About Us

The Company was founded on 21st July, 2004 and was granted a license by the Capital Market Authority (CMA) in Oman

Oman Qatar Insurance Company SAOC (OQIC) is a closely held joint stock company incorporated in the Sultanate of Oman and is engaged in the business of life and general insurance.

OQIC is a subsidiary of Qatar Insurance Company SAQ (QIC), a publicly listed composite insurer with a consistent performance history of 50 years and an underwriting footprint across the Middle East, Africa and Asia. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A (Excellent) from A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Stock Exchange and has a market capitalization of more than USD 4 billion.

OQIC is supported by QIC Group’s treaty facilities with “A” rated reinsurers from international markets. At the same time, OQIC’s local shareholder, Al Hosn Investment SAOC, a leading business house in the Sultanate of Oman has rendered continuous support and guidance.
Besides a corporate office at 4th Floor ,AL Nawras Commercial Center Building, Near HSBC, Al Khuwair, P.C. 112, Sultanate of Oman. And retail branches

Qatar is a sovereign Arab emirate, located in Western Asia, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Qatar is the world’s richest country per capita and achieve the highest human development in the Arab World and 36th highest globally. Furthermore, it is recognized as a high income economy by the World Bank and also the 19th most peaceful country in the world. Qatar is currently undergoing transformation under the National Vision 2030, in which it expects to achieve advanced, sustainable and diversified economy. In order to promote tourism, Qatar has invested billions into improving infrastructure. It will be the host of the 2022 FIFA World Cup, becoming the first Arab country to host either of the events.

The heart of Qatar’s strategic vision for the future is helping people achieve their full potential, thereby benefiting the individuals, their families, the community and the nation, promoting public health, encouraging healthy lifestyles, providing community-based primary care, and ensuring that some of the world’s most advanced and highest quality care is available in Qatar.

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  • Once again QIC Group is the Official Insurance Sponsor of S’hail September 8, 2021
    Qatar Insurance Group, the leading insurer in Qatar and the MENA region is the Official Insurance Sponsor of S’hail 2021 – Katara International Hunting & Falcons Exhibition.S’hail is regarded as the largest international exhibitions that specializes in exhibiting Falcons and is dedicated to preserve and promote the art of hunting and falconry. Commenting on the […]
  • ANOUD TECH SELECTED BY LEADING INSURERS IN EUROPE AND THE CARRIBEAN REGION September 7, 2021
    Salem Mannai, the Chairman and Managing Director of Anoud Technologies (Anoud Tech), a subsidiary of QIC Group and a leading international insurance software solutions provider, announced that the company had been selected by a leading European insurer and by a major insurance group in the Caribbean region, for their IT transformation initiatives. As part of […]
  • Anoud Technologies, QIC Group’s wholly owned subsidiary, named as a Global Top-Ten InsurTech Leader by ACORD and Alchemy Crew January 12, 2021
    Anoud Technologies LLC (Anoud Tech), a wholly-owned IT services subsidiary of QIC Group, the leading insurer in Qatar and the MENA region, has been named by ACORD and Alchemy Crew in the 2020 Top Ten Leaders with the greatest current and future ability to change the industry through InsurTech. ACORD is a non-profit organization in […]
  • QLM Life & Medical Insurance Company QPSC announces its QAR 659,400,000 IPO on the Qatar Stock Exchange December 6, 2020
    IPO of Qatar’s leading provider of life and medical insurance 60% of QLM’s shares, equivalent to 210,000,000 shares, are being offered at an Offer Price of QAR 3.15 per Offer Share, making the total size of the Offering QAR 659,400,000, excluding the offering costs of QAR 0.01 per share QLM’s implied total market capitalization at […]