salama
Document Sample


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Takaful Holders Takaful Operator Retakaful Operator
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Board of Directors
Saleh J. Malaikah
Vice Chairman &
CEO
Imran Haider Khalid Matein Mohammed Ashraf Ighassan Davids
Chief Financial Chief Investment Chief Internal Chief Information
Officer Officer Auditor Officer
BEST RE SALAMA SOSAR ESIH
IAIC SALAMA
Tunisia Algeria Senegal Egypt
KSA UAE
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Geographical Organic
Expansion Growth
Group
Strategy
Consolidation Synergy
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Countries for future expansion 15
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Key Takaful Growth Regions
Europe
Middle East & North
Africa
Asia / Southeast Asia
Note: Countries with a significant Muslim Population
Source: MEED, International Cooperative and Mutual Insurance Federation – ICMIF, CIA World Fact book
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Region Country Gross Premium in USD m % Total
2006
2004 2005 2006 Est 2004 2005 Est
Africa Egypt 2.5 3.0 4.0 0.1% 0.1% 0.1%
Mauritania 0.4 0.4 0.4 0.0% 0.0% 0.0%
Senegal 6.0 5.9 7.0 0.2% 0.1% 0.2%
Sudan 112.0 171.6 203.1 3.2% 3.9% 4.6%
Sub-Total 120.8 180.9 214.5 3.4% 4.1% 4.8%
East Indian
Sub- continent Bangladesh 3.1 3.5 4.2 0.1% 0.1% 0.1%
Pakistan - 0.1 0.2 0.0% 0.0% 0.0%
Sri Lanka 2.4 4.2 6.8 0.1% 0.1% 0.2%
Sub-Total 5.4 7.8 11.2 0.2% 0.2% 0.3%
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Region Country GWP in USD m % Total
2004 2005 2006 est 2004 2005 2006 Est
Far East Brunei 22.5 27.0 30.0 0.6% 0.6% 0.7%
Indonesia 73.5 74.2 80.1 2.1% 1.7% 1.8%
Malaysia 338.7 405.4 522.8 9.5% 9.1% 11.8%
Singapore - 0.1 0.1 0.0% 0.0% 0.0%
Thailand 28.7 30.0 32.4 0.8% 0.7% 0.7%
Sub-Total 474.3 552.4 687.8 13.4% 12.4% 15.5%
GCC Bahrain 14.5 15.0 33.7 0.4% 0.3% 0.8%
Kuwait 53.6 82.9 90.0 1.5% 1.9% 2.0%
Qatar 24.7 33.6 50.0 0.7% 0.8% 1.1%
Saudi Arabia 646.8 755.6 831.2 18.2% 17.0% 18.7%
UAE 30.6 41.5 65.0 0.9% 0.9% 1.5%
Sub-Total 770.2 928.6 1,069.9 21.7% 20.9% 24.1%
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Region Country
GWP in USD m % Total
2006
2004 2005 2006 Est 2004 2005 Est
Levant Jordan 12.9 14.5 17.3 0.4% 0.3% 0.4%
Lebanon - 4.0 4.8 0.0% 0.1% 0.1%
Yemen 0.8 1.0 1.5 0.0% 0.0% 0.0%
Sub-Total 13.7 19.5 23.6 0.4% 0.4% 0.5%
Middle East (Non Arab) Iran 2,163.8 2,750.0 3,685.0 61.0% 61.9% 83.0%
Sub-Total 2,163.8 2,750.0 3,685.0 61.0% 61.9% 83.0%
Grand Total 3,548.3 4,439.2 5,692.0 100% 100% 100%
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Global Takaful / Islamic
USD Millions Gross Contribution Income by region 2004 - 2006
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5,000
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4,000
3,685.0
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3,000 2,750.0
2,163.8
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2,000 24
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1070
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929
1,000 770
552 688
474
120.8 180.9 214.5
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2004 2005 2006 est
Af rica Far East GCC Levant Middle East (Non Arab) East Indian Sub-Continent
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World 554.8
Muslim World
United Kingdom 6,466.7 Qatar 683.5
Ireland 5,564.7 UAE 585.4
Switzerland 5,561.9 Malaysia 292.2
Denmark 4,271.4 Kuwait 227.2
France 4,075.4 Lebanon 181.5
Source: Sigma 4/2007
Non Life
World 224.2
Muslim World
Switzerland 2,450.1 Qatar 652.6
United States 2,134.2 UAE 495.6
Luxembourg 1,817.9 Kuwait 186.3
Netherlands 1,757.3 Lebanon 123.6
Canada 1,504.3 Oman 119.4
Source: Sigma 4/2007
Life
World 330.6
Muslim World
United Kingdom 5,139.6 Malaysia 189.2
Ireland 4,203.8 UAE 89.8
Switzerland 3,111.8 Lebanon 57.9
France 2,922.5 Kuwait 40.9
Finland 2,903.1 Qatar 30.9
Source: Sigma 4/2007
Top Five Muslim World
United Kingdom 16.50% Malaysia 4.90%
South Africa 16.00% Lebanon 3.00%
Taiwan 14.50% Morocco 2.90%
South Korea 11.10% Jordan 2.40%
Switzerland 11.00% Tunisia 2.00%
Source: Sigma 4/2007
Non Life
Top Five Muslim World
Switzerland 4.90% Jordan 2.20%
United States 4.80% Morocco 2.10%
Netherlands 4.30% Lebanon 2.00%
Slovenia 4.00% Tunisia 1.80%
Canada 3.90% Angola 1.70%
Malaysia 1.70%
Source: Sigma 4/2007
Life
Top Five Muslim World
United Kingdom 13.10% Malaysia 3.20%
South Africa 13.00% Lebanon 0.90%
Taiwan 11.60% Indonesia 0.80%
Hong Kong 9.20% Morocco 0.80%
Japan 8.30% Bangadesh 0.40%
Source: Sigma 4/2007
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