Takaful Feature

The potential of blockchain in takaful

Blockchain technology – with its ability to provide complete accountability, transparency and security – can help insurers overcome today’s challenges. Takaful operators too should be willing to innovate and adopt this technology to gain first-mover advantages, says Mr M Khairul Izad of Actuarial Partners.

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UAE takaful operators catching up with conventional peers

Despite operating in a highly competitive market, the takaful segment in the UAE registered higher growth than its conventional peers in 2018 though its market share remains comparatively small, say Ms Emily Thompson and Mr Salman Siddiqui of A.M. Best.

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