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Islamic Finance Briefing - Categorized | Emerging Trends, Insurance (Takaful) more

Kingdom insurers largest Shariah-compliant sector

Posted on 22 September 2011

The continuing expansion of the Saudi economy should underpin the steady growth of the insurance sector. However, the main catalyst for growth in recent years - the rise of compulsory health insurance remains miniscule, the “Saudi Arabia Insurance Report Q3 2011” said.
Of the G20 economies, few have experienced growth in their insurance sectors that could match that of Saudi Arabia between 2005 and 2010. Life premiums have soared from SR193 million to SR1.40 billion……………………………………….Full Article: Source

 
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