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U.K.: Willis to offer sharia-compliant commercial real estate coverage

Mon, 2014-06-16 20:24 — newsdesk

Willis Group Holdings P.L.C. is set to offer sharia-compliant commercial real estate coverage in the United Kingdom. The coverage will be offered through the Islamic insurance platform developed by Cobalt Underwriting Services Ltd. The policy retains price neutrality, meaning premiums are equivalent to those in a conventional insurance policy. In March, Cobalt Underwriting added QBE Insurance Ltd.'s European division to its platform.

Source: 

http://www.businessinsurance.com/article/20140612/NEWS09/140619938