Qatar General Insurance & Reinsurance : Disclose the Semi-annual financial statement of 2021

Qatar General Insurance & Reinsurance discloses the interim financial statement for the six-month period ending 30th June , 2021 . The financial statements revealed a Net Profit of QR 65,622,000 in comparison to Net Profit QR 26,541,000 for the same period of the previous year.

The Earnings per share(EPS) amounted to QR 0.075 as of 30th June , 2021 versus Earnings per share(EPS) QR 0.030 for the same period in 2020.

*Net Profit should not include minority rights (if any)

Qatar General Insurance and Reinsurance company Q.P.S.C. discloses its Financial Statements for the three-month period ended March 31, 2021

Qatar General Insurance & Reinsurance Company disclosed the interim financial statements for the three-month period ended March 31, 2021. The financial statements revealed a net profit of QR 46,892 thousand in comparison to a net profit of QR 11,230thousand for the same period of the previous year.

The Earnings per Share (EPS) amounted to QR 0.054 for the three-month period ended March 31, 2021, versus EPS per share QR 0.013 of the same period in 2020.

Disclosure of the date of the Board of Directors’ meeting to discuss the first Quarter for the Financial Statements of the year 2021 for the period ending March 31st, 2021

Pursuant to Qatar General Insurance & Reinsurance Company disclosure on 29 April 2021 to postpone the date of the Board of Directors’ meeting to discuss the first Quarter Financial Statements of the year 2021. The Board of Directors meeting will be held on Tuesday 11 May 2021 at 9:00 PM to discuss the first Quarter Financial Statements of the year 2021.

Qatar General Insurance & Reinsurance Co. Q.P.S.C. Postpone the date of the Board of Directors’ meeting to discuss the first Quarter for the Financial Statements of the year 2021

Qatar General Insurance and Reinsurance Company announces the postponement date of the Board of Directors’ meeting to discuss the first Quarter Financial Statements of the year 2021, which was scheduled to take place on April 29, 2021. The date of the new meeting will be announced at a later time.

Qatar General Insurance & Reinsurance Company discloses the appointment of a new Board of Directors for the period of (2021 – 2023)

Qatar General Insurance & Reinsurance discloses the appointment of new Board of Directors for the period of (2021 – 2023), which has been appointed by acclamation in the General Assembly Meeting for the year 2019 held on April 25, 2021. The new Board consists of the following members:

  1. Middle East Business Development represented by Shiekh Khalifa Jassim M J Al-Thani – Non-Independent Candidate
  2. Al Mana Capital Real Estate represented by Mr. Nawaf Ibrahim A Al-Mana – Non-Independent Candidate
  3. Al Mana Capital Holding represented by Mr. Abdulaziz Mohamed H A Al-Mana – Non-Independent Candidate
  4. Shiekh Ali Jassim M J Al-Thani – Non-Independent Candidate
  5. Mr. Nasser Sulaiman H. M. Alhaidar – Non-Independent Candidate
  6. Shiekh Meshaal Fahad A M Al-Thani – Non-Independent Candidate
  7. Mr. Faleh Mohammed H A Al-Nasr – Independent Candidate

8.Mr. Mohd Ahmad M A Alobaidly – Independent Candidate

  1. Mr. Abdulla Ahmad A A Al-Jehani – Independent Candidate

As for the rest of General Assembly agenda items for year 2019 and per the request of Company’s External Auditor and Ministry of Commerce & Industry, the Company will announce the final voting on each agenda items once reviewed and approved by the External Auditor and the Ministry.

Qatar General Insurance & Reinsurance Company Q.P.S.C announces the postponement of its Ordinary General Assembly Meeting for the year 2020 to 29 April 2021

Qatar General Insurance & Reinsurance Co. announces the postponement of its Ordinary General Assembly Meeting for the year 2020 due to the lack of a quorum. The second meeting will be held virtually (through “Zoom” application) on Thursday 29 April 2021 at 09:30 PM.

Registration to the Second General Assembly Meeting for year 2020 in person (either self or by proxy) at Company’s headquarter in area 4, Musheirib, Street 880, Building No. 23, starting from 7:00 PM till 9:00 PM.

Qatar General Insurance and Reinsurance Company discloses the names of the nominees for the Board of Directors membership for the period of (2021 – 2023)

Qatar General Insurance & Reinsurance Company announces the names of Qatar Central Bank Approved Nominees for Board of Directors membership for the period (2021-2023).

  1. Middle East Business Development represented by Shiekh Khalifa Jassim M J Al-Thani – Non-Independent Candidate
  2. Al Mana Capital Real Estate represented by Mr. Nawaf Ibrahim A Al-Mana – Non-Independent Candidate
  3. Al Mana Capital Holding represented by Mr. Abdulaziz Mohamed H A Al-Mana – Non-Independent Candidate
  4. Shiekh Ali Jassim M J Al-Thani – Non-Independent Candidate
  5. Mr. Nasser Sulaiman H. M. Alhaidar – Non-Independent Candidate
  6. Shiekh Meshaal Fahad A M Al-Thani – Non-Independent Candidate
  7. Mr. Faleh Mohammed H A Al-Nasr – Independent Candidate

8.Mr. Mohd Ahmad M A Alobaidly – Independent Candidate

  1. Mr. Ali Mohd I M Al-Derbasti – Independent Candidate
  2. Mr. Abdulla Ahmad A A Al-Jehani – Independent Candidate

Qatar General Insurance & Reinsurance Co. Q.P.S.C. amends the date of the General Assembly Meetings for the year 2019 and 2020

