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 From Editor - in - Chief  
 Country profile - Kuwait: In search of better prospects 
 Market Profile - Takaful: Changes afoot in world’s largest Muslim market 
 Cover story: Oil & gas - Energy underwriting through a global recession 
  Table of Contents  
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Takaful
 
  1.  Reality check on takaful reaffirms its entrenched position
    Takaful is increasing its penetration and growing strongly in the world including in the non-Muslim markets of the world though it still faces several uphill challenges, said the speakers at the 5th Asian Takaful Conference in Singapore which took a reality check on the growth of takaful as a dynamic force.
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  2.  Malaysia: STM eyes $6m contributions from new products
    Syarikat Takaful Malaysia (STM) hopes to rake in at least RM20 million (US$6 million) in contributions in a year with the launch of three new savings and investment related products, according to Managing Director Datuk Mohamed Hassan Kamil at the recent launch.
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  3.  Saudi Arabia: Solidarity to launch IPO later this month
    Solidarity Saudi Takaful Company is to offer 22.2 million shares in an initial public offering (IPO) later this month, according to several news reports citing the company's Chairman Prince Khalid bin Talal bin Abdulaziz Al Saud.
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Middle East
 
  1.  Lebanon: Non-life premiums grew 22% to $720 mln in 2009
    Lebanese insurers generated total non-life premiums of US$720 million last year, compared to $590.5 million in 2008.
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  2.  UAE: Insure Direct inks agreement with Lloyd & Co
    Dubai-based Insure Direct, a provider of insurance broking services, has enhanced its operations in Abu Dhabi after finalising a management service agreement with insurance broker Lloyd & Co (Emirates) based there.
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  3.  UAE: ADNIC's gross premium reached US$370 bln in 2009
    Abu Dhabi National Insurance Co's (ADNIC) gross written premium grew from AED1.36 billion (US$370.3 million) in 2008 to AED1.55 billion last year, due to its expanding customer product suite and distribution network.
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MIR Conferences
Last Updated on, 12 Mar 2010
Date Conference Location
23 - 25 Mar 2010 10th CEO Insurance Summit in Asia Singapore
4 - 5 May 2010 11th Asian Conference on Bancassurance & Alternative Distribution Channels Mumbai, India
6 - 7 May 2010 3rd Asian Life Insurance Summit Mumbai, India
24 - 26 May 2010 4th Asian Insurance CFO Summit Singapore
1 - 2 Jun 2010 3rd Middle East Conference on Bancassurance & Alternative Distribution Channels Dubai, UAE
 

 

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