Saturday, May 11, 2019
Personal Report for Financial Services Term Paper - 1
Personal Report for Financial Services - Term subject ExampleIts equity jumped to QR 5.3 billion, and its profits for the years was QR 0.78 billion (Jaghoub, 2013).QIC offers several services caged below Personal and melody insurance policy. Under personal insurance QIC offers Home Care, which essentially covers your home and everything within its confines. Premier Automobile Insurance is tailored to insure your vehicle, family and whoever else is caught up in an accident or car crash involving your automobile. Travel business concern covers clients on holiday in whatever part of world by providing quality medical assistance and life insurance (Ali, 2013).Under the Business Insurance segment, QIC offers corporate medical and Motor insurance for companies under their plan. They in addition offer Marine and Aviation Insurance, which essentially covers cargo that is transported via water and air, most of which is vulnerable to cancel hazards, pirate activities, collision and poll ution liabilities (Ali, 2013). They also cover any damage to the sea vessels or aircrafts during the argumentation of freight.QIC also diversifies into financial advisory and really estate, which has seen its margins grow exponentially in the recent past. Under real estate, the company invests its funds in property development and purchase of real estate. QIC management team also offers financial consultancy services to other companies with the aim of steering them into profitability (Ali, 2013).The service quality of QIC is exemplary. It offers a vast array of services, most of which are tailored to met specific needs. They are known to make payments on period incase claims are made. Their valuations are commensurate to the damage inflicted on an individual or property (Ali, 2013). creation an underwriter in its on right, QIC has been issued a Rating A/Stable in financial distinctiveness and Issuer Credit, confirming that the company is excellent in risk adjustment capitalizat ion, above average
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.