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QATAR GENERAL INSURANCE DISCLOSES THE CEASING OF ITS BRANCH LOCATED IN DUBAI – UNITED ARAB EMIRATES

General Insurance QGRI -1.41% 1.25 -0.02
Qatar General Insurance and Reinsurance Company discloses that, in complement to its former disclosure related to the Company’s decision to exit the insurance market in Dubai via its branch located in Dubai – United Arab Emirates,  the Company’s branch in Dubai will cease issuing any new Insurance Policies as of 26/11/2018 and initiates accordingly the Run off of its Branch.

In this event, QGIRCO affirms the commitment of its Branch in Dubai towards fulfilling all of its obligations particularly with respect to Claims, until the expiry of the last policy issued by the branch. 

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