Al Etihad Cooperative Insurance has announced the Board of Directors' decision to accept the resignation of the company's CEO, Mr Hussam AbdulAziz Al-Kannas. The resignation was attributed to personal reasons.
Assurances At-Takafulia's net profits climbed by 56.2% to TND1.60m ($540,000) in 2025, up from TND1.02m in 2024, according to financial statements lodged by the company with the Tunis Stock Exchange.
The Algerian insurance market grew by 8.8% in 2025 to reach a record gross premiums of DZD200.5bn ($1.5bn), including international acceptances, compared to DZD184.3bn in the preceding year, whereas paid claims increased by 7.9% year on year.
Etiqa Insurance Singapore and AIA Singapore have announced a strategic distribution partnership to broaden access to Shariah-compliant, values-based takaful solutions in Singapore.
Etiqa Insurance Singapore and AIA Singapore have announced a strategic distribution partnership to broaden access to Shariah-compliant, values-based Takaful solutions across Singapore.
The Philippine Insurance Commission (IC) has set out guidelines stating that existing regulations, as well as other issuances by the IC, for conventional insurance and mutual benefit associations (MBAs), shall also apply to all entities with takaful window operations.
Al Khaleej Takaful Insurance Company's (AKTI) operating performance as strong with the company reporting robust underwriting performance consistently, with a five-year (2020-2024) weighted average combined ratio (including short-term life results) of 83%, notes AM Best.
President Yoweri Kaguta Museveni yesterday launched Tamini General Insurance, Uganda's first Islamic insurance company.
Takaful Malaysia, the pioneer and leading takaful provider in Malaysia, has announced a strong financial performance for the year ended 31 December 2025.
Former President of the Bangladesh Insurance Association (BIA) and architect of the country's insurance sector, Sheikh Kabir Hossain, passed away on 14 February at the age of 84.