Home
/
News
Qatar General Insurance &
Reinsurance Company Reports Net Losses of QAR 468.02 Million in 2019
4 March 2020
Qatar General Insurance & Reinsurance
Co has disclosed its financial statements for the year ended 31 December
2019. The company reported net loss of QAR 468.02 million for the year against ‘adjusted’
net loss of QAR 169.24 million for 2018.
Losses per share for 2019 amounted
QAR 0.535 versus QAR 0.193 ‘adjusted’ losses per share for 2018. The
final version of the financial statements is subject to the approval of
Qatar Central Bank.
The company has further announced the
date of holding its annual general meeting ‘AGM’ to take place on
Monday, 29 March 2020 at 1:30 pm in Sharq Village & Spa – Al Dasha
Ballroom – Ras Abu Aboud. In the event a quorum is not accomplished, an
alternative meeting is scheduled to hold on Wednesday, 8 April 2020 at
5:30 pm same time and place.