REPRESENTATIVES OF MANDARIN RE LTD. BUSINESS TRIP TO THE GULF COUNTRIES

Tatiana Belova and the Underwriter, Artem Syusyukin travelled for business to Bahrain and UAE visited the leading local insurance companies and brokers. The main purpose was to make personal acquaintance and to introduce Mandarin Re Ltd. as the international reinsurance company.

 The negotiations between the reinsurance business handlers and the executives of the companies, that shows a high level of confidence in Mandarin Re Ltd. During the meetings, the negotiations were to find ways to expand business borders for mutual co-operation and establishing a partnership.

 The incoming business from this region accounted for 19% of the total business portfolio of Mandarin Re Ltd. by end of 2018. It is considered that this rate will increase in the near future, due to the reinsurance industry in the Eastern Bay countries is characterized by a good growth rate and requires more capacity.

 

Tatiana Belova believes that such business trip was highly useful to develop Mandarin Re Ltd. and mostly to have personal contact to help our partners to establish a partnership, based on mutual trust