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

Insurance sector to consolidate in 2010: lawyers

Posted on 19 February 2010

From Reuters: The Gulf Arab region insurance industry, both conventional and Islamic, will see “significant” deals between firms during the next 18 months as they consolidate to tap huge growth potential, lawyers said on Thursday.

“They will be significant in terms of jurisdiction and in terms of names,” Peter Hodgins, partner at international law firm Clyde & Co, told the Reuters Islamic Banking and Finance Summit in Dubai, adding two or three deals in 2010 would be significant…………………………………..Full Article: Source

 
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