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Bermuda life insurer granted licence in Dubai

Written by Adam Cadle
06/06/2025

Transamerica Life Bermuda has been granted a licence by the Dubai Financial Services Authority to establish a presence in Dubai International Financial Centre.

Transamerica Life Bermuda brings significant experience in large sums assured and managing complex customer scenarios to the Middle East.

Adnan Ladki has been appointed as head of DIFC for Transamerica Life Bermuda and will work closely with the leadership team to advance the company’s ambitions for the region.

Kristine Ung, chief executive officer, stated: “Our entry into the DIFC marks a significant milestone in our global growth strategy. Securing this licence will allow us to support our distribution partners in the Middle East, which is becoming a vital international financial and wealth management hub.”


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