A good return to profitability

Source: Middle East Insurance Review | Apr 2018

UAE takaful operators ended 2017 on a high note with growth in both top and bottom lines. The regulatory reforms introduced over the past three years, including increasing motor insurance prices and expanding range of mandatory medial insurance, have started to pay off as most operators’ business concentrate in these two classes. Going forward, can the takaful operators build on this success to see sustainable growth and profitability?

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