Takaful Hurdles
Although bigger claims were asked, Amana Takaful lost less money in 2010. On the other hand, the company was hindered to generate more income because of the lack of compliant instruments.
In Sri Lanka the insurance industry in general is making endorsement losses and the bottom line is propped by investment income. Industry analysts gave a warning by saying that lower interest rates will hit the industry and general insurance premium may have rise.
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