Q-Re is renamed as Qatar Re

Q-Re, a subsidiary of Qatar Insurance Company, has changed its legal name to Qatar Reinsurance Company and will trade as Qatar Re.

Gunther Saacke, chief executive officer of Qatar Re said: “Over the course of the past 18 months our company has seen a fundamental transformation. We have significantly grown our book of business and established a global franchise with an emphasis on specialty lines. Our branding has to reflect this transition.

“We started off as a regional reinsurer. Going forward, our legal name and trade mark will highlight our roots in Qatar to which we owe one of our key competitive differentiators: an independent capital base, largely uncorrelated with global capital.”