Qatar Insurance tightens underwriting to hedge risk
Posted On: Apr. 30, 2019 5:43 AM CSTQatar Insurance Company Q.S.P.C. plans to selectively write new business and shift to low risk lines as part of its plans to boost returns and reduce volatility, The Royal Gazette reported. The insurer's net profit grew more than 15% year over year to $75 million while gross written premiums remained nearly flat at $969 million in the first quarter.