The Turkish Islamic finance industry is projected to reach USD100 billion over the next few years after c...
Nigeria: Noor Takaful shares surplus with policyholders
Noor Takaful Insurance, the pioneer composite takaful company in Nigeria, has distributed a total of NGN109.85m ($265,000) as surplus...
Noor Takaful Insurance, the pioneer composite takaful company in Nigeria, has distributed a total of NGN109.85m ($265,000) as surplus...
Article / 2 years ago
Malaysian insurers expedite claims settlement amid flash floods - Insurance Business
Extreme rainfall described as a "one-in-100-year" event...
Extreme rainfall described as a "one-in-100-year" event...
insurancebusinessmag.com /
Article / 2 years ago
GCC: Takaful insurers face rising claims amid stiff competition, declining 1H profits
The profits of the Islamic insurance (takaful) providers in the Gulf Cooperation Council (GCC) countries deteriorated...
The profits of the Islamic insurance (takaful) providers in the Gulf Cooperation Council (GCC) countries deteriorated...
Article / 3 years ago
Malaysia: Regulator recognises need to improve motor claims process
Bank Negara Malaysia (BNM) has raised the issue of the need to improve the motor claims process, and has suggested ways to amerliorate the process...
Bank Negara Malaysia (BNM) has raised the issue of the need to improve the motor claims process, and has suggested ways to amerliorate the process...
Article / 4 years ago
Annual Insurance Review 2020: Middle East and Africa Claims Trends
In this chapter of our Annual Insurance Review 2020, we look at the main developments in 2019 and expected issues in 2020 in the Middle East and Africa...
In this chapter of our Annual Insurance Review 2020, we look at the main developments in 2019 and expected issues in 2020 in the Middle East and Africa...
Article / 4 years ago
UAE: Insurance Authority says it scrutinies loss making insurers
The UAE Insurance Authority (IA) has said it is closely monitoring all insurance companies operating in the country, especially those that have posted financial losses...
The UAE Insurance Authority (IA) has said it is closely monitoring all insurance companies operating in the country, especially those that have posted financial losses...
Article / 4 years ago
Egypt: Takaful firms narrow 1H technical loss rate
The technical loss rate of takaful companies in Egypt decreased by 9.5 percentage points in the first half of this year to 14.8%, compared to 24.3% for the corresponding half of last year...
The technical loss rate of takaful companies in Egypt decreased by 9.5 percentage points in the first half of this year to 14.8%, compared to 24.3% for the corresponding half of last year...
Article / 5 years ago
Egypt: Takaful business surges ahead of conventional insurance
Contributions collected by Egyptian takaful insurance companies surged by 141% year-on-year during the first half of the year, said the Financial Regulatory Authority (FRA)...
Contributions collected by Egyptian takaful insurance companies surged by 141% year-on-year during the first half of the year, said the Financial Regulatory Authority (FRA)...
Article / 5 years ago