BNP Paribas is acquiring Fosun Group's 9% shareholding in Belgian insurer Ageas for around €730 million.....
National church insurer hits back as ex-VP mounts takeover bid, plans Islamic insurance launch
We are "financially strong" and "not for sale," Church Mutual insists...
We are "financially strong" and "not for sale," Church Mutual insists...
Article / 1 day ago
FWD Group achieves majority ownership in FWD Takaful Berhad
By Roxanne Libatique FWD Group Holdings Limited has successfully completed an acquisition of an additional 21% share in FWD Takaful Berhad, elevating its total...
By Roxanne Libatique FWD Group Holdings Limited has successfully completed an acquisition of an additional 21% share in FWD Takaful Berhad, elevating its total...
Article / 1 month ago
Indonesia: Several insurers say they are ready to spin off takaful units
Asuransi Tugu Pratama Indonesia (Tugu Insurance) is currently considering spinning off its Shariah Business Unit (UUS) in 2024.
Asuransi Tugu Pratama Indonesia (Tugu Insurance) is currently considering spinning off its Shariah Business Unit (UUS) in 2024.
Article / 8 months ago
UAE: Largest takaful company to acquire AMAN's insurance portfolio
Dubai-listed Islamic Arab Insurance Company (SALAMA) has announced that it will acquire the insurance portfolio of Dubai Islamic Insurance and Reinsurance Company (AMAN)...
Dubai-listed Islamic Arab Insurance Company (SALAMA) has announced that it will acquire the insurance portfolio of Dubai Islamic Insurance and Reinsurance Company (AMAN)...
Article / 1 year ago
Salama eyes $272mln gross written contributions with AMAN acquisition
Islamic insurer confirms that acquisition of part of AMAN will go ahead in Q1 2023
Islamic insurer confirms that acquisition of part of AMAN will go ahead in Q1 2023
zawya.com /
Article / 1 year ago
UAE: SALAMA in M&A deal to become among world's 5 biggest Islamic insurers
Dubai-listed Islamic Arab Insurance Company "SALAMA" -- the largest takaful insurance company in the UAE -- yesterday announced that it had received initial approval from the regulatory authorities to merge with Takaful Emarat.
Dubai-listed Islamic Arab Insurance Company "SALAMA" -- the largest takaful insurance company in the UAE -- yesterday announced that it had received initial approval from the regulatory authorities to merge with Takaful Emarat.
Article / 2 years ago
Saudi Arabia: Central Bank approves merger between SABB Takaful and Walaa Insurance
The Saudi Central Bank has approved the merger of SABB Takaful and Walaa Insurance, according to statements lodged by the two companies with Tadawul...
The Saudi Central Bank has approved the merger of SABB Takaful and Walaa Insurance, according to statements lodged by the two companies with Tadawul...
Article / 2 years ago
UAE: Largest takaful company arising from Dar Al Takaful-Watania merger starts trading
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Article / 2 years ago
UAE: Shareholders of 2 major takaful companies vote 'Yes" to merger to create giant Islamic insurer
Shareholders of two of the UAE's largest Islamic insurance companies, Dubai-based Dar Al Takaful (DAT) and Abu Dhabi-based Watania, have voted in favour...
Shareholders of two of the UAE's largest Islamic insurance companies, Dubai-based Dar Al Takaful (DAT) and Abu Dhabi-based Watania, have voted in favour...
Article / 2 years ago
Saudi Arabia: One insurance merger succeeds; another merger bid fails
Saudi Arabian insurer AlAhli Takaful Company has announced that its proposed merger with Arabian Shield Cooperative Insurance Company is effective after no objections were raised by creditors by the set deadline...
Saudi Arabian insurer AlAhli Takaful Company has announced that its proposed merger with Arabian Shield Cooperative Insurance Company is effective after no objections were raised by creditors by the set deadline...
Article / 2 years ago
