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Qatar's Islamic insurance sector GCC's 'most profitable' market in 2022: S&P

Qatar's takaful (Islamic insurance) sector remained the GCC's most profitable market, with insurers reporting an average combined loss and expense ratio of lower than 80% in 2022, S&P Global Ratings has said in a report. Aggregate post-tax earnings in of GCC Islamic insurers improved by almost 70% in 2022 when…

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