Takaful premiums to triple
The global Islamic insurance market is growing by about 20 per cent a year and gross premiums are set to more than triple by 2015, according to new research by Moody's Investors Service. The rating agency forecasts that global takaful premiums will reach $7,000 million by 2015, compared with about $2,000 million at the end of 2005.
The global Islamic insurance market is growing by about 20 per cent a year and gross premiums are set to more than triple by 2015, according to new research by Moody's Investors Service. The rating agency forecasts that global takaful premiums will reach $7,000 million by 2015, compared with about $2,000 million at the end of 2005.
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