Magazine date:
Oct 2014 Qatar Re achieved a turnover of 327 million USD in the first half of 2014, up by 55% compared to the same period in 2013. Despite the persistence of a soft market, the Qatari reinsurer is targeting the collection of 550 million USD in turnover for the full year 2014, that is an increase of over 60% in one year.
Being in the full swing of overhaul operations, Qatar Re is endeavoring to become a major multi-business reinsurer. Founded in 2009 under the name of Q-Re, the company has, in 2014, a hundred staff members, scattered around the offices in Doha, Zurich, Bermuda and London.