Gibbons: Qatar Re making big contribution’
Grant Gibbons, the Minister of Economic Development, rose in the House of Assembly to congratulate Qatar Re on its new offices at Belvedere Place, telling MPs the firm was “the exact kind of reinsurance entity we need in Bermuda”.
He said the firm started in November 2015 with three staff and over 18 months that complement grew to 18 staff, about half of whom are Bermudian, Dr Gibbons said.
Qatar Re represents “another international company which is making a big contribution to Bermuda and reinforcing our insurance product”, he added.
Michael Dunkley, the Premier, spoke in agreement, saying Qatar Re “shows the progress we are making” after he had cut the ribbon at the business.
“They have fitted it out for 19, and it will probably get over 20,” Mr Dunkley said.
“It is very clear to me that the staff enjoy their environment. The Bermudians there are really fitting in well.”
Mr Dunkley praised “the confidence displayed by the CEO and his team in Bermuda”.
Kimathi lawyer pays price for poor conduct
Simmons defiant over gaming
‘Bermuda calling’ marketing ploy a big hit
Families tackle road deaths
Residents want quick fix of farm smells
Get fashionably fit? No sweat
New recipe for Codfish tale
Cement truck overturns on South Road
Rabain reveals plan for schools
Smith to take over from Hayward at BEST
Island risking moral bankruptcy
CedarBridge celebrates 20 years
Dan is running round the world
Views make this jewel stand out
A valuable lesson in the art of asking
Take Our Poll