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FOR IMMEDIATE RELEASE
LONDON - FEBRUARY 24, 2016 08:30 AM (EST)
A.M. Best has received the award for International Best Ratings Agency for Takaful at the International Takaful Awards 2016, held in conjunction with the 10th International Takaful Summit at the Jumeirah Carlton Tower in London.
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. Roger Sellek, CEO, EMEA and Asia-Pacific, said: “A.M. Best is the only international credit rating agency focused exclusively on the insurance industry, and this award highlights the ongoing contribution and commitment that we provide to the (re)takaful market, along with the continued confidence of the sector in our ratings.” He added, “The (re)takaful sector continues to see significant growth and interest. A.M. Best is able to bring its broader understanding and experience of the insurance industry to its coverage of the (re)takaful market and continues to recognise in its methodology the important differences between conventional and Shari’a-compliant models.”
A.M. Best is the world’s oldest and most authoritative insurance rating and information source.