Qatar Insurance Services – the Qatar Financial Centre-based owner of Qatarlyst – has acquired London-based RI3K, a privately-held web-based insurance and reinsurance trading platform.
The acquisition will not only accelerate the development of the QFC as a leading hub for reinsurance in the GCC region but also expand Qatarlyst’s international reach to London and beyond as well as enables its foray into other regional markets such as South East Asia.