Sunday 22 April 2018
Berkshire Hathaway Specialty Insurance Company (BHSI), an insurance subsidiary of Warren Buffett’s Berkshire Hathaway has announced on February 12, 2018 that it has received its insurance license from the Dubai Financial Services Authority and established an office in the Dubai International Financial Centre (DIFC). The office will serve customers and brokers in the region.
BHSI’s expanded footprint in this region will service those markets in the Middle East and beyond who seek (re)insurance support in the DIFC. The strategic location of Dubai as well as the stability and efficiency of the DIFC make it an ideal hub for BHSI to support economic growth in the region.
BHSI will provide a suite of specialty and commercial (re)insurance products to its network of brokers and ceding companies with a focus on construction, energy, property, marine, casualty and executive and professional lines.