An upcoming merger of “Salama”, “Aman” and “Takaful Al Emarat”

An upcoming merger of “Salama”, “Aman” and “Takaful Al Emarat”
An upcoming merger of “Salama”, “Aman” and “Takaful Al Emarat”

Dubai: «The Gulf»

«Gulf» learned that 3 Takaful insurance companies listed on the Dubai Financial Market are moving towards establishing one of the largest Takaful insurance companies in the world, after merging them into one entity.

A Source said that the Islamic Arab Insurance Company “Salama” will announce the acquisition of both “Takaful Al Emarat” and Dubai Islamic Insurance and Reinsurance “Aman”.

The merger comes a few months after the announcement of the merger of two of the largest Takaful insurance companies in the Emirates, namely “Dar Al Takaful” in Dubai and “National Takaful” in Abu Dhabi, to become “Takaful House”, the remaining entity, the largest provider of takaful services at the state level in terms of share marketplace.

Large entities would unify their customer bases, which would provide them with the potential for development and expansion, and to provide offers and products with higher competitiveness.

The article is in Arabic

Emirates

Tags: upcoming merger Salama Aman Takaful Emarat

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