The Company's principal activity is the underwriting of life and medical insurance in the State of Qatar, and reinsurance of life and medical insurance originating outside of the State of Qatar.

QLM Life & Medical Insurance Company WLL was incorporated as a limited liability company on 30 April 2018. Following its incorporation in 2018, QLM became the business successor of Q Life when it acquired substantially all of the insurance business portfolio of Q Life with effect from 1st January 2019, which had been operational since June 2011.

QLM has continued to engage in the same activities as Q Life (group life, group credit life and group medical) and has also expanded into retail life insurance products and will continue to expand into additional new product lines, including individual medical insurance, and investment-linked life insurance. QLM and its business predecessor Q Life have continuously been profitable since Q Life's incorporation in 2011.