We offer reinsurance in accordance with Islamic law (Sharia-compliant). The business model is similar in form to that of mutual insurance.
We service the needs of one of the largest, rapidly growing takaful markets globally, providing client-centric initiatives.
From our inception, our global vision has been to establish and maintain strong business relationships with our partners across the globe. To accomplish this, we provide Sharia-based advice and bespoke solutions to our takaful partners under the strictures laid out by our Sharia Supervisory Board (SSB).
Partnering with us is more than just a signing of an insurance policy, we also offer support in developing new Sharia-compliant products for emerging and established markets.
Regulated by the Central Bank of Bahrain, Hannover ReTakaful B.S.C. (c) has an A+ rating from S&P. Established in 2006 with an authorised capital of USD 135 million and fully paid-up capital of USD 54 million, the current contribution volumes are in excess of USD 170 million with an asset base of USD 423 million.