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Dubai is a major player in the world gold market. Several refiners are present in the city in addition to major importers and import/re-exporters of both bullion and scrap gold.

In addition to trade in the physical metal, Dubai boasts by far the largest concentration of Jewellers in the wider Middle East region who encompass both wholesale and retailers of gold and diamond jewellery, other gem dealers, and jewellery manufacturing units.

PWS Gulf has long been a significant regional player in both the Jewellers insurance and reinsurance market as well as being able to offer special coverages to melting and casting and refining facilities. In addition PWS Gulf has certain clients based in Africa who ship gold to Switzerland, London, and Dubai.

The placement of risks in the Jewellery industry is facilitated through the use of the PWS Gulf’s in house binding authority arrangements. This enables a quick response time on quotations for stock, local and International Transits, Entrustments, Exhibitions, and Fidelity risks. Please note a proposal form is always required prior to quoting/binding.

 

Fanny D’souza
Nisha Reeba Thomas

Tel: +971 4 3552434
Fax: +971 4 3583939

Email: fanny@pwsgulf.com
Email: nisha@pwsgulf.com