Qatar General Insurance and Reinsurance (QGIR) has embarked on strengthening its operations in the regional markets and has been open to overseas investments, especially in the areas of insurance, banking and real estate.
“The company is developing insurance operations in the region by investing strategically in regional insurance companies” in view of the increased competition from companies that recently entered into domestic insurance market through Qatar Financial Centre, QGIR chairman Sheikh Nasser bin Ali bin Saud al-Thani said.
Addressing the annual general assembly, he said its plan includes the development and modernisation of the various insurance products, providing excellent customer service by expanding the local network and creating “strategic” partnerships with leading insurance companies.
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