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Qatar Reinsurance Limited Authorizes Banks to Issue
Subordinated Bond
February 26, 2017
Qatar Insurance Company announced the approval of its Board of
Directors, in principle,
the recommendation of the company’s Policies and
Regulations Committee to allow its subsidiary Qatar Reinsurance which follows
QIC Capital, to issue Tier 2 Capital subject to the approvals of
the appropriate regulatory authorities and meeting the
procedures and requirements. Issuance timing is subject to
market conditions.
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