"Sun Life" You get a license "Dubai Financial Services"
DUBAI, 18 December, 2018 (WAM) – Sun Life, an insurance solutions company for high-net-worth clients, has obtained a license from the Dubai Financial Services Authority, announcing its intention to establish operations and open an office in the Dubai International Financial Centre.
According to a press release issued today, the company expects to begin operations from its office in the center during this December.
Sujoy Ghosh, CEO of the High Net Worth Individuals Services Sector at Sun Life, said: Obtaining the approval of the Dubai Financial Services Authority to join the Dubai International Financial Center contributes to bringing us closer to our partners in the region, and strengthening Sun Life’s position as a global company in the field of insurance services for high net worth individuals.
For his part, His Excellency Arif Amiri, CEO of the Dubai International Financial Center Authority, said: “Sun Life’s decision to join and operate from the Dubai International Financial Center confirms our position as a leading global financial center. There is no doubt that the center’s clarity in laws and regulations, tax efficiency, and modern infrastructure give Sun Life the confidence to expand its regional presence and reach emerging markets from the center. Its global presence and strong financial rating will enable its high-net-worth clients in the region to Securing and developing their wealth.
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