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Insurance index outperforms other indices
05 Apr 2021 - 8:45
Sachin Kumar/ The Peninsula
The shares of insurance companies listed in the Qatar Stock Exchange have risen sharply in the last two months, helped by news of a draft law that would make taking health insurance mandatory for expatriates and visitors for availing basic health care service in Qatar.
Since this draft law was approved by the Cabinet on February 24 this year, the ‘All Share Insurance Index’ has outperformed other sectoral indices in the Qatar Stock Exchange. The ‘All Share Insurance Index’, commonly known as the Insurance Index among investors, has jumped by around 13 percent since February 24, which is the highest gain among indices.