Takaful insurance remains promising

Saleh J. Malaikah, Best Re’s chairman and Salama’s CEO, said that the takaful insurance would continue its development despite the turmoil affecting the Arab countries. Up by 31% in 2009 and 32% in 2010, the overall premiums volume generated by this activity is around 9.2 billion USD in 2010.
The 2011 premiums estimates amounted to 12 billion USD. The Gulf and Southeast Asia stand as the two drivers of takaful insurance with a growth of 67% in Indonesia and 30% in Malaysia.