Qatar Chamber committee reviews pricing of insurance services

Qatar Chamber committee reviews pricing of insurance services

The meeting was presided over by Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, who is also the committee chairman, in the presence of Sheikh Mohamed bin Ahmed bin Saif al-Thani, director of the Insurance Supervision Department at the Qatar Central Bank (QCB), and a number of banking experts.

Qatar Chamber’s Insurance Committee recently held a meeting to discuss the pricing of mandatory insurance for residents, the participation of insurance companies in the pricing of insurance services, the commission rate of insurance brokerage companies and the scope of their work, digital transformation, and insurance for electric cars, among other topics.The meeting was presided over by Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, who is also the committee chairman, in the presence of Sheikh Mohamed bin Ahmed bin Saif al-Thani, director of the Insurance Supervision Department at the Qatar Central Bank (QCB), and a number of banking experts.Speaking at the meeting, Sheikh Khalifa lauded the QCB’s important role in regulating and developing the insurance sector in the state. He stressed the importance of dealing with the changes that took place in the sector after the 2022 FIFA World Cup. Sheikh Khalifa also underscored that insurance companies’ future strategies need