Dubai International Financial Centre said the number of companies based in the hub rose 16 percent during the first half even as lower oil prices and slowing economic growth forced some banks in the United Arab Emirates to cut jobs. …
Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has joined forces with specialist insurer Markel International to provide a facility for directors and officers risks in the Middle East and Africa (MEA) marketplace. Offered through Lloyd’s Dubai, …
Bermuda-based PartnerRe Ltd. announced that its subsidiary, Partner Reinsurance Europe SE, has been granted a license from the Dubai Financial Services Authority (DFSA) to operate as an Authorized Firm in the Dubai International Financial Centre (DIFC), effective December 16, 2015. …
Qatar Reinsurance Company Limited (Qatar Re) announced that the Dubai Financial Services Authority (DFSA) has granted the firm a license to operate in and from the Dubai International Financial Centre (DIFC), which became effective as of 22 November 2015. “The …
International General Insurance Holdings (IGIH)* has appointed Chris Mauduit as head of professional indemnity (PI) at its London business IGI UK. Mauduit has 35 years’ experience and joins from Catlin where he worked since 2003, setting up the company’s PI …
The Dubai International Financial Centre (DIFC) announced that its Insurance Association “has been incorporated as a non-profit body in the DIFC and is ready to welcome corporate applicants. Dr. Bassel Hindawi, one of the three initial founding members of the …
Lloyd’s announced that Mark Cooper has been appointed as the market’s first Country Manager for Dubai. Beginning in February he will head up Lloyd’s new operation in the Dubai International Financial Centre (DIFC), “managing the platform and supporting Managing Agents …
Catlin Group Limited has announced the establishment of Catlin Middle East Limited in the Dubai International Financial Centre (DIFC). Catlin Middle East “offers facultative reinsurance to insurers in the Gulf Cooperation Council (GCC) countries, Africa and parts of South Asia,” …
Global wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) announced that after receiving the requisite approval from the Dubai Financial Services Authority it has launched Cooper Gay (Dubai) Limited, a wholly owned subsidiary of Cooper Gay (Holdings) Limited. …
