About us

Partners in Risk Sharing
About us admin February 6, 2020
A Trusted Reinsurance Partner, Backed by the Financial Strength of QIC

Who We Are

QIC (DIFC) Limited is a wholly owned subsidiary of QIC Doha, Qatar, registered in the Dubai International Financial Centre (DIFC). Authorized and regulated by the Dubai Financial Services Authority (DFSA), QIC DIFC operates as an Insurance Management Agent, writing reinsurance business exclusively for and on behalf of QIC Doha, Qatar.

Established in 1964, QIC is the largest insurance group in the Middle East and North Africa in terms of total assets. As of Q3 2025, QIC total assets stand at approx USD 7.4 billion, shareholders’ equity of USD 3.05 billion, and Gross Written Premiums of USD 2.17 billion.

Our Objective

To grow as a major regional capacity provider for global risks by building long-term, trusted, resilient, and credible partnerships.
Geographical Scope
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Middle East

Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, United Arab Emirates, Yemen and Iraq

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Asia

Afghanistan, Bangladesh, Bhutan, Brunei, Cambodia, China, Fiji, Hong Kong, Special Administrative region of the People’s Republic of China, Macao Special Administrative Region of the People’s Republic of China, Taiwan, India including its islands, Indonesia, Kazakhstan, South Korea, Kyrgyzstan, Laos People’s Democratic Republic, Malaysia, Maldives, Mongolia, Federal Democratic Republic of Nepal, Pakistan, Papua New Guinea, Philippines, Singapore, Sri Lanka, Tajikistan, Thailand, Democratic Republic of Timor-Leste, Turkmenistan, Uzbekistan, Vietnam, British Indian Ocean Territory, Territory of Christmas Island, Territory of the Cocos.

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Central Eastern Europe (CEE)

Albania, Armenia, Azerbaijan, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Georgia, Greece, Kazakhstan, Kosovo, Lativa, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey and Cyprus.

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Excluded Regions/Countries

The whole of North and South American continents, Australia, New Zealand, Japan & Sanctioned countries

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Africa

Whole of African continent including Madagascar and Mauritius, Reunion

QIC Group
Global Footprint

QIC | QIC UAE | QIC OMAN | QIC KUWAIT | QIC Asset Management | QIC Islamic Asset Management | Anoud Technologies | QICR | Antares Re | Antares (Lloyds of London) | QIC Europe | West Bay Insurance

International Presence

1964

Since

Proven legacy

2

Million+

Clients in GCC

AAA

Rating

Top ESG rating

Coverage
USD 10 Million
  • Single Project Professional Indemnity (SPPI)
  • Annual Professional Indemnity
  • Comprehensive General Liability
  • Construction Third Party Liability
USD 5 Million (XOL Basis)
  • Directors & Officers Liability
  • Bankers Blanket Bond
  • Financial Institutions Professional Indemnity
  • Commercial Crime Insurance

Lead terms available for:

  • Single Project Professional Indemnity
  • Annual Professional Indemnity
  • (Policy limit not exceeding USD 25 Million)

  • Product guarantee / recall
  • Medical malpractice
  • Event cancellation
  • Pharmaceuticals
  • Tour operators and event managers
Detailed appetite for each line is available upon request.

Contact:

Name
Designation
Email: xxx
Phone: +974 xxx
Coverage
  • Fire & Allied Perils
  • Hotel Comprehensive
  • Property All Risks / Business Interruption (including MBD & MLOP)
  • Civil Engineering Completed Risks (CECR)
  • Comprehensive Machinery Insurance (CMI)
Capacity:
  • Property: USD 35 Million (PML basis)
  • Political Violence: USD 25 Million

Preferred Risks

  • Commercial buildings including hotels
  • Hospitals and pharmaceuticals (excluding bulk)
  • Telecommunications
  • Heavy industries including steel and aluminium plants (including smelters)
  • Manufacturing plants such as:
    • Automobile
    • Cables and cans
    • Cement plants
  • Power plants:
    • Conventional (including coal-fired)
    • Renewables (including hydro)
    • Nuclear power plants (civilian purposes only)
  • Harbours and airports
  • High-hazard manufacturing and storage risks including:
    • Chemical
    • Plastic
    • Paper and pulp
    • Wood
    • Carpets
    • Rubber
  • Vehicle / automobile risks in open areas
  • ACP above 20%
  • Standalone warehouses
  • Garment and textile factories
  • Furniture manufacturing
  • Leather and shoe factories
  • Underground mining
Coverage
  • Construction All Risks (CAR)
  • Erection All Risks (EAR)
  • Contractors’ Plant & Equipment (CPE/M)
  • Machinery Breakdown (MBD)
  • Electronic Equipment Insurance (EEI)
  • Packaged policies

Capacity
USD 35 Million (PML basis)

Preferred Risks

  • Projects with contract value over USD 100 million
  • Heavy engineering risks, such as:
    • Refineries
    • Petrochemical plants
    • Power plants
    • Desalination plants
    • Manufacturing plants
  • Infrastructure projects, including:
    • Roads
    • Tunnels
    • Metro construction
    • Ports
  • Offshore construction
  • Prototype risks
  • Decennial liability
Meet The Team
Key Contacts
Mohamed Veera
Head of Department - Property & Political Violence
Stephen Joseph
Head of Department - Engineering & Casualty
Manish Singh
Sr. Underwriter - Engineering & Casualty
Ivin Varghese
Sr. Underwriter - Property & Political Violence
Danish Akhtar
Sr. Underwriter - Property & Political Violence

Contact Us

Let's get in touch with us



    residential
    QIC (DIFC) Limited

    Emirates Financial Towers
    North Tower, 20th Floor, Office N2002
    Dubai International Financial Centre (DIFC), Dubai, United Arab Emirates

    Authorized and Regulated by the DFSA
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