QLM insurance revenue rises 10% to QR791 mn in H1 2026
Tribune News Network DOHAQLM Life & Medical Insurance Company QLM), Qatar’s leading life and medical insurer, reported a 10% increase in insurance revenue to QR791 million for the...
QLM Life & Medical Insurance Company, Qatar's leading insurer, reported a 10% rise in insurance revenue to QR791 million for the first half of 2026, compared to QR722.3 million in the same period last year. Despite a decline in net profit to QR33 million, the company's earnings per share decreased to QR0.09 from QR0.12 a year earlier.
Investment and other income improved to QR28.6 million, up from QR27.8 million in the corresponding period of 2025. QLM Chairman Sheikh Tamim bin Hamad bin Jassim bin Jabor Al Thani praised the company's performance, emphasizing its commitment to strengthening Qatar's healthcare infrastructure and supporting economic expansion. The CEO, Fahad Mohammed Al Suwaidi, highlighted the company's transition towards a focus on wellness and preventive care, integrating health initiatives and digital solutions into its offerings.
QLM aims to maintain its leading position in the market by investing in technology and digital innovation, ensuring seamless and health-focused customer interactions.
Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
