26.09.2012 - S&P says takaful growth prospects are diverging
Takaful is most prevalent in the Gulf Cooperation Council (GCC) region and southeast Asia, but the sector has developed quite differently in these regions. The business lines that predominate in these two regions are distinctly different, as are the sources of growth and the investment models. Within this global growth pattern, we expect the GCC will to continue to significantly grow faster than local and global conventional insurance, while southeast Asia is likely to see constrained growth due to tightening regulatory requirements in Malaysia, its largest market...............................................Full Article: Source
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