Takaful signs key deal
Manama, July 6, 2010
Takaful International Company has signed a co-operation agreement with Paramount Health, which includes more than 3,000 hospitals in India for takaful network of healthcare providers outside Bahrain.
The deal will offer Takaful insurers larger options of speciality hospitals and clinics in India.
The agreement was signed by Takaful International chief executive Younis J Al Sayed and Paramount Health chief executive Neyan Shah.
This deal will enable Takaful International to expand its health services to all the hospitals that comes under Paramount Health hospitals list for free.
Family and Medical Takaful deputy general manager Ali Noor said that the company continues to develop health products, due to the increase in demand and awareness of its importance.
'The company is also seeking to attract new hospitals and medical clinics in the Middle East to include them in Takaful network of healthcare providers,' he said.-TradeArabia News Service
More Finance & Capital Market Stories
- Emaar proposes 15pc cash dividends
- ABG units win top Islamic finance award
- Finance House approves 25pc cash dividends
- Qatar 'most expensive country in Gulf'
- Egypt regulator sets rules for index
- Dubai Islamic eyes Kenya, Indonesia for expansion
- ADCB to buy back 3pc of its shares
- GCC insurance growth outpaces developed markets
- Bahrain 'faces budget deficit, inflation challenges'
- Global Payment Services wins key certification
- BBK unveils big India expansion plans
- Kuwait GDP growth to hit 3.5pc in 2014
- Gulf shares tumble over EM exposure cut
- GCC bonds to gain from macro-economic climate
- French Business Council Dubai members up 18pc
- Egypt economy growth seen less strong than thought
- Sharjah approves $4.2bn budget for 2014
- Saudi non-oil sector posts solid growth in Feb
- Seera total income rises to $34m
- NBAD approves 40pc cash dividends
- NBAD sees 8-10pc loan growth
- Al Basel Group launches investment arm
- Union Insurance posts $18m profit
- Oman warns banks on conflicts of interest
- Japan to lend Tunisia $480m
- 400 to join anti-laundering seminar in Riyadh
- Lebanese insurer to head Prague Club
- UAE's first REIT plans $135m IPO
- Bahrain banking industry outlook 'positive'
- New India Assurance opens Bahrain branch