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Qatar Re Gets Approval To Domicile In Bermuda
Qatar Reinsurance Company Ltd has completed the process of re-domiciling to Bermuda, and has been granted a Class 4 licence from the Bermuda Monetary Authority [BMA], following all regulatory approvals, effective today [Dec 3]. “As part of the re-domiciling Qatar Re’s capitalisation will increase to approximately USD 500 million. The company... Read more of this article
Qatar Reinsurance To Domicile In Bermuda
Qatar Reinsurance Company LLC has announced its intention to transfer its seat of incorporation from the Qatar Financial Centre to Bermuda. The proposed transfer is expected to take place in the 4th quarter of 2015 and is subject to regulatory approvals. The company said, “Following its continuation in Bermuda, Qatar Re will become a Class 4 reinsurer... Read more of this article
