DUBAI -- More than 350 industry leaders in the global Takaful industry will be gathering at the 6th Annual World Takaful Conference, or WTC 2011, which will be held today and tomorrow in Dubai.
As the Takaful industry continues to build critical mass as the fastest growing component in the global insurance market, major players in the industry are reassessing their strategies and are focusing on capitalising on emerging new growth opportunities.
David McLean, Managing Director of the WTC, said that "the theme for this year's WTC focuses on the three key elements -- 'Managing Risk, Innovating Products and Driving Growth' in the global Takaful industry, which will be vital in fully realising and effectively capturing the tremendous potential in the international Shariah-compliant insurance industry."
WTC 2011 will begin with a special inaugural address by Marwan Ahmad Lutfi, Deputy Chief Executive Officer and Head of Business Development of the Dubai International Financial Centre Authority and will be immediately followed by a high-profile keynote plenary session featuring Dr Saleh Malaikah, Vice-Chairman and Chief Executive Officer of the Salama Group; Hussein Al Meeza, Chief Executive Officer and Managing Director of the Dubai Islamic Insurance and Reinsurance Company and Shahril Azuar Jimin, Chief Executive Officer of Etiqa Takaful Berhad.
This session, focusing on creating a new growth paradigm to effectively capture potential in the buoyant global Takaful industry, will review growth prospects in key markets and chart renewed strategies to fast-track growth and translate market potential&into reality.
The 2011 edition of WTC will also be launched exclusively on-site at the event.& With a principal focus on "Transforming Operating Performance," the World Takaful Report 2011, developed in collaboration with Ernst & Young, will analyse the key trends shaping the industry, map out the strategic direction of the market leaders and probe the emerging landscape of opportunities.markets.
© Khaleej Times 2011¬
