Qatar-headquartered Doha Insurance Group (DIG) is preparing to set up a branch in the Saudi Arabian insurance market to engage in reinsurance business, in an expansion of reinsurance operations overseas.
DIG has announced that it has obtained the approval of the Qatar Central Bank (QCB) to establish a branch of the Group at the King Abdullah Financial District in Riyadh, in Saudi Arabia, to conduct reinsurance business, according to a bourse filing lodged with the Qatar Stock Exchange. M