Doha insurance – Services Sector Sponsor

Jassim Ali bin Abdulrahman Al Muftah
CEO of the Doha Insurance Group

Doha Insurance Group, QPSC, is a leading national insurance and reinsurance company listed on the Qatar Stock Exchange as a public shareholding company. The company was established by a group of notable Qatari business leaders in October of 1999, in accordance with Emiri Decree No. (30).

The Group’s insurance operations are organized into three business segments: Marine and Aviation, Motor Insurance, and General Insurance, and the Group enjoys an (A-) credit rating with a stable outlook from S&P (Standard and Poor’s).

The Group’s Islamic Arm, Doha Takaful WLL, was originally established as a branch in 2006, and subsequently transformed into a wholly-owned subsidiary of the Group in 2018, offering Shari’ah compliant insurance and reinsurance products and services on a non-usury basis.

As part of the Group’s strategic vision to expand both regionally and internationally, the Group established its Non-Life reinsurance arm, Mena Re in DIFC, in 2015, a wholly-owned subsidiary. In 2018, the Group then established its Life and Medical reinsurance arm, Mena Re Life, as a representative office in Beirut.

In 2017, the Group established its information technology subsidiary in Amman, Jordan, Barazan Technology Solutions, to help the Group achieve its strategic digital transformation objectives.