results-of-qiic-and-bkic-in-2003

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