A.M. Best to Participate in International Takaful Summit 2013

2013-02-12 21:32:08 -

A.M. Best will participate in the International Takaful Summit 2013, to be held 18-19 February at the Intercontinental Cairo Citystars Hotel in Cairo, Egypt. Vasilis Katsipis, General Manager – Market Development, will be speaking at the conference on “Global Perspective of Takaful Regulations” on Monday, 18 February.

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. A new special report from A. M. Best maps the provisions for Takaful regulation in the GCC and identifies the implications for policyholder protection and its impact on A.M. Best ratings.

A.M. Best currently rates a number of takaful companies and has a specific takaful rating methodology, which can be found at www.ambest.com/ratings/methodology/takafulinsurance.pdf : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

To learn more about Best’s Credit Ratings, please visit Best’s Ratings and Analysis Center at www.ambest.com/ratings : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

Information about the conference is available at www.takafulsummit.com/2013/index.php : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
To arrange a meeting with Mr Katsipis, please e-mail charlotte.jackson@ambest.com : mailto:charlotte.jackson@ambest.com .


A.M. Best Europe – Rating Services Limited is a subsidiary of A.M.

Best Company. Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.

For more information, visit www.ambest.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

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A.M. Best Company, Inc.Charlotte Jackson, +(44) 20 7626

6264 charlotte.jackson@ambest.com : mailto:charlotte.jackson@ambest.com