Saudi Arabia’s central bank is preparing tougher rules for insurance companies as part of a drive to create a smaller...
Shariah compliant insurance News
Saudi Arabia’s financial regulator has stopped Sharia-compliant insurer SABB Takaful from issuing or renewing insurance or savings products, citing weaknesses...
Cobalt Insurance Holdings Ltd. and Capita Managing Agency Ltd. (CMA) have announced they have taken a significant step in the...
Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer. Cobalt, the London...
Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour...
Islamic financial activity in London is developing a growing maturity, the chief executive of the International Underwriting Association (IUA), stated....
XL Group and Cobalt Underwriting have launched the first Shariah-compliant product to be available through Lloyd’s of London. The cover...
Business insurance specialist, QBE announced from London that it has “become the second major re/insurer to provide capacity to the...