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
Was this article valuable?
Here are more articles you may enjoy.
More Americans Are Moving Away From Flood Risk Than Toward It 
Intersecting Risks and the Future of Construction Insurance 
Update: NAIC Says Data Taken in Hack Has Been Published Online 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
