Investment Composition
Company RoE
Investment strategies have remained largely unchanged in 2010, while GCC operators continue to adopt a more relatively aggressive strategy
Combined Operating Ratio
Claims Ratio
Risk Retention
Commission Ratio
Expense Ratio
Underwriting Leverage
Investment Results
Investment composition
Average Investment Portfolio Composition for a Sample of Takaful Operators GCC
Real Estate
Malaysia
Equity
Sukuks
Deposits
Note: Where possible, publicly available corporate information has been used. In the GCC, 6 companies published information in 2007, 9 in 2008 and 6 in 2009. In Malaysia, 3 companies published information in 2007, 4 in 2008 and 2 in 2009. Data for 2010 was not available at the time of print. Figures for 2010 are based upon discussions with industry leaders. Deposits and placements with financial institutions in GCC are mostly less than three months. In Malaysia, deposits and placements with financial institutions vary from short term to long term. Source: Company Annual Reports, Ernst & Young analysis 32
THE WORLD TAKAFUL REPORT 2011: TRANSFORMING OPERATING PERFORMANCE
Yields