Qatar Insurance

Qatar Insurance Co.

QATIStocksQatar Stock ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	9.91B	9.42B	10.95B	7.50B	9.09B
Operating Expenses	8.88B	8.55B	10.16B	7.55B	8.09B
Pretax Income	924.12M	746.42M	655.04M	-145.66M	957.40M
Income Tax	117.91M	11.64M	39.70M	14.53M	35.71M
Net Income	0.61B	0.56B	0.43B	-1.34B	0.47B
Premium Revenue	8.86B	8.60B	10.09B	6.89B	7.97B
Policy Benefits	5.92B	5.70B	8.35B	5.56B	5.39B
Policy Cost	1.61B	1.53B	1.61B	1.43B	1.94B
EPS (Basic)	0.19	0.17	0.13	-0.41	0.14
EPS (Diluted)	0.19	0.17	0.13	-0.41	0.14
DPS	0.11	0.10	0.10	—	0.10
Margins & Efficiency
Net Margin %	+6.2%	+5.9%	+4.0%	-17.9%	+5.1%
Revenue & Income
Revenue Growth (YoY)	+5.2%	-14.0%	+46.0%	-17.5%	-7.8%
Revenue Insurance	9.91B	9.42B	10.95B	7.50B	9.09B
Premiums Annuity Rev	8.86B	8.60B	10.09B	6.89B	7.97B
Other Revenue Insurance	56.82M	56.74M	62.85M	43.78M	49.22M
Gain Investment Rev Insurance	127.02M	115.24M	154.12M	217.26M	555.52M
Expenses & Provisions
SG&A Insurance	467.07M	400.01M	342.36M	153.71M	699.38M
Other Opex Insurance	826.80M	857.74M	-168.47M	363.74M	-4.77M
Total Opex Insurance	8.88B	8.55B	10.16B	7.55B	8.09B
Interest Expense	-100.81M	-122.31M	-140.77M	-95.88M	-37.86M
Policy Benefits	5.92B	5.70B	8.35B	5.56B	5.39B
Policy Cost	1.61B	1.53B	1.61B	1.43B	1.94B
D&A For EBITDA	49.21M	60.99M	37.33M	45.21M	69.38M
Da Suppl Insurance	63.02M	61.59M	27.40M	45.21M	69.38M
Deferred Policy Acquisition Cost	—	—	—	—	1.21B
Profitability & Returns
EBIT	1.02B	0.87B	0.80B	-0.05B	1.00B
EBIT Margin	+10.3%	+9.2%	+7.3%	-0.7%	+11.0%
EBITDA	1.07B	0.93B	0.83B	-0.00B	1.06B
EBITDA Margin	+10.8%	+9.9%	+7.6%	-0.1%	+11.7%
EBT Excluding Unusual Items	924.12M	746.42M	655.04M	-145.66M	957.40M
Pretax Income	924.12M	746.42M	655.04M	-145.66M	957.40M
Opinc Insurance	1.02B	0.87B	0.80B	-0.05B	1.00B
Operating Margin	+10.3%	+9.2%	+7.3%	-0.7%	+11.0%
Profit Margin	+6.2%	+5.9%	+4.0%	-17.9%	+5.1%
Net Income	0.79B	0.73B	0.60B	-1.20B	0.62B
Net Income to Common	0.61B	0.56B	0.43B	-1.34B	0.47B
Net Income to Company	0.81B	0.73B	0.62B	-1.18B	0.63B
Net Income Growth	+9.0%	+20.7%	—	—	+509.7%
Earnings From Continuing Ops.	806.21M	734.78M	615.34M	-160.19M	921.69M
Earnings From Discontinued Ops.	—	—	—	-1.02B	-0.29B
Minority Interest in Earnings	-15.67M	-9.46M	-14.16M	-15.91M	-14.42M
Income Tax Expense	117.91M	11.64M	39.70M	14.53M	35.71M
Effective Tax Rate	+12.8%	+1.6%	+6.1%	—	+3.7%
Per Share & Capital
EPS (Basic)	0.19	0.17	0.13	-0.41	0.14
EPS (Diluted)	0.19	0.17	0.13	-0.41	0.14
EPS Growth	+9.8%	+28.6%	—	—	—
Dividend Per Share	0.11	0.10	0.10	—	0.10
Shares Outstanding (Basic)	3.27B	3.27B	3.27B	3.27B	3.27B
Shares Outstanding (Diluted)	3.27B	3.27B	3.27B	3.27B	3.27B
Dividend Growth	+10.0%	—	—	—	—
Free Cash Flow	-0.49B	-1.21B	-1.00B	-1.81B	-0.13B
Free Cash Flow Margin	-5.0%	-12.8%	-9.1%	-24.1%	-1.5%
Free Cash Flow Per Share	-0.15	-0.37	-0.31	-0.55	-0.04
Payout Ratio	+41.3%	+45.0%	—	—	+0.3%
Preferred Dividends & Other Adjustments	176.93M	166.54M	166.64M	141.37M	149.49M
Supplemental
