The Societe Centrale de Reassurance (SCR) will open an operational branch in Dubai International Financial Centre (DIFC) by the end of the year.
According to Mohamed Larbi Nali, CEO of the SCR, "preparations are in the final stages".
As a reminder, the SCR has recorded 350 million USD of gross written premiums in 2013, with net profit of 50 million USD (+25% compared to 2012).