We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

Latest News

Kuwait’s Gulf Investment raises $254 mln from ringgit sukuk

Kuwait's Gulf Investment Corporation (GIC) has issued 750 million ringgit ($253.5 million) of five-year sukuk at 4.90 percent, the deal's sole lead manager AmInvestment Bank said on Wednesday.


August 3, 2011 2:36 by

The announcement on Wednesday confirmed an earlier Reuters report that GIC had sold the five-year Islamic bonds under an existing 3.5 billion ringgit funding programme.
The sukuk is the second tranche to be issued under the programme in 2011, with the first tranche of 600 million ringgit in 5-year paper sold at a yield of 5.25 percent.
“We anticipate more issuers from the GCC region following suit in tapping into non-traditional sources to obtain long term funds,” Hisham Al-Razzuqi, the chief executive officer of GIC, said in a statement.
The sukuk programme has been assigned a long-term rating of AAA by Malaysia’s RAM Rating Services, and would enable GIC to tap the Malaysian market for long-dated funding, AmInvestment said.    (Reporting by Min Hun Fong; editing by Liau Y-Sing)


Tags: , ,

Leave a Comment