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Ordinary and Extraordinary General Assembly meeting of Doha Insurance company has took the place on Tuesday 3th of March 2015 in La Cigale Hotel Doha

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Doha Insurance Company chairman Sheikh Nawaf Nasser bin Khaled al-Thani announced today that A.M. Best Rating Services Limited has assigned on August 26th 2014 a financial strength rating of A- (Excellent)

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Doha Insurance Company chairman Sheikh Nawaf Nasser bin Khaled al-Thani has expressed his delight in S&P recently raising his company’s ratings.

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Doha insurance company received lately the written approval -in principle-, from both QCB and MEC to increase the capital of the company

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The Board Of Directors in its meeting on Tuesday 22/10/2013 , has decided to recommend to the extraordinary general assembly meeting of the Company – date to be fixed later – to increase the Company capital from QR 257,400,000 to QR 500,000,000 , an increase of 94,25%

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Doha Insurance EGM Approves Capital Increase

21 March 2013

Doha Insurance Company announced the results of its extraordinary general assembly meeting that was held on Wednesday 20/03/2013 at Le Crillon Ballroom -La Cigale- whereas the following decisions were issued:

The EGM approved the single agenda item regarding the modification of Article (6) of the company’s articles of association, by increasing the current capital amounting to QR. 234,000,000 and distributing 10% bonus shares to shareholders; consequently the new capital after modification will be as follows: The new capital is QR 257,400,000 distributed on 25,740,000 shares i.e. QR. 10 per share.

The board of directors has been authorized to settle the fractional shares resulting from the bonus issuance

Doha Insurance AGM Approves Agenda Items and Postpones EGM for Lack of Quorum

14 March 2013

Doha Insurance Company announced the results of its AGM meeting held on Wednesday 13/03/2013 whereas the EGM meeting has been postponed for lack of quorum and the alternative meeting will be held on 20/03/2013 at the same time and place. It is worth mentioning that the ordinary AGM took the following decisions:

The Shareholders heard and approved the following agenda: -

1.    Heard the Chairman's statement and the report of the Board of Directors on the activities of the company and its financial position for the year ended 31 st December 2012 and the future business plans.

2.    Approved the Shariah supervisory Board report on the Company Islamic Branch “Doha Takaful” for the financial year ended 31 st December 2012 .

3.    Approved the Auditors report on the Company Financial Statement for the year ended 31 st December 2012.

4.    Approved the Company Financial Statement for the year ended 31 st December 2012.

5.    Approved the proposal of the Board of Directors to distribute to the Shareholders a cash dividends of 10% from the share par value i.e QR. One Riyal for each share in addition to bonus share at the rate of 10% i.e. one bonus share for each ten shares.

Doha Insurance Co to launch self-service kiosk system

24 March 2012

Sheikh Nawaf bin Nasir Al Thani, Chairman of the Board has announced that Doha Insurance Company will soon launch its state of the art self service kiosk system “DIC Express”.

The new system will be located at various strategic locations especially at Shopping Centers to allow the public to purchase their insurance requirements at their own convenience through a friendly and easy to use Kiosk around the clock.

He added that the first Phase will be used to purchase Third Party Motor Insurance to be followed by Comprehensive Motor Insurance and other types that we feel the customers have a high demand for.

Adel Ali Bin Ali, the managing Director has expressed his utter happiness at the upcoming launch of “DIC Express” stressing the fact that it is the first of many innovative ideas the Company has in its pipelines and that it is in line with our strategy to upgrade our services to new heights.

Our Clients and Potential clients deserve the best service he added and we intend to do our utmost to give them a high customer satisfaction.

Doha Insurance Reports QR 60.28 million net profit for 2012

 4 February 2013

Doha Insurance Company's audited financial results for the year ended December 31, 2012 reveal a net profit of QR 60.28 million in 2012 compared to QR 65.84 million in 2011.

Doha Takaful

248, C-Ring Road, P. O. Box 7171, Doha-Qatar Phone: (+974) 44292777 Fax: (+974) 44660093
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