Qatar
QIC’s profits surge after cull on loss-making business
Profits at Qatar Insurance Company (QIC) surged 181% to 325QARm (£70m) after it pulled back from challenging markets.
Buyer gears up for Markerstudy insurer swoop amid QIC exit
Qatar Insurance Company wants to exit loss making business and is poised to sell its Gibraltar-based direct insurance carriers.
Markerstudy rejoins Biba
The business stopped exhibiting at the trade association’s annual conference in 2017.
Markerstudy forced to go "on hiatus" for new quotes in commercial lines
Group commercial director Gary Humphreys says MGA is in talks with two potential providers after it was asked by backer QIC to find alternative capacity for its commercial SME book.
Markerstudy confirms loan deal with QIC
The organisation was due to pay back a £240m+ loan at the start of December but has reached an agreement to restructure it.
Markerstudy keeps brand after insurance company sales – Gary Humphreys interview
Group to be an MGA and is looking to expand broking arm.
Markerstudy sold to Qatar Re
Deal expected to complete in first half of 2018.
JLT named as a broker for 2022 World Cup
The company will be involved in insurance for five stadia at the World Cup in Qatar.