trending Market Intelligence /marketintelligence/en/news-insights/trending/iMpmwN5MxyrtCSrRNd9R4g2 content esgSubNav
In This List

Report: PartnerRe to shutter Dubai operations, Aspen to pull back in region

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration

Blog

Insight Weekly: Banks pursue deals; offshore wind transmission; UK broadcasters vs. streamers


Report: PartnerRe to shutter Dubai operations, Aspen to pull back in region

PartnerRe Ltd. will close its operation in Dubai in early 2019, Insurance Insider reported.

The Bermuda-based insurer will retain its book of business written in Dubai and is expected to move the management of risks to its Zurich and Paris offices.

The report also stated that Aspen Re in November stopped underwriting facultative reinsurance business in the region. An Aspen spokesman reportedly said the decision will not affect any other classes of business written out of Aspen Re's Dubai hub or property FAC business written on any of the company's other platforms.