UAE insurer sees premiums quadrupling in 2011

Takaful Emarat wants to launch new products and as a result it expects gross written premiums to surge to Dh65 million ($17.7 million) in 2011.
Ghassan Marrouche stated that the new savings products, combined with the expectation that medical insurance will become compulsory in the United Arab Emirates would help the rise of written premiums. He added that demand is already increasing for Islamic insurance, or takaful, products in markets such as India, Pakistan, Jordan and Syria.

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