Showing posts with label am best. Show all posts
Showing posts with label am best. Show all posts

Wednesday, December 07, 2011

INDONESIA - TAKAFUL - Investment-Linked Products a Growing Trend in Family Takaful

insurancenewsnet.com  - Family takaful, or Islam-compliant insurance, could spark potential growth for investment-linked products in Malaysia and Indonesia.
Takaful market opportunities, especially in the investment-linked class, are substantial, given the low penetration, rising income, growing population and knowledge in this sector, said Azim Mithani, chief executive officer of Prudential BSN Takaful Bhd., the U.K.-based Prudential's Malaysian takaful venture, with 49% of shares.  (source)

Tuesday, July 12, 2011

WORLD - REPORTS - AM BEST Special Sector Report : Takaful Poised for Growth, But Greater Focus is Required (July 2011)

Takaful operators in the Gulf Cooperation Council (GCC) and Malaysia are growing at a rapid pace and are enjoying strong capitalisation on a consolidated funds basis.

A.M. Best Co.’s research compares the performance of takaful operators to those of conventional insurers in the same markets.

Download here

Thursday, February 24, 2011

INSURANCE - TAKAFUL - A.M. Best Affirms Ratings of PT Asuransi Jasa Indonesia (Persero) (also takaful unit)

HONG KONG, FEBRUARY 23, 2011

A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb" of PT Asuransi Jasa Indonesia (Persero) (Jasindo) (Indonesia). The outlook for both ratings is stable. (source)