QIC FY profit plunges 93% on Covid-19 and catastrophes
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QIC FY profit plunges 93% on Covid-19 and catastrophes

Qatar Insurance Company’s (QIC) profit before tax from continuing operations fell by 93% to around 43.3mn riyal ($11.8mn) in 2020 as the international insurance segment plunged to an underwriting loss on Covid-19 and catastrophe losses.

The

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