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K-NET Launches New Ultrafast Unlimited Broadband Internet Services Anywhere Across Sub-Saharan Africa
LONDON, January 2013 – While the Takaful industry has been developing rapidly in the countries of the Gulf Cooperation Council (GCC), the development of Takaful regulation varies significantly country by country. As a result, the levels of policyholder protection differ from one state to another, which has created opportunities for Takaful operators to pursue regulatory arbitrage, according to a new report from A.M. Best Co. This special report maps the provisions for Takaful regulation in the GCC and identifies the implications for policyholder protection and its impact on A.M. Best ratings.
By Sophia Tesfamariam