Global: Takaful market sees assets grow by at least 15% in 2025

Published on January 5, 2026
The takaful sector experienced steady growth during 2025, with global takaful assets expanding at an estimated rate of 15-17% annually, according to Mr Zubair Mughal, an expert in Islamic banking and
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Morocco: Bancassurance sector, including bancatakaful, continues to grow

January 4, 2026
The bancassurance sector maintained its growth momentum, registering a 6.6% increase in 2024. The total premiums generated amounted to MAD20.5bn ($2.25bn), collected through banks network, finance

Travelers completes sale of Canadian personal & majority of commercial arm to Definity

January 5, 2026
The Travelers Companies, Inc., a provider of property and casualty insurance, has completed the sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for approximately $2.4 billion.The sale was initially announced in May 2025. Travelers has retained its premier Canadian surety business.Travelers will use