Press Release - FEBRUARY 24, 2016

A.M. Best Awarded International Best Ratings Agency for Takaful at the International Takaful Awards 2016


CONTACTS:
 Edem Kuenyehia
Associate Director, Market Development & Communications
+(44) 20 7397 0280
edem.kuenyehia@ambest.com

Jim Peavy
Assistant Vice President, Public Relations
+(1) 908 439 2200, ext. 5644
james.peavy@ambest.com

FOR IMMEDIATE RELEASE

LONDON - FEBRUARY 24, 2016
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.