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In "BUSINESS"
April 02, 2019
ADFD assists AED16.5b business deals for UAE companies in 10 years
April 01, 2019
Saudi Aramco world’s most profitable firm
April 01, 2019
CMAs earn 55% more in compensation
April 01, 2019
Bank Albilad in partnership with National Housing
April 01, 2019
Eagle Hills partners with National Bank of Fujairah to offer mortgage solutions
April 01, 2019
STCS to utilize Trend Micro products under its cloud offerings
JEDDAH — Global demand for Islamic insurance, also know as takaful, is growing, helping premiums to rise and supporting profitability, Moody’s Investors Service says in a report published Monday.“We expect premiums to keep growing moderately in the next 2-3 years, and the industry will benefit from improved regulation,” said Mohammed Ali Londe, AVP-Analyst at Moody’s. “Takaful insurers’ profitability should stabilize in 2018 and 2019 after falling in 2017 due to discounting in Gulf Cooperation Council countries and rising claims in Southeast Asia.”Globally, gross takaful premiums, or contributions, increased at a compound annual rate of 9% between 2014 and 2017.In the GCC region, Southeast Asia and Africa, demand will continue to be bolstered by the widening of compulsory...
April 01, 2019
Islamic insurance demand prompts higher premiums
April 01, 2019
Pakistan consulate holds biryani rice tasting event
April 01, 2019
Aramco establishes Global Medium Term Note Program
April 01, 2019
RTA renews
maintenance
contract of
Serco Group
