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

Takaful firms to see more M&A deals

Posted on 13 April 2010

From Maktoob.com: The crowded Islamic insurance industry, which is expected to surpass $8.8 billion in premiums in 2010, will see more consolidations over the next three years as insurers are struggling to be profitable, a report said.

Ernst & Young said on Monday in its annual global report on the Islamic insurance industry, called takaful, many operators in the industry were startups or small players that were finding it hard to make profits in the tough financial environment………………………………..Full Article: Source

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