June 23, 2017 5:47 AM ET

Insurance

Company Overview of Damaan Islamic Insurance Company (Beema)

Company Overview

Damaan Islamic Insurance Company (Beema) provides insurance products and solutions in Qatar and the GCC countries. It offers retail insurance solutions, including motor and travel insurance; and general insurance products and services, such as fire and property, liability, engineering, pecuniary, marine, and aviation insurance, as well as bankers blanket bond, hotel, jewelers block, event cancelation, contingency/cancellation, and personal accident insurance solutions. The company also provides individual/group family and medical insurance products and services. Damaan Islamic Insurance Company (Beema) was incorporated in 2009 and is based in Doha, Qatar.

8th floor, Qatar Investment Bank Building

Suhaim Bin Hamad Street

Al Sadd Area

P.O. Box: 11068

Doha,  

Qatar

Founded in 2009

Phone:

974 40 50 555

Fax:

974 40 50 505

Key Executives for Damaan Islamic Insurance Company (Beema)

Deputy Chief Executive Officer
Managing Director and Director
Compensation as of Fiscal Year 2016.

Damaan Islamic Insurance Company (Beema) Key Developments

Dammam Islamic Insurance (Beema) Reports Earnings Results for the Full Year of 2015

Dammam Islamic Insurance (Beema) reported earnings results for the full year of 2015. For the year, the company reported net profit of the shareholders reached USD 17.28 million.

Damaan Islamic Insurance Company (Beema) Reports Earnings Results for the Third Quarter of 2015

Damaan Islamic Insurance Company (Beema) reported earnings results for the third quarter of 2015. The company achieved a total profit for both shareholder and policy holders of QAR 66 million as a gross contribution of QAR 249 million in the third quarter of the current year 2015 an increase of 23% achieved in the same period of 2014 and surplus from insurance operations of QAR 25 million accomplished while there was an 11% increase from 2014 in shareholders profit amounting in QAR 41 million, due to the outstanding performance and the diversity of products and quick access to the company's customers.

Similar Private Companies By Industry

Company Name Region
Al Jasr Takaful Insurance Middle East/Africa
Al Jisr Takaful Insurance Company Middle East/Africa
Damaan Islamic Insurance Company (Beema) Middle East/Africa
Qatari Unified Bureau Insurance W.L.L. Middle East/Africa
AIG MEA Limited (QFC Branch) Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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