Industry Segments: Takaful Page 5 / 5
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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.
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- May 16 2015
Takaful Malaysia confirms small exposure in troubled 1MDB
Invested in the troubled state-owned 1Malaysia Development Berhad (1MDB) via an Islamic Bond in 2009.
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- May 4 2015
After lacklustre 2014, UAE’s listed insurers set for strong recovery
The country's insurance market set to expand by 10% this year.
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- April 20 2015
Lloyd’s of London eyes Islamic insurance market
Malaysia, Saudi Arabia and United Arab Emirates targeted for takaful.
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- April 16 2015
PineBridge to launch retakaful firm in Dubai
Sources say the firm is currently in discussions with regulators in Dubai over licensing.
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- April 13 2015
Malaysia, Saudi Arabia to lead premium growth of global takaful sector
A report by AM Best sees significant opportunities for takaful operators but challenges remain.
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- April 9 2015
Bahrain’s largest insurer ups stake in Takaful International
Raises stake to 40.9% making it largest shareholder.
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- April 8 2015
Islamic insurance leaders to meet in Dubai to discuss challenges
Takaful industry facing a number of challenges as well as increasing appetite for shariah-compliant products.
