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Qatar Insurance's net profit rises 6%

Posted On: Oct. 31, 2019 6:09 AM CST

Qatar Insurance Co.'s net profit grew 6% year-over-year to 500 million Qatari rial ($136 million) in the first nine months, compared with QAR 474 million in the first nine months of 2018, The Peninsula reports. Gross written premiums increased 3% to nearly QAR 10 billion, while net underwriting profit rose 11% to QAR 420 million.

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