Qatar Re Granted License by Dubai Financial Services Authority

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 branch license from the DFSA is yet another milestone in our strategy of expanding Qatar Re’s global franchise,” said of Qatar Re’s CEO Gunther Saacke, “In a marketplace under pressure from commoditization, proximity to clients and first hand market insights are key to providing added value services and bespoke products across the region.”

Source: Qatar Reinsurance Company Limited

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