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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

Zurich interested in takaful

Posted on 31 August 2012

Zurich Financial Group Ltd (Zurich), Switzerland’s biggest insurer, has not ruled out venturing into the takaful business in Malaysia. “If an opportunity arises in Malaysia, then we will definitely consider it,” said Chee Cheong, chief executive officer of Zurich Insurance Malaysia Bhd, the local insurance arm of the Swiss insurance giant.
He said from a strategic view point, a takaful arm “gives an added bench strength and access” to the lucrative market. “I think it (takaful) would actually make us strategically a lot stronger and yes, we are interested to get into the takaful market,” he said……………………………………….Full Article: Source

 
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