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Event Date |
Tue Apr 9 +04 (over 5 years ago)
In your timezone (EST): Tue Apr 9 12:00am - Tue Apr 9 9:00am |
Location |
Dusit Thani Dubai
Sheikh Zayed Road, Near Financial Centre Metro Station - Dubai - UAE |
Region | EMEA |
According to recent reports, In the GCC, the United Arab Emirates (UAE) has the best depth and breadth of products, and offers the most diversified suite of family and general takaful products. The report noted that since 2008 the GCC region recorded a stable insurance and takaful industry growth with buoyant performance in some countries like the UAE (CAGR of 11.75% and 18.5% for the insurance and takaful sectors respectively) with the takaful industry witnessing a faster growth rate in the period 2008-2012. This is majorly attributed to the implementation of new regulations with compulsory health and motor insurance schemes. The global takaful insurance market has exhibited impressive double digit growth with gross takaful contributions reaching US$18.3 billion in the first half of 2013. A major challenge facing the Takaful industry going forward will be to boost top line growth levels while also focusing on technical profitability. The evolving regulatory landscape, pricing dynamics and technical profitability will be key factors that will shape the direction of the industry at this important juncture in 2015 and beyond.
A critical factor that will determine success in taking the industry to the next level of development will be the readiness of industry players to formulate and execute successful strategies in response to new market conditions and rapidly adapt to capture new emerging opportunities that will reignite growth levels. As the industry becomes increasingly competitive, leading operators are now working on how they can overcome the challenge of maintaining the exciting growth rate of the past few years while also becoming increasingly focused on the imperative of boosting profitability from their core business. A key challenge for leading Takaful players will be to create a stronger value proposition and better differentiate Takaful products.
2019 Speakers
Ravindra Mohan V.
VP Consulting & Business Development, AETINS
James Maudslay
Global Head of Insurance, Equinix
Mahesh Mistry
Director - Analytics, A.M. Best
Alfiya R. Salikhova
Head of Research Committee, Association for Development of Islamic Finance in Kazakhstan
Manoj Kumar
Managing Director & Chief Executive Officer, MNK Re Ltd.
2019 Media Partners
EXCLUSIVE INTERNATIONAL:
• Sky News
STRATEGIC:
• Middle East Insurance Review
• ASIA Insurance Review
GLOBAL COMMUNICATION:
• CPI Financial
• Banker Middle East
• Islamic Business & Finance
STRATEGIC INSURANCE:
• Premium
• Ta'ameen Qatar
• Capital Business
• Business Islamica
OFFICIAL RECRUITMENT CONSULTANCY:
• Insurance Connexions
RESEARCH:
• Oxford Business Group
Business Magazone:
• Bloomberg Businessweek
SUPPORTING:
• Islamic Economist
MEDIA:
• Al Bayan
• Business Life
• Alittihad Aliktissadi
• Primedia International
• ARAB Banking & Finance
• True Banking
• Alim
• TheBahrainBanker
• Wealth Monitor
• Bahrain Association of Banks
• Knowledge@EFT Business and Finance