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Tag Archives: Insurance

Bancassurance: the one stop financial solution

Bancassurance: the one stop financial solution

As compared to Europe, Pakistan is a market with low insurance penetration and a limited variety of distribution channels. Bancassurance is on the rise, particularly in emerging markets as its outlook remains positive worldwide. In many markets, bancassurance is the …

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Takaful as a shield from the risk of losses

Takaful as a shield from the risk of losses

The insurance industry in Pakistan contributes almost 0.9 percent of the gross domestic product, of which Takaful industry shares 3 percent of the insurance industry, whereas insurance sector in India contributes 3.8 percent of total GDP and Turkey, where the …

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Takaful industry becoming greater in the world

Takaful industry becoming greater in the world

Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong growth driven by demand from Islamic countries according to speakers at World Takaful Conference, organized recently. Gulf Cooperation Council (GCC) …

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