Qatar Insurance Company SAQ http://www.alacrastore.com/company-snapshot/Qatar_Insurance_Company_SAQ-2542804 Sunday, October 12, 2008 3:48:47 AM 2542804 Qatar Insurance Company SAQ en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/660613spcred/660613normThe latest Full Report from S&Pglobal7/21/2008 10:29:07 AM400Full Report660613QatarProperty & Casualty InsuranceEmerging MarketsEurope, Middle East, AfricaGlobal IssuersInsuranceFull ReportStrong competitive position with ambitious plans to expand internationally Extremely strong capital adequacy Very strong operating performance High, but reducing reinsurance utilization Locally concentrated investment portfolio Economic and industry risk inherent to the Gulf region The ratings for Qatar-based insurer Qatar Insurance Co. SAQ (QIC) reflect the company's extremely strong capital adequacy, strong competitive position, and very strong operating performance. These strengths are partially offset by high, but reducing use of reinsurance; local concentration of the investment portfolio, particularly in equities; and economic and industry risk inherent to the Gulf region. QIC's capital adequacy is extremely strong, and therefore a key rating strength. Standard&Poor's Ratings Services expects QIC's capital adequacy to remain at least very strong, supported byQAT40301040 403010 4030 40Qatar Insurance Co. S.A.Q.314314EMERGINGEUROMIDAFRQATI@QDFULLGLOBISSINSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/660616spcred/660616normThe latest Summary from S&Pglobal7/21/2008 10:29:07 AM175Summary660616QatarProperty & Casualty InsuranceEmerging MarketsEurope, Middle East, AfricaGlobal IssuersInsuranceSummaryThe ratings for Qatar-based insurer Qatar Insurance Co. SAQ (QIC) reflect the company's extremely strong capital adequacy, strong competitive position, and very strong operating performance. These strengths are partially offset by high, but reducing use of reinsurance; local concentration of the investment portfolio, particularly in equities; and economic and industry risk inherent to the Gulf region. QIC's capital adequacy is extremely strong, and therefore a key rating strength. Standard&Poor's Ratings Services expects QIC's capital adequacy to remain at least very strong, supported by the continuing strength of retained earnings. Competitive position is strong as a result of QIC's dominant position domestically. It maintained its market share at 50.6% of the market and also developed its presence regionally andQAT40301040 403010 4030 40Qatar Insurance Co. S.A.Q.314314EMERGINGEUROMIDAFRQATI@QDSUMMARYGLOBISSINSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/930513bir/930513normQatar Insurance Company SAQQatarInsurance: Insurance and reinsurance, except life insurance632163315241145241269QATI6/20/2008 6:51:00 AM930513Company Profiles & FinancialsGale Company Profiles