Qatar insurer's profits soar
Created: Apr 18, 2007 11:00 AM
DUBAI (Bloomberg) — Qatar General Insurance & Reinsurance SAQ, an insurer operating in Qatar and the United Arab Emirates, said first-quarter profit more than doubled.Net income rose to 26.7 million riyals ($7.3 million), or 1.99 riyals a share, from 10.3 million riyals, or 0.91 riyals, in the year-earlier period, the company said in a filing to the Doha Securities Market yesterday. No other information was provided.
