| A major insurance company based in the Middle East intends to expand its reinsurance operations into Bermuda. Qatar Insurance Company has embarked on a five-year plan, which includes setting up operations for its reinsurance arm in Bermuda and Zurich.
The company intends to open these new Q-Re operations before the end of the year. Eonomic Development Minister Grant Gibbons said yesterday: “We are pleased to see a leading Gulf-Region insurer increasing its presence in Bermuda and bringing top quality capital to our island.”.......................................Full Article: Source
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