Login Register Subscribe
Current Issue

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”.

Islamic trade finance boosting GCC sharia-compliant reinsurance demand, says insurer

Reprints

Trade credit insurer Euler Hermes S.A. has said the demand for sharia-compliant reinsurance in the Gulf Cooperation Council region is increasing as Islamic trade finance in the region expands, Reuters reported.

Sharia-compliant trade credit insurance currently makes up around 10% of the insurer's overall GCC operations but regional CEO Massimo Falcioni said he "wouldn't be surprised if it was 40% of total business eventually" as there is "a lot of potential," Reuters reported.

Read more