Tuesday 19 March 2024
 
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Takaful

Goldilocks buys stake in Takaful Emarat - Insurance

Goldilocks Investment Company Limited today announced that it has acquired a 29.49 per cent stake in Takaful Emarat - Insurance.   This is Goldilocks’ second recent acquisition in the insurance sector. 

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Breaking the reliance on the Qard’ Hasan

As competitive market conditions create significant underwriting losses in the (re)takaful sector, many operators based in the Mena region have become dependent on the Qard’ Hasan, according to a new briefing by A.M. Best. H

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Solidarity Bahrain posts BD1.16 m net profit

Solidarity Bahrain, one of the largest insurance companies in the kingdom and a subsidiary of Solidarity Group Holding, has announced a net profit of BD1.16 million ($3.07 million) for the six month period ended June 30, 2018, compared to BD89

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Solidarity Bahrain names new board members

  Solidarity Bahrain, one of the largest takaful groups in the world, has unveiled the new company board following the merger of its subsidiaries - Solidarity General Takaful and Al Ahlia Insurance Company.  

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Solidarity General Takaful, Al Ahlia Insurance merger complete

Solidarity Group Holding, the largest Takaful Group in the world, has announced the successful completion of the merger between its two Bahrain based subsidiaries Solidarity General Takaful and Al Ahlia Insurance Company.  

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Watania back in the black in Q2

UAE-based National Takaful Company (Watania) has posted total profits of Dh2.7 million ($735,000) for the second quarter of the year as against a deficit Dh1.5 million a year before, marking a growth rate of 272 per cent. Ali Bin

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Abu Dhabi National Takaful's Abdeen among 'top CEOs'

Osama Abdel-Raouf Abdeen, CEO of Abu Dhabi National Takaful Co (ADNTC), a leading Takaful operator in the GCC, has been named among the GCC’s 100 Best CEOs at the Top CEO Awards for 2017 organised by Mediaquest. The elite ro

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Dubai Takaful summit draws over 350 top leaders

More than 350 leading industry leaders from across the Middle East, North Africa and South Asia (Menasa) region are taking part in the 12th edition of the World Takaful Conference (WTC) being held in Dubai, UAE. The two-day event

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New report to provide insight into Takaful sector

A groundbreaking report that will provide Takaful practitioners with invaluable strategic insights critical to success will be launched this week at the 12th annual World Takaful Conference (WTC) in Dubai. Milliman, one of the wor

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Bahrain gears up for top Takaful event

Leading players from the regional insurance and Takaful industry will be in Bahrain for the 13th Annual Middle East Insurance Forum (MEIF 2017), which opens in capital Manama next month. Held under the patronage of the Central Ban

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