Jul
08
Munich Re Receives Reinsurance License for Middle East and Africa Business
Munich Re has been licensed by the Dubai Financial Services Authority (DFSA) to open a reinsurance unit called Munich Re Underwriting Agents (DIFC) Ltd. in the Dubai International Financial Center, making it the first of the biggest reinsurance companies in the world to do so. Operating out of the Dubai International Financial Center will allow Munich Re Underwriting Agents to service the entire…