Doha Insurance Company Q.S.C is a
Qatari shareholding company registered an incorporated in the state of
Qatar under Emiri Decree No. 30 issued on 2nd October 1999, listed on
Qatar Exchange, and is engaged in the business of insurance and
The Company was formed in response to the need for growth in the
insurance industry, warranted by unprecedented accelerated economic
expansion in Qatar as well as the enactment of laws encouraging
During 2006, the Company established an Islamic Takaful branch under
the brand name " Doha Takaful " to carry out insurance and reinsurance
activities in accordance with Islamic Sharia principles on a non-usury
basis in all areas of insurance.
Despite being the newest of the five national insurance companies, Doha
Insurance’s development is seen as rapid. Its 2013 Gross Written
Premium was QR 517 million (US$ 142 million) which is more than 1.50
times the 2009 figures. The Gross Written Premium has witnessed an
average growth of more than 12.50% per annum over the past four years.
Supported by highly motivated and well qualified team, Doha Insurance
is now poised to play a major role in the Regional and Arab insurance
Doha Insurance Co. Ratings
On 14 July, 2014, Standard & Poor’s Rating Services raised the
insurer financial strength and counterparty credit ratings on Doha
Insurance Co. to ‘A-‘; Outlook Stable.
On 26 August, 2014, A. M. Best has assigned a financial strength rating
of ‘A-‘ (Excellent) and an issuer credit rating to Doha Insurance Co.
The Outlook assigned to both ratings is Stable.
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