Lloyd's of London targets Islamic insurance market

April 19, 2015 6:01 AM

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SYDNEY/LONDON, April 19 (Reuters) - Lloyd's of London has set its sights on Islamic insurance, known as takaful, to strengthen its push into emerging markets and is in talks with regulators to set up shop in Malaysia.

The plans are part of the venerable London insurance market's strategy to expand in fast-growing regions where insurance penetration remains low.

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