Dubai News

Lloyd’s Opens Specialist Underwriting Platform in Dubai

Lloyd’s has opened a new specialist underwriting platform in Dubai to provide tailored risk solutions across the Middle East. This brings the number of Lloyd’s businesses trading in the Dubai International Financial Centre to nine – Amlin, Argo Re, Beazley, …

Dsouza Joins Argo Group in Dubai as Casualty, Professional Lines Underwriter

Argo Group International Holdings, Ltd. announced that Jason Dsouza has joined Argo Re (DIFC) Ltd. in Dubai as a casualty and professional lines underwriter. He will report to Argo Re (DIFC’s) Chief Underwriting Officer Lina Hantas. Argo Re (DIFC) Senior …

Best Opens Office in Dubai International Financial Center

A.M. Best Co. announced the formal opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The office is located in Tower 2, Currency House, DIFC, and “will operate as A.M. Best MENA, South & …

Reuters: Dubai Finance Centre to Allow Transactions in Chinese Yuan

The Dubai International Financial Centre (DIFC), the United Arab Emirates’ financial hub, expects to permit transactions in Chinese yuan from this year, industry sources told Reuters on Thursday. The change would represent an important step in China’s drive to encourage …

A.M. Best to Open Branch in Dubai for Middle East, Africa, Asia

Rating agency A.M. Best’s London office said it has obtained the necessary approvals to establish a branch operation in the Dubai International Financial Center in Dubai, UAE. The new office will serve Middle East-North Africa, South and Central Asia. The …

Argo Group Opens Office in Dubai

The Bermuda-based Argo Group International Holdings announced that it has established a “locally domiciled insurance operation in the heart of the Dubai International Financial Center (DIFC).” The new company – Argo Re (DIFC) Ltd. – is a subsidiary of Argo …

Lockton Dubai Names Dawes Specialist Financial Lines Broker

Lockton in Dubai announced the appointment of Neil Dawes as a specialist financial lines broker providing (re)insurance and risk management expertise to clients in the Middle East and North Africa (MENA) region. He has more than “24 years of experience …