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FINANCIAL NEWS
T’azur, Hannover ink major deal
15 Sep 2010
(MENAFN) The chairman of T’azur, a Bahrain-based company, said in a statement that the company has inked an Islamic re-insurance agreement with Hannover Retakaful, the Bahrain-based Islamic subsidiary of Hannover Re, Gulf News reported.
According to the statement, partnering with a solid retakaful operator will nurture business and allow the market to face challenges.
T’azur and Hannover are going to strengthen their association.
Hannover is a German company, that was founded in 1966 and its worldwide network consists of more than 100 subsidiaries.
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