From Insurancenewsnet.com: Bahrain-listed Takaful International Co said it has signed an agreement with Hannover Retakaful to increase its family takaful insurance coverage up to US$5 million per individual, aiming to improve its insurance services and portfolio expansions.

Takaful International’s chief executive officer, Younis J. Al Sayed, said in a statement that the agreement would give the company higher capacity, especially in family takaful, which provides protection to individuals including savings schemes, children’s education schemes, personal loan protection and individual income protection………………………………..Full Article: Source