Magazine date:
Jun 2006 The progression of the Qatari insurance market is likely to quadruple by 2013 with a premium volume higher than 1.4 billion USD in comparison with the 2005 figures set at 331 million USD.
According to the 2006 forecasts, gross premiums should yield 382 million USD, 80 million USD of which for the motor business and 47 million USD for marine and aviation classes of business. Qatar counts eight companies, five of which are national ones listed in the stock market. The insurance penetration rate was 1.2% of GDP in 2004.