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Doha Insurance Approved to Open Reinsurance Branch in India

by Celia

Doha Insurance Group (DIG), a prominent provider of insurance and reinsurance solutions in the Middle East and North Africa (MENA), has received approval from the Qatar Central Bank to establish a reinsurance branch in India.

The new branch will be located in Gujarat International Financial Tec-City (GIFT City), a key financial hub in India, and will operate under the “Gift City” international insurance office category, according to an official announcement.

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This expansion is a significant step in DIG’s growth strategy, complementing its existing network of regional centers. The company’s other branches have played a pivotal role in boosting its revenues and strengthening its diverse insurance portfolio.

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DIG is now in the process of finalizing the necessary procedures and obtaining regulatory approvals from both the Qatar Central Bank and relevant Indian authorities.

As a leading Qatari insurer, DIG offers a broad spectrum of products and services, including property and casualty insurance, life insurance, and health insurance, catering to both individuals and businesses.

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