Reinsurance Broking · MGA · Advisory

A reinsurance broker
for complex risk.

PEX Re is an independent reinsurance intermediary based in DIFC, working with insurers, reinsurers and MGAs across the GCC, Africa and South Asia.

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Years across GCC & international markets
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Sector specialisms covered
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Integrated capabilities, one mandate
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Licensed by the DFSA

Most of the risk we place doesn't sit neatly in one box. That's why PEX Re works across placement, delegated underwriting and portfolio strategy, rather than passing clients between separate desks for each.

DIFC Advantage

At the centre of the MEASA risk corridor.

Dubai sits between established reinsurance capital and fast-growing demand across the Middle East, Africa and South Asia. Being inside DIFC, under English common law and DFSA regulation, makes that an easier conversation for counterparties who'd otherwise be wary of an unfamiliar jurisdiction.

$4.2bn
DIFC 2025 insurance & reinsurance GWP
Sector Expertise

Sectors we place risk in regularly.

View all sector expertise

Life & Health

Medical & A&H

Property

Casualty & Motor

Marine, Energy & Aviation

Financial Lines & Cyber

Our Approach

How we actually work.

It's a fairly plain four-stage method, and we don't skip steps under deadline pressure — that's usually where placements start to go wrong.

See how we work
01

Diagnose

What's the objective, what's the exposure, and what does success actually look like.

02

Design

Model a few structures, stress-test the economics, and put together something the market can respond to.

03

Access

Match the appetite to capital, and go in with more than one option on the table.

04

Steward

Stay on the file through documentation, claims and renewal. Most brokers disappear after signing; we don't.

Leadership

Run by practitioners, not relationship managers.

Jonathan Abishek

Jonathan Abishek

SEO and Managing Director

12+ years in insurance and reinsurance, across underwriting, broking and executive roles in the GCC and internationally. The wider team has worked the insurer side, the broker side and the underwriting-platform side, which tends to make for more realistic advice.

Meet the firm
Market Perspectives

Thinking beyond the renewal.

Explore insights
Capital Solutions

Reinsurance as a corporate finance instrument

How risk transfer can smooth earnings volatility and free up capital, without losing sight of the underwriting fundamentals.

Health · Portfolio Protection

Designing medical stop-loss for growth markets

Getting the attachment points and claims governance right for a book that's growing faster than its own reporting.

Delegated Authority

What capacity providers expect from a modern MGA

Underwriting and reporting that can prove control at portfolio level, not just when the deal is first signed.

Bring us the risk. We'll bring the structure.

Tell us the class of business, the territory and the capacity you're after. We usually come back with something workable within a few days.