UPDATE 1-UAE Islamic insurers consider mergers as tighter rules bite

April 13, 2015 12:51 PM

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* UAE to establish committee to oversee Islamic insurance market by year end (Adds detail, quote, context)

DUBAI, April 13 (Reuters) - Several Islamic insurers in the United Arab Emirates are seeking guidance from the UAE Insurance Authority on the possibility of mergers and acquisitions in the sector, Ibrahim Al Zaabi, director-general of the authority, told Reuters on Monday.

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