Total Interest Dividend Income	834.80M	610.81M	623.20M	317.50M	493.91M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	9.91B	9.42B	10.95B	7.50B	9.09B
Operating Expenses	8.88B	8.55B	10.16B	7.55B	8.09B
Pretax Income	924.12M	746.42M	655.04M	-145.66M	957.40M
Income Tax	117.91M	11.64M	39.70M	14.53M	35.71M
Net Income	0.61B	0.56B	0.43B	-1.34B	0.47B
Premium Revenue	8.86B	8.60B	10.09B	6.89B	7.97B
Policy Benefits	5.92B	5.70B	8.35B	5.56B	5.39B
Policy Cost	1.61B	1.53B	1.61B	1.43B	1.94B
EPS (Basic)	0.19	0.17	0.13	-0.41	0.14
EPS (Diluted)	0.19	0.17	0.13	-0.41	0.14
DPS	0.11	0.10	0.10	—	0.10
Margins & Efficiency
Net Margin %	+6.2%	+5.9%	+4.0%	-17.9%	+5.1%
Revenue & Income
Revenue Growth (YoY)	+5.2%	-14.0%	+46.0%	-17.5%	-7.8%
Revenue Insurance	9.91B	9.42B	10.95B	7.50B	9.09B
Premiums Annuity Rev	8.86B	8.60B	10.09B	6.89B	7.97B
Other Revenue Insurance	56.82M	56.74M	62.85M	43.78M	49.22M
Gain Investment Rev Insurance	127.02M	115.24M	154.12M	217.26M	555.52M
Expenses & Provisions
SG&A Insurance	467.07M	400.01M	342.36M	153.71M	699.38M
Other Opex Insurance	826.80M	857.74M	-168.47M	363.74M	-4.77M
Total Opex Insurance	8.88B	8.55B	10.16B	7.55B	8.09B
Interest Expense	-100.81M	-122.31M	-140.77M	-95.88M	-37.86M
Policy Benefits	5.92B	5.70B	8.35B	5.56B	5.39B
Policy Cost	1.61B	1.53B	1.61B	1.43B	1.94B
D&A For EBITDA	49.21M	60.99M	37.33M	45.21M	69.38M
Da Suppl Insurance	63.02M	61.59M	27.40M	45.21M	69.38M
Deferred Policy Acquisition Cost	—	—	—	—	1.21B
Profitability & Returns
EBIT	1.02B	0.87B	0.80B	-0.05B	1.00B
EBIT Margin	+10.3%	+9.2%	+7.3%	-0.7%	+11.0%
EBITDA	1.07B	0.93B	0.83B	-0.00B	1.06B
EBITDA Margin	+10.8%	+9.9%	+7.6%	-0.1%	+11.7%
EBT Excluding Unusual Items	924.12M	746.42M	655.04M	-145.66M	957.40M
Pretax Income	924.12M	746.42M	655.04M	-145.66M	957.40M
Opinc Insurance	1.02B	0.87B	0.80B	-0.05B	1.00B
Operating Margin	+10.3%	+9.2%	+7.3%	-0.7%	+11.0%
Profit Margin	+6.2%	+5.9%	+4.0%	-17.9%	+5.1%
Net Income	0.79B	0.73B	0.60B	-1.20B	0.62B
Net Income to Common	0.61B	0.56B	0.43B	-1.34B	0.47B
Net Income to Company	0.81B	0.73B	0.62B	-1.18B	0.63B
Net Income Growth	+9.0%	+20.7%	—	—	+509.7%
Earnings From Continuing Ops.	806.21M	734.78M	615.34M	-160.19M	921.69M
Earnings From Discontinued Ops.	—	—	—	-1.02B	-0.29B
Minority Interest in Earnings	-15.67M	-9.46M	-14.16M	-15.91M	-14.42M
Income Tax Expense	117.91M	11.64M	39.70M	14.53M	35.71M
Effective Tax Rate	+12.8%	+1.6%	+6.1%	—	+3.7%
Per Share & Capital
EPS (Basic)	0.19	0.17	0.13	-0.41	0.14
EPS (Diluted)	0.19	0.17	0.13	-0.41	0.14
EPS Growth	+9.8%	+28.6%	—	—	—
Dividend Per Share	0.11	0.10	0.10	—	0.10
Shares Outstanding (Basic)	3.27B	3.27B	3.27B	3.27B	3.27B
Shares Outstanding (Diluted)	3.27B	3.27B	3.27B	3.27B	3.27B
Dividend Growth	+10.0%	—	—	—	—
Free Cash Flow	-0.49B	-1.21B	-1.00B	-1.81B	-0.13B
Free Cash Flow Margin	-5.0%	-12.8%	-9.1%	-24.1%	-1.5%
Free Cash Flow Per Share	-0.15	-0.37	-0.31	-0.55	-0.04
Payout Ratio	+41.3%	+45.0%	—	—	+0.3%
Preferred Dividends & Other Adjustments	176.93M	166.54M	166.64M	141.37M	149.49M
Supplemental
Total Interest Dividend Income	834.80M	610.81M	623.20M	317.50M	493.91M