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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

GCC insurance facing shortage of skilled manpower

Posted on 11 May 2009

From Zawya.com: Growing numbers of Islamic insurance (Takaful) companies and the entry of multinational insurers and brokers in the region’s insurance sector has increased poaching for qualified staff, said an insurance expert.

Farid Lutfi, General Secretary of the Emirates Insurance Association, said while the phenomenon was common in many GCC countries, it was especially rampant in Saudi Arabia, Kuwait, Qatar and the UAE, where many new players are entering the market…….Full Article: Source

 
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