Best’s News & Research Service - February 26, 2015 03:31 PM (EST)
A.M. Best Awarded International Best Ratings Agency for Takaful at the International Takaful Awards, 2015
- February 26, 2015 03:31 PM (EST)
Oldwick //BestWire// - A.M. Best has received the award for International Best Ratings Agency for Takaful at the International Takaful Awards, 2015, held in conjunction with the 9th International Takaful Summit at the Savoy Hotel in London last week.
The awards recognise the achievements of those companies and individuals that have made significant contributions and shown leadership in the fields of takaful and retakaful. "As the only international credit rating agency focused exclusively on the insurance industry, this award highlights the strong contribution and commitment that we have provided to the (re)takaful market, along with the growing confidence of the takaful sector in our ratings," said Roger Sellek, CEO, EMEA and Asia-Pacific. He added, "The last few years have seen phenomenal growth and interest in the (re)takaful sector, and A.M. Best is able to bring its broader understanding and experience of the insurance industry to its coverage of the (re)takaful market whilst recognising in its methodology the important differences between the traditional and Shari'a-compliant models."
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source.