Qatar Reinsurance Company intends to suspend the writing of all new and renewing facultative business from its branch office in the Dubai International Financial Centre.
According to the company distribution throughout the MENA region will continue to be provided by the QIC Group’s existing operations in Doha, Dubai, Oman and Kuwait.
“During the past year, Qatar Re - in conjunction with the wider QIC Group - has been carrying out a strategic review of its business with the objective of boosting underwriting profitability and operational efficiency and realising its strategic objectives,” said Gunther Saacke, Qatar Re’s CEO. “We remain committed to providing the highest levels of service to all our clients and broking partners across our global franchise.”
25 January 2018 Qatar Insurance Company Group (QIC), the insurance group that owns Bermuda-based Qatar Re, has reported what it describes as ‘solid’ financial results for the full year 2017.
15 June 2017 QIC Group had announced that it has made further progress in the pursuit of its strategic objective to enhance its portfolio diversification and geographic expansion.
25 January 2018 Qatar Insurance Company Group (QIC), the insurance group that owns Bermuda-based Qatar Re, has reported what it describes as ‘solid’ financial results for the full year 2017.
15 June 2017 QIC Group had announced that it has made further progress in the pursuit of its strategic objective to enhance its portfolio diversification and geographic expansion.