Pursuant to Qatar General Insurance & Reinsurance Company disclosure on the amendment of  the date of the General Assembly Meetings for the year 2019 and 2020 on 30 March 2021, and as per Qatar Central Bank instructions, Qatar General Insurance & Reinsurance Company announces the amendment of the date of second company’s Ordinary General Assembly Meeting for the year 2019 and the date of the Ordinary General Assembly Meeting for the year 2020 to be held on Sunday, 25 April 2021 to be held virtually (through “Zoom” application). The Company second Ordinary General Assembly Meeting for the year 2019 will be held at 9:30 PM and at 10:00 PM for Ordinary General Assembly Meeting for the year 2020, In case the required quorum is not met for year 2020, the second meeting will be held on Thursday 29 April 2021 at same time above.

Registration to General Assembly Meetings for year 2019 and year 2020 in person (either self or by proxy) at Company’s headquarter in area 4, Musheirib, Street 880, Building No. 23, starting from 7:00 PM till 9:00 PM.

Qatar General Insurance & Reinsurance Company’s announces an update on General Assembly Meetings for year 2019 and year 2020

Pursuant to Qatar General Insurance & Reinsurance Company’s disclosure on amending the General Assembly Meetings for the year 2019 and 2020 on 30 March 2021, The Company announces that the proxies’ forms to the second company’s Ordinary General Assembly Meeting for the year 2019 and Ordinary General Assembly Meeting for the year 2020 have been updated. Therefore, we request the updated forms to be used.

The updated proxies form for year 2019 and year 2020 can be found at the Company’s website and / or premises at Al-Asmakh Street.

 

Proxy- AGM 2020

Proxy- AGM 2019

Qatar General Insurance & Reinsurance Company’s nominees’ list to the Board Membership for period (2021 – 2023)

Qatar General Insurance & Reinsurance Company announces that after the closing of the Board Membership nomination for period (2021 – 2023), (23) twenty-three nomination requests have been received. Upon reviewing the candidates nomination requests per Company’s Nomination guidelines for the Board Membership and the applicable legislations, the Board of Directors accepted the Nomination and Remuneration Committee recommendation to approve (10) nomination requests and not to approve (13) nomination requests. However, the final list of the board candidates is subject to Qatar Central Bank & other regulatory approvals.

For Board’ candidates inquiries, they can contact Mr. Adnan Abu Alhaijaa – Board’ Secretary on the following; Email: a.abualhaija@qgirco.com

Landline: 44282214

Mobile: 66760123

 

Qatar General Insurance & Reinsurance Company discloses a judgment on Lawsuit

Pursuant to Qatar General Insurance & Reinsurance disclosure on the registration of a shareholders Lawsuit No. 2367/2020 against the Company and its Temporary Board of Directors on 19 November 2020, The “Court of First Instance – circuit number 8” on March 25, 2021 issued its rejection of the Lawsuit and obliged the plaintiffs’ to bear the Lawsuit fees.

 

 

judgement

Qatar General Insurance & Reinsurance Co. Q.P.S.C. amends the date of the General Assembly Meetings for the year 2019 and 2020

Pursuant to Qatar General Insurance & Reinsurance Company disclosure on the General Assembly Meetings for the year 2019 and 2020 on 25 March 2021, Qatar General Insurance & Reinsurance Company announces the amendment of the date of second company’s Ordinary General Assembly Meeting for the year 2019 and the date of the Ordinary General Assembly Meeting for the year 2020 to be held on Wednesday, 14 April 2021 to be held virtually (through “Zoom” application). The Company second Ordinary General Assembly Meeting for the year 2019 will be held at 9:30 PM and at 10:00 PM for Ordinary General Assembly Meeting for the year 2020,  In case the required quorum is not met for year 2020, the second meeting will be held on Monday, 19 April 2020 at same time above.

Registration to General Assembly Meetings for year 2019 and year 2020 in person (either self or by proxy) at Company’s headquarter in area 4, Musheirib, Street 880, Building No. 23, starting from 7:00 PM till 9:00 PM.

Qatar General Insurance & Reinsurance Co. Q.P.S.C. announces the clarification on participating in the General Assembly Meetings for the year 2019 and 2020

Qatar General Insurance & Reinsurance Co. Q.P.S.C. announces the clarification on participating in the General Assembly Meetings for the year 2019 and 2020

Pursuant to Qatar General Insurance & Reinsurance Company Q.P.S.C Disclosures on 15 March 2021 on the date of second company’s Ordinary General Assembly Meeting for the year 2019 and the date of Ordinary General Assembly Meeting for the year 2020, and in compliance with Ministry of Public Health instructions to limit the spread of the Corona pandemic (Covid19) and for the safety of the shareholders, the above mentioned meetings will be held virtually (through “Zoom” application) at 4:30 PM for the second Company’s Ordinary General Assembly Meeting for the year 2019 and at 5:00 PM for Ordinary General Assembly Meeting for the year 2020 on Wednesday, 31st March 2021. In case the required quorum is not met for year 2020, the second meeting will be held on Monday, 5th April 2021 at 4:30 PM, noting that Shareholders registration will be as follows:

Shareholders to register in person (either self or by proxy) at Company’s headquarter in area 4, Musheirib, Street 880, Building No.23, starting from 14:30 PM.