About Us

The Company was founded on 21st July, 2004 and was granted a license by the Capital Market Authority (CMA) in Oman

Oman Qatar Insurance Company SAOC (OQIC) is a closely held joint stock company incorporated in the Sultanate of Oman and is engaged in the business of life and general insurance.

OQIC is a subsidiary of Qatar Insurance Company SAQ (QIC), a publicly listed composite insurer with a consistent performance history of 50 years and an underwriting footprint across the Middle East, Africa and Asia. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A (Excellent) from A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Stock Exchange and has a market capitalization of more than USD 4 billion.

OQIC is supported by QIC Group’s treaty facilities with “A” rated reinsurers from international markets. At the same time, OQIC’s local shareholder, Al Hosn Investment SAOC, a leading business house in the Sultanate of Oman has rendered continuous support and guidance.
Besides a corporate office at 4th Floor ,AL Nawras Commercial Center Building, Near HSBC, Al Khuwair, P.C. 112, Sultanate of Oman. And retail branches

Qatar is a sovereign Arab emirate, located in Western Asia, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Qatar is the world’s richest country per capita and achieve the highest human development in the Arab World and 36th highest globally. Furthermore, it is recognized as a high income economy by the World Bank and also the 19th most peaceful country in the world. Qatar is currently undergoing transformation under the National Vision 2030, in which it expects to achieve advanced, sustainable and diversified economy. In order to promote tourism, Qatar has invested billions into improving infrastructure. It will be the host of the 2022 FIFA World Cup, becoming the first Arab country to host either of the events.

The heart of Qatar’s strategic vision for the future is helping people achieve their full potential, thereby benefiting the individuals, their families, the community and the nation, promoting public health, encouraging healthy lifestyles, providing community-based primary care, and ensuring that some of the world’s most advanced and highest quality care is available in Qatar.

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  • QIC Launches New Personal Cyber Insurance Coverage May 27, 2025
    Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has introduced its new personal cyber insurance, an innovative coverage designed to protect individuals from cyber risks, ensuring they can navigate their digital lives with extra confidence. QIC’s new personal cyber insurance is the first in Qatar to offer individuals a comprehensive […]
  • Doha Emerges as a Global Epicenter for Fintech and Insurtech Innovation as MENA Summits 2025 Conclude with Resounding Success May 13, 2025
    The fourth edition of the MENA Insurtech Summit and the inaugural MENA Fintech Summit 2025, hosted by Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, concluded today in Doha with resounding success, cementing their position as the region’s premier platforms for innovation, collaboration, and thought leadership in insurance and […]
  • QIC Group Launches Dual MENA Insurtech and Fintech Summits in Doha Advancing Qatar’s Digital Vision May 12, 2025
    Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, today inaugurated the fourth edition of the MENA Insurtech Summit alongside the inaugural MENA Fintech Summit at the Qatar National Convention Centre (QNCC). Held under the auspices of the Qatar Central Bank, led by His Excellency Sheikh Bandar bin Mohammed bin Saoud […]
  • QIC Group Unites MENA Insurtech and Fintech Ecosystems Under One Strategic Platform in Doha May 7, 2025
    Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region and a pioneer in digital innovation, today announced the launch of the 4th MENA Insurtech Summit and the inaugural MENA Fintech Summit, both of which will be held concurrently under one unified platform on May 11–12, 2025 at the Qatar […]