ALBAWABA - The Doha Insurance Group's net profit shot up by 90 percent year-on-year in the first quarter of 2023 to 65.6 million Qatari Riyal (QAR), or $18 million, the firm said in a statement. It said the profit was supported by the adoption of the new accounting standard IFRS 17 for insurance companies. That contributed to a 20-percent increase in insurance revenues, reaching QAR 366 million ($100.5 million). The ...