Qatar Insurance to focus on new countries

Salem Khalaf Al-Mannai, chief executive for the Middle East and North Africa region at Qatar Insurance Co. S.A.Q., said that the insurer is focusing on new countries to offset the impact of the Saudi-led campaign to isolate Qatar, Bloomberg reported. “In the past three months we have secured business in Oman that is equivalent to our Abu Dhabi business,” Mr. Al-Mannai said. The insurer gets 30% of its business from the Gulf region, but considers the impact of the regional standoff on its operations in the United Arab Emirates to be “minimal.”
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