Africa Reinsurance Corporation (Africa Re) Group selects Dubai International Financial Centre for Middle East expansion

Africa Reinsurance Corporation (Africa Re) Group selects Dubai International Financial Centre for Middle East expansion

Africa Reinsurance Corporation (Africa Re) Group selects Dubai International Financial Centre for Middle East expansion

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has welcomed Africa Reinsurance Corporation (Africa Re) Group. The business will operate as Africa Re Underwriting Agency Limited (Africa Re) and the DIFC presence is their first office outside Africa.

Over the last 44 years, Africa Re has focused on developing the insurance and reinsurance industry to support African economic development. The business is now expanding, open to select markets in Asia, Brazil and the Middle East.

Africa Re's areas of expertise include underwriting proportional and non-proportional (marine and non-marine) treaty business, offshore and onshore energy including oil, gas, petrochemicals, power and other utilities, as well as general