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Kuwait's IFA confirms $2.6mln 'rain accident' payout by subsidiary

Kuwait-based International Financial Advisors (IFA) confirmed on Thursday an insurance payout by one of its subsidiaries following ‘rain accidents’. In a statement to the Dubai Financial Market (DFM) IFA said First Takaful Insurance Company had paid an ‘amount of compensation’ to an insured client after material losses as a result…

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