Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Takaful insurers need to consolidate to improve market: A.M. Best

Reprints

A report by U.S.-based ratings agency A.M. Best Co. Inc. said that takaful insurers in the Middle East region have struggled to remain profitable and need to consolidate further to increase market access, CPI Financial reported. The report said that conventional insurers dominate the Middle East markets while takaful insurers face increased competition due to the large number of players. Additionally, lack of capacity has hindered takaful insurers from expanding their operations to new markets.

Read more.