Q-Re at a glance
Established in 2009, Q-Re is a wholly-owned subsidiary of Qatar Insurance Company (QIC). It is headquartered in Doha, Qatar and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA). Q-Re is backed by an unconditional parental guarantee from QIC which is capitalised at approximately USD 1.2 billion.
Q-Re has a financial strength rating of ‘A’ with stable outlook from Standard & Poor’s and A.M. Best. The firm is benefiting from QIC’s unconditional parental guarantee and its strong as well as growing capital base. Q-Re is developing into a global reinsurer writing all major property, casualty and specialty lines of business. Recently it opened a branch office in Zurich and a representative office in London and is also awaiting regulatory approval for a new branch in Bermuda.
Information on the most current rating is available at www.standardandpoors.com
A rating is an opinion of an insurer's financial strength;