QIC raises $300mn to support capital position as Markerstudy debt repayment looms

Qatar Insurance Company (QIC) has announced the issuance of $300mn in tier 2 capital notes as the Doha-headquartered carrier looks to bolster its capital position through the prevailing financial market turbulence brought about by the Covid-19 pandemic and with the delayed deadline of a $300mn+  debt from UK MGA Markerstudy fast-approaching.