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

Kuwait- Insured strength the best policy

Posted on 11 June 2009

From Menafn.com: Kuwait’s insurance sector, along with much of the country’s economy, looks set for a period of consolidation, with larger and more diverse operators best placed to weather the downturn in the local market.

From late April to mid-May, Kuwait’s insurance firms lodged their first-quarter results with the Kuwait Stock Exchange (KSE), with most recording sharp falls in profits compared to the same period in 2008 and some posting losses as the global economic crisis continued to affect the sector……..Full Article: Source

 
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