Analysis

Briefing: London’s Islamic aspirations move closer with MOU

By Jon Guy 2022-11-09T11:14:00

indonesia (2)

London is looking to Indonesia to help create opportunities around Islamic insurance and diversity

While all eyes have been on Egypt for the 2022 United Nations Climate Change Conference (Cop27), which kicked off on 6 November, the London market may have snuck open the door to its long-held ambition to become a leading global centre for Islamic financial services.

While Lloyd’s of London chief executive John Neal was in London wishing new prime minister Rishi Sunak a good trip to Cop27, the International Underwriting Association’s boss Dave Matcham was in Jakarta, where the London market signed a memorandum of understanding (MOU) with the Indonesian Sharia Insurance Association (AASI).

Read more…

Explore more news analysis here.

Discover more London market-related content here.

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

Register now

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Top level access to our Five Star service ratings across our annual Personal Lines, Commercial Lines, eTrading and MGA reports.
  • A choice of daily and weekly email newsletters that suit you, to keep informed of news across the industry directly to your inbox.

Register now to continue reading more for free

As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.