Press release about Al-koot Insurance and Reinsurance Company

Press release about Al-koot Insurance and Reinsurance Company

27-08-2012

Within the frame of the company’s commitment to undertake its responsibilities as one of Qatar Exchange listed companies, and in particular to disclosure obligation as per the provisions of Article 47 of the Offering and Listing Rulebook issued by QFMA, in a brief statement to the Qatar Exchange, H.E. Dr. Mohammed bin Saleh Al-Sada, Managing Director, Gulf International Services, informed the Qatar Exchange that the company's wholly owned subsidiary, Al Koot Insurance and Reinsurance, has been invited by the Government of the State of Qatar to participate in wide-ranging discussions reviewing the insurance industry in Qatar that may result in significant changes to the ownership and / or operations of the subsidiary. Further details will be provided in due course.

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