Reinsurance News

Doha Insurance receives approval to open reinsurance arm in India

27th December 2024 - Author: Kassandra Jimenez-Sanchez -

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Doha Insurance Group (DIG), a provider of insurance and reinsurance solutions in the Middle East and North Africa region, has revealed plans to open a reinsurance branch in the Republic of India.

doha-insurance-logoThe insurer has obtained the approval of the Qatar Central Bank to open a branch in Gujarat International Financial Tec-City (GIFT City), India.

According to the announcement, the branch will operate under the “Gift City” international insurance office category.

This expansion marks another milestone in DIG’s growth strategy, building on the achievements of its other regional centres.

These branches have significantly contributed to enhancing the Group’s revenues and strengthening its insurance portfolio.

The Group is currently working to finalise all necessary procedures and securing the required regulatory approvals from both Qatar Central Bank and other Indian regulatory and supervisory authorities.

As Qatari insurance and reinsurance provider, DIG offers a wide range of products and services to individuals and businesses, including property and casualty insurance, life insurance, and health insurance.