iSwiss Financial Group has announced that the United Arab Emirates has granted the group’s new company, iSwiss Reinsurance, a licence to operate in the country’s reinsurance market, from where it will also offer its services globally.
The iSwiss Group explained that its decision to expand its insurance business is “undoubtedly” due to the forecast increase in demand in the reinsurance sector, alongside the solid results achieved by iSwiss Insurance, which is set to be among the new Dubai-based entity’s customers.
