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.
PartnerRe’s branch office in the DIFC will be focused on providing “regional facultative support in property and construction lines, to our clients based in the Middle East region,” the announcement said.
PartnerRe has appointed John Ramesh to the position of Senior Executive Officer of the Dubai branch, to lead the team. Underwriting operations from our DIFC office will begin on January 1, 2016.
Source: PartnerRe
Topics Mergers & Acquisitions
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