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Qatar General Insurance & Reinsurance Company announces the results of the Second Ordinary General Assembly Meeting for the year 2021

08 June 2022

Qatar General Insurance & Reinsurance Company announces the voting results on the agenda items of the second Ordinary General Assembly Meeting for the year 2021 held on the 23rd May 2022, the Shareholders’ General Assembly approved and adopted by majority the following agenda items;

1- Approval of the Board of Director’s Report on the Company’s activities and its financial position for the financial year ended 31st December 2021 and the Company’s future plan.

2- Approval of the External Auditor’s Report for the financial year ended 31st December 2021.

3- Approval of the Company’s Balance Sheet, Profit & Loss accounts for the financial year ended 31st December 2021.

4- Approval of the Board of Director’s proposal not distribute dividends for the financial year ended 31st December 2021.

5- Approval of discharging the members of the Board from liability for the financial year ended 31st December 2021 and approved not distribute remuneration to the board members.

6- Approval of the Company’s Corporate Governance Report for the year 2021.

7- Approval of the appointment of Company’s External Auditors Messrs. KPMG for the financial year 2022 and approve their fees amounted QAR 1,750,000.

The provisions of Qatar Central Bank Law No. (13) of 2012 and Qatar Central Bank Circular No. (1) of 2016 regarding the ownership limits and restrictions in financial institutions under the supervision and regulations of Qatar Central Bank and related instructions have been adhered to in the counting of the voting results for the Second Ordinary General Assembly Meeting for the year 2021.

 

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