QBE, Middle East is a branch of QBE UK Limited and part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.
Building on a successful portfolio in the Middle East written from Lloyd’s of London, QBE opened its first office in the Middle East in 2009, within the Dubai International Financial Centre and achieved a strong and successful platform for growth in a region covering Middle East, Africa, and Turkey. From February 2020, QBE will add treaty reinsurance to its product offering.
QBE, Middle East brings a commitment to deliver a consistent level of outstanding service through technical expertise and customer focussed products delivered in collaboration with our business partners, insurance companies and brokers.
QBE, Middle East covers the region from the Dubai International Financial Centre and is regulated by the Dubai Financial Services Authority (DFSA) to provide financial services for professional clients.
AM Best is the leading international rating agency with a specialist focus on the insurance industry. Best’s ratings are recognised by users as the benchmark for assessing the financial strength of insurance-related organisations and the credit quality of their obligations.
AM Best greatly expanded its coverage in MENA, becoming the pre-eminent rating agency for insurers in the region. AM Best’s MENA, South & Central Asia office, established in the Dubai International Financial Centre, services clients throughout the region and develops new relationships with both start-ups and established companies.
AM Best has been awarded 20 international “Best Rating Agency” accolades from 2009 to 2019.
The Global Symbol of Financial Strength – www.ambest.com
The Allianz Group is one of the world’s leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance
Part of the Allianz Group, Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. AGCS provides risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 12 dedicated lines of business.
Allianz Partners, also part of the Allianz Group, is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, the company’s innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Allianz Partners products are embedded seamlessly into partners’ businesses or sold directly to customers, and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care. Present in 76 countries, Allianz Partners’ 21,500 employees speak 70 languages, handle over 65 million cases each year, and are motivated to go the extra mile to help and protect their customers around the world.
Charles Taylor InsureTech was established to help insurance businesses drive change through the delivery of technology enabled solutions. Blending our deep knowledge of insurance with leading edge technical expertise, we deliver agile, future-proof solutions to clients worldwide, enabling them to escape their legacy systems and meet the changing expectations of their clients.
Charles Taylor InsureTech is part of Charles Taylor, a leading international provider of professional services to clients across the global insurance market. Charles Taylor employs over 3000 staff in over 100 locations spread across 30 countries in Europe, the Americas, Asia Pacific, the Middle East and Africa.
Fitch Ratings is a leading global provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise.
With a global coverage of over 1,200 Insurance entities rated across all areas including life, property & casualty and reinsurance, Fitch Ratings is committed to providing actionable credit ratings that supports the insurance market and investors alike to confidently evaluate risk.
With 24 locations on the ground in emerging and growth markets, our analysts have an intimate understanding of local economies which they combine with a globally consistent approach to credit analysis.
Our Insurance analysts are accessible and readily discuss the rationale behind our rating methodologies and credit opinions. We extend our openness to investors, regulators, policy makers and other market participants and are uniquely responsive in scheduling meetings and completing assessments in a timely manner.
For further information on Fitch Insurance in the Middle East contact:
Wael Mourad, Director
T: +971 4424 1204 M: +971 50550 0389 E: firstname.lastname@example.org
Sara Cicalini, Associate Director
T: +971 4 424 1218 M: +971 56 4185 060 E: email@example.com
David Turner, Head of Global Insurance Business & Relationship Management
T: +44 (0) 203 530 1442 M: +44 (0) 7921 491 822 E: david.Turner@FitchRatings.com
Insurance penetration in the Middle East is growing rapidly. RFIB Group, a well-established Lloyd’s brokerage with nearly four decades of experience in the Gulf Region, set up RFIB Middle East in the Dubai International Financial Centre in 2006 to take advantage of this. The DIFC Office has developed into a hub which handles our clients’ reinsurance needs across a region that stretches from the Far East to Africa, specialising in the marine, non-marine, financial and professional risks sectors. In 2011 we obtained a licence to establish a joint venture in Riyadh and we run a separately constituted Saudi-regulated reinsurance brokerage company there. RFIB has unparalleled knowledge of the region and has the capacity to handle almost all classes of reinsurance business. We have shown flexibility in recent years, in the face of considerable instability in the Middle East and have broadened our client base into neighbouring regions.
With more than 305 years history, RSA is one of the world’s oldest general insurers, providing peace of mind to individuals and families, and protecting small businesses and large corporations from uncertainty. RSA gross written premium for the year ended 31 December 2018 was 7,467£m.
Our story in the UAE started in 1956 when we set foot on the shores of the Arabian Gulf. We have witnessed the transformation of a port city into one of the most progressive nations of the World. Our value proposition in the MENA region was further strengthened in October 2012 when we established our branch office within the Dubai International Financial Centre.
RSA DIFC operates as a facultative reinsurer (no treaty) and primarily support placements from the MENA region for commercial property risks, casualty, construction, engineering, renewables and marine, areas where RSA are internationally recognized for expertise with the ability to lead or follow.
RSA DIFC is a branch of RSAI and carries the Group Standard & Poor rating of “A Stable”.