Allied World Assurance Company Holdings Ltd. has officially opened a new office in Dubai International Financial Centre (DIFC), a pivotal move in its strategy to broaden its influence in the Middle East insurance market.
This new office will allow Allied World to deliver tailored insurance offerings to clients and business partners directly, while enhancing collaborations with brokers and addressing the evolving risk management challenges faced by companies in the region.
Ed Moresco, President of Global Markets at Allied World, emphasized the significance of this regional office as a critical point in the company’s global growth trajectory. He remarked that it enhances access for brokers and clients in the Middle East, enabling the company to leverage its international expertise and technical knowledge for local businesses.
This announcement aligns with DIFC's objectives of asserting itself as a leading global hub for insurance and reinsurance. By 2025, gross written premiums in DIFC reached over USD 4.2 billion, marking a 20 percent rise from the prior year and more than doubling the figures from 2022.
Total premiums brokered through this financial center exceeded USD 3.4 billion in 2025, showcasing a 14 percent year-on-year increase and underscoring DIFC’s growing significance in underwriting, risk transfer, and specialized insurance services.
His Excellency Arif Amiri, CEO of DIFC Authority, expressed enthusiasm regarding Allied World’s entrance into DIFC, noting that their global insights and specialized capabilities will cater to the region's expanding risk management demands. This presence further solidifies DIFC's insurance landscape and enhances Dubai's status as a hub for premier global companies.
Currently, DIFC's insurance sector is composed of over 135 firms specializing in various areas, including underwriting and risk transfer solutions. In 2025 and early 2026, the center authorized 28 new insurance-related companies, further asserting its attractiveness for international financial entities.
The inauguration of Allied World’s office in Dubai underscores the firm’s goal to amplify its global presence while contributing to the ongoing development of DIFC as a primary insurance and reinsurance hub catering to both regional and international markets.
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