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Takaful premium rose 19 pct to $8.3bln led by GCC countries

Posted on 19 April 2012

The global Takaful contributions grew by 19 per cent to $8.3 billion in 2010 and of these, the Gulf Cooperation Council (GCC) contributed $5.68 billion and South East Asia contributions were $2 billion, according to the 5th edition of Ernst & Young’s World Takaful Report 2012 report.
In 2010, growth in the GCC slowed to 16 per cent, from a compounded annual growth rate (CAGR) of 41 per cent in 2005-2009, as the implementation of compulsory medical Takaful in Abu Dhabi and Saudi Arabia was completed earlier………………………………………..Full Article: Source

 
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