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Jul 2019

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Malaysia: Allied World launches retakaful window

Source: Middle East Insurance Review | Jul 2019

Global insurer and reinsurer Allied World Assurance Company Holdings GmbH has announced the establishment of a retakaful window by the Labuan branch of Allied World Assurance Company. 
 
The window will cater to both consumer and commercial general retakaful opportunities spanning property, casualty, construction & engineering, professional lines, healthcare liability, marine cargo and group personal accident. 
 
Labuan branch vice president, country manager & principal officer Ramesh Sivanathan said, “We are excited to be supporting Malaysia’s ambition to become a respected international Islamic insurance hub, and look forward to supporting this fast-growing segment of the Malaysian market.” M 
 
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