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Apr
26

Malaysia Takaful Positioned to Grow

A new report issued by Bank Negara Malaysia (BNM), Malaysia's central bank, demonstrates the continued growth in demand for takaful products and the country's overall continued prominence in the global Islamic insurance industry. The takaful industry in Malaysia was established in 1985 after the enactment of the Takaful Act 1984. The Malaysian government has played a prominent role in supporting the…

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Aug
04

Allianz Reshuffling Regional CEOs

Allianz Group is set to move regional CEOs around the world, reorganizing the upper management due to the departure of Massimo Michaud, the previous Chief Executive Officer of Allianz Italia S.p.A. The vacancy at the top of Allianz Italia will be filled by George Sartorel, who is currently the Chief Executive Officer of Allianz Turkey. Sartorel will be succeeded in Turkey by Mr. Alexander Ankel,…

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Jul
07

Standard Chartered Agrees to Sell Allianz Takaful Insurance Products in Qatar

Furthering their strategic alliance in the Middle East, Standard Chartered and Allianz Takaful have signed a five year agreement to sell Allianz Takaful's insurance products through Standard Chartered Bank in Qatar. In April this year, the two companies came to an agreement over

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Jun
28

Allianz Takaful Signs Medical Insurance Agreement with Apex Real Estate

Allianz Takaful and Apex Real Estate Development Company have signed an agreement whereby Allianz Takaful will be contracted to provide employee medical insurance to Apex. The agreement was signed by Allianz Takaful CEO, Dr. Abdul Rahman Tolefat and Apex Real Estate Development Company Managing Director Majed Al Khan.…

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