DIFC News

International General Insurance Appoints Curtis as CFO in UK

International General Insurance Holdings (IGIH) appoints Simon Curtis as chief financial officer at its IGI UK business in London as part of moves to grow the UK operation. Curtis has more than 20 years’ experience in accountancy and insurance, most …

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, …

Talbot, Abu Dhabi Insurer End Joint Venture; Continue Commitment

Talbot Underwriting, Ltd., a wholly owned subsidiary of Validus Holdings, and Abu Dhabi National Insurance Company (ADNIC), a prominent insurance company in the UAE, announced today that they are ceasing their Joint Venture business “Underwriting Risk Services (Middle East) Ltd.”, …

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 …