Doha, Qatar, March 13, 2019: As a progressive leader in Corporate Social Responsibility (CSR) and socially responsible business practices, Qatar Insurance Group, the flagship insurer is sponsoring the Katara International Beach Volleyball Championship 2019 as the gold sponsor of the event. The event which is scheduled from 12th March will be held at the Amphitheater at Katara. The event will witness participation of 50 teams from 29 countries.
Qatar Insurance Group's role as a sponsor highlights the company’s unilateral focus on being a responsible corporate citizen and demonstrates its full support to all sports activities and initiatives for the nation.
Commenting on the Group’s strategic partnership, Mr. Salem Al Mannai, Deputy Group President & CEO of QIC Group remarked, “We are delighted to partner with Katara to support this prestigious sporting event. Katara has always been ahead of the curve in hosting various sporting and cultural events in Qatar and through this partnership, QIC Group has once again demonstrated its continued commitment to local sporting events and raising Qatar’s global profile in support of the Qatar National Vision 2030.”
Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 55 years and a global underwriting footprint. 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 region. 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 Exchange and has a market capitalization of over USD 3 billion.