Trust Re to cease underwritings in Morocco and Labuan

Trust Re intends to cease underwritings from the Moroccan and Labuan branches as part of its strategy of centralizing operations.

All the offices’ activities will now be managed in Bahrain. In 2019, Talal Al Zain has been appointed CEO group of Trust Re and executive committee appointed to develop a new policy.

During the same year, Nest Investments Holdings injected 130 million USD into the Bahraini reinsurer.

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