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

Italy’s Generali eyes Islamic insurance venture

Posted on 23 December 2009

From Indiatimes.com: Italian insurance giant Generali is considering a possible joint venture with the Qatar Islamic Bank (QIB) in the high-growth sector of Islamic insurance, or Takaful, Generali said on Tuesday.

Generali chief executive Sergio Balbinot said in a statement that the partnership could create “a leading player for Takaful business in the Gulf” with the potential to expand operations across Europe and Asia…………………………………..Full Article: Source

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