Industry Segments: Takaful Page 4 / 5
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- April 29 2016
A window of growth in Malaysia’s Islamic market
Demand in Asia’s biggest takaful market is growing at multiples of the conventional industry.
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- April 29 2016
Zurich to take over Malaysia’s MAA Takaful
The deal proposed in November 2015 has won regulatory approval from the country’s central bank.
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- April 13 2016
Global Islamic insurance remains underdeveloped
Islamic finance industry specialists say takaful needs to address challenges despite double-digit growth last year.
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- April 12 2016
Malaysian takaful firms outperform Mid-East counterparts
The country's Islamic players are earning significant profits thanks to lower loss ratios.
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- April 4 2016
Malaysia’s insurance, takaful sectors expect only moderate growth
Uncertainties in the financial markets and a challenging landscape seen as factors
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- February 19 2016
Indonesia’s takaful accounts for 6.2% of insurance market
Sharia insurance products now account for 6.2% of the country's market by gross written premiums.
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- January 29 2016
Malaysia’s first takaful firm posts double-digit profit rise
The growth was attributed to higher sales from both family and general takaful businesses.
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- January 7 2016
Fitch forecasts growth for Malaysia’s takaful sector
After strong growth in 2015, the momentum will continue thanks to demographics and government support.
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- December 15 2015
Lloyd’s registers first Malaysian reinsurer
AFR Asia Pacific becomes one of only 219 Lloyd’s registered brokers across the world.
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- December 4 2015
Fitch says Malaysia’s insurance sector to remain stable
Malaysia's insurance and takaful sector remain strongly capitalised, supporting premium growth.
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- November 25 2015
Malaysia’s AmGeneral mulls takaful expansion
AmBank chairman Azman Hashim says the group's insurance unit is looking into a takaful licence.
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- November 5 2015
Malaysia’s takaful growth outperforms conventional insurers
Demographics and low penetration show the potential of takaful has yet to be fully achieved.
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- October 9 2015
Malaysia pushes for market-driven insurance pricing
Motor and fire insurance sectors need to be restructured, says the country's central bank.
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- September 28 2015
Allianz Life sees market need for takaful solutions
The company would like to start offering Islamic products to customers in Malaysia.
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- July 24 2015
Arig negotiating buyout of Takaful Re
Bahrain-headquartered Arab Insurance Group plans to take full control of loss-making Takaful Re.
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- July 2 2015
Malaysia’s Islamic insurance premiums to grow 18.2% annually
Takaful projected to reach a market share of 18% of total insurance premiums by 2019, from 10% in 2013.
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- June 30 2015
Malaysia’s Takaful Ikhlas plans overseas venture by 2020
The KL-based Islamic financial protection provider is planning to venture abroad by 2020.
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- June 22 2015
Malaysia’s Islamic insurers investing more in technology
Takaful operators plan to double the number of Islamic insurance policyholders in five years.
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- June 18 2015
Zurich Insurance to acquire 75% stake in MAA Takaful
Deal subject to approval by Bank Negara and the minister of finance.
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- May 27 2015
Malaysia’s AmMetLife Takaful names new CEO
Mohamad Salihuddin Ahmad tasked with enhancing the group's takaful value proposition to customers.
