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

Best rates takaful insurer SALAMA


DUBAI, United Arab Emirates— SALAMA Islamic Arab Insurance Co. (P.S.C.) has received a financial strength rating of B++ from A.M. Best Co.

The Dubai-based takaful and retakaful company has "strong risk-adjusted capitalisation, which is supported by very good operating performance," according to Oldwick, N.J.-based Best. Operating performance is likely to remain strong in 2007, the rating agency said in a statement.

SHALAMA, which writes commercial and personal lines business, wrote gross premiums in 2006 of around $180 million and those writings reach $200 million this year, Best noted.

Increasing demand for Shari'ah products means SALAMA has good growth prospects, Best said.