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Takaful: Re-framing growth strategies for new economic realities

  • United Arab Emirates: Sunday, February 21 - 2010 at 10:52
  • PRESS RELEASE

The opening Keynote Plenary session at The 5th Annual World Takaful Conference (WTC 2010) will feature take-home strategies by leading industry decision makers, testimony of the overall significance of the forum in shaping the future of the global Takaful industry.

Dr. Ahmed Al Janahi, Managing Director, Noor Takaful & Deputy Group CEO, Noor Investment Group, Dr. Saleh J. Malaikah, Vice Chairman & Chief Executive Officer, Salama Group and Hussein Al Meeza, Managing Director and Chief Executive Officer, Dubai Islamic Insurance and Reinsurance (AMAN) will revisit Takaful growth forecasts in the aftermath of the global economic crisis.

Have growth prospects for the industry been curtailed - or is Takaful still on track to become an $8bn industry by 2012?

This is one of the key questions that the industry leaders will be tackling as they pinpoint new growth and global market opportunities for Islamic insurance products while revisiting growth opportunities in key Takaful product segments: Assessing Life vs. Non-Life product growth horizons.

A record number of industry leading institutions have already confirmed their partnership. Takaful Re, Salama Islamic Arab Insurance, Noor Takaful and Dubai Islamic Insurance & Reinsurance Company (AMAN) have confirmed their participation at the conference as platinum sponsors.

Other leading international players partnering with WTC 2010 include Ernst & Young, LM Investment Management Ltd, MNRB Retakaful, Abu Dhabi National Takaful, Munich Re ReTakaful, A.M. Best, Clyde & Co, Mashura Financial Services, FWU Group and Milliman

The World Takaful Conference (WTC 2010) builds on 5 years of successfully meeting industry needs and is again held in strategic partnership with DIFC (Dubai International Financial Centre).
 
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