Al-Islamia Insurance Gains India Branch License
The Qatar Islamic Insurance Group announced that it has obtained a license to operate in the reinsurance business in India. The license was issued by the International Financial Services Authority in GIFT City, Gujarat. This step is part of the group's expansion beyond Qatar, following the confirmation of its financial rating at an excellent level (A-) by the global rating agency AM Best, with a stable outlook. This reflects the strength of the group's financial position.
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