Dubai Financial Services Authority (DFSA) News

Lloyd’s Coverholder, Arma Underwriting, Launches in Dubai with MENA Focus

Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last month. Asta-backed Arma is an approved Lloyd’s coverholder that writes multi-line re/insurance …

Aspen Re Opens Dubai Hub; Senior Appointments Announced

Aspen Insurance Holdings Ltd. announced that its reinsurance segment, Aspen Re, has opened a new hub for the Middle East and Africa in Dubai. The establishment of a reinsurance hub in Dubai is consistent with Aspen Re’s strategy of maximizing …

PartnerRe Establishes Branch Office in 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 Re Granted License by Dubai Financial Services Authority

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 …

Verma to Head New Catlin Office in Dubai International Financial Center

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,” …