State of Qatar

United Arab Emirates is considered to be the largest Insurance market among the Gulf Co-operative Council (GCC) countries and perhaps, beyond 30 in the world ranking.  National companies dominate with more than 75% share in the non-life insurance market and the rest is shared by Foreign Companies.  However, so far as the life insurance market is concerned, the situation is almost the reverse with National companies sharing a little over 30% while the rest is shared among Foreign companies.

 Products Regulatory Statutory ReinsuranceIntermediaries

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NationalCarrier NameOfficial URLS&P RatingAM BestLast updated
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NationalCarrier NameOfficial URLS&P RatingAM BestLast updated
 Al Khaleej Insurance & Reinsurance Co. QSC  BBBpi  March 11, 2010 
 Doha Insurance Company Q.S.C.  BBB+ Stable  March 11, 2010 
 Mitsui Sumitomo Insurance Co. (Europe) Ltd.  AA Negative  March 11, 2010 
 Qatar General Ins.& Reinsurance Co. S.A.Q. Qatar General Home Page BBBpi  March 11, 2010 
 Qatar Insurance Co. S.A.Q. QIC Home Page A Stable  March 11, 2010 
 Q-Re LLC   A Stable  March 11, 2010 
Showing 6 items