Insurance & Reinsurance

QFC’s insurance and reinsurance sector provides businesses and investors with a vital safety net that supports growth and stability. QFC-licensed insurers and reinsurers help individuals and companies manage risk, build stability and plan for a secure future.

Overseen by the QFC Regulatory Authority (QFCRA), firms operate under a range of activities, including underwriting across life, property, motor, liability and other lines, as well as brokerage and captive insurance for related entities.

Alongside a strong regulatory framework, Qatar’s insurance market is accelerating with the adoption of technology. The market is projected to reach USD 49,291.7 million by 2033, exhibiting a growth rate (CAGR) of 11.4% during 2025–2033. As demand rises, QFC continues to evolve its offerings to help clients grow with confidence.

Insurance & Reinsurance

WHAT WE OFFER 

Explore the Range of Activities we License

Regulated Activities

1. Insurance and Reinsurance Underwriting

  • Issuing insurance policies and assuming risk across life, property, motor, liability and other insurance classes

  • Covers both direct insurance and reinsurance operations

2. Insurance and Reinsurance Brokerage

  • Acting as an intermediary between clients and insurers/reinsurers

  • Facilitating policy placement and renewals and supporting claims administration/handling

3. Captive Insurance

  • Providing insurance coverage for the risks within its parent group or related entities

  • Commonly used for fleet, property, and specialised risks.

Non-Regulated Activities

This involves third-party administrators providing claims administration and back-office support to insurers, without participating in underwriting activities. Digital insurance aggregators may also operate within the QFC by offering platforms that enable customers to compare products. Depending on the business model, such operations may require Qatar Central Bank (QCB) sandbox approval and a no-objection from the QFCRA.

1. Third-Party Administration (TPA)

  • Claims processing and other administrative support for insurers

  • Does not involve underwriting or risk assumption

2. Insurance Aggregators

  • Digital platforms that compare insurance products

  • May be licensed under FinTech or IT services if not directly selling or underwriting policies

  • May require QCB sandbox admission and QFCRA no-objection

Here's why companies choose to set up a business with QFC:

100% foreign ownership
100% foreign ownership
100% repatriation of profits
100% repatriation of profits
Trading in any currency with no restrictions
Trading in any currency with no restrictions
Competitive 10% corporate tax on locally sourced profits
Competitive 10% corporate tax on locally sourced profits
Legal environment based on Common Law
Legal environment based on Common Law
Access to 80+ double taxation agreements
Access to 80+ double taxation agreements

GET STARTED

Setup Process

Setting up a business at QFC is a transparent, efficient and seamless process. Requirements vary depending on the nature of your activities.

Connect with the QFC team to discuss your plans, proposed activities and eligibility to set up at QFC.

Work with our team to identify your activities and select the appropriate legal structure for your entity.

  • Confirm whether your activities are regulated or non-regulated

  • Select the appropriate legal structure within QFC framework

  • Align your business model with QFC's financial solutions offerings

A link will be shared with the applicant to complete the form and provide the application requirements.

Provide a business plan covering your strategy, target market, ownership structure and three-year financial projections.

Please note: Applications for regulated financial services must include a Regulated Business Plan (RBP) detailing governance, risk management, compliance and capital adequacy.

Regulated Business Plan (RBP) Guide ≫

Your application will be reviewed by QFC team. If your activities are regulated, the QFC Regulatory Authority (QFCRA) will conduct a detailed assessment of your business model, governance arrangements, capital position and risk framework.

You may be asked to provide clarifications or additional documentation.

Once approved, your entity will be incorporated and licensed. You will receive your official registration documents and can proceed with post-licensing steps, such as:

  • Commercial Registration Extract

  • License Certificate

  • License Letter

  • Incorporation Certificate

After registration, QFC will facilitate the process of obtaining the computer card and setting up the bank account.

Set up your business in Qatar

Qatar Financial Centre (QFC) is a leading onshore business and financial centre, offering a world-class platform for both domestic and international companies to establish and operate in Qatar, and is supported by a legal and regulatory environment based on international best business practices.
Register Your Interest
Ask Faisal

Hi, I’m Faisal. How can I support you today?