Takaful

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Takaful is the provision of risk cover conducted in line with the principles of Shari’ah. The core principle underlying the takaful concept is very similar to that of co-operative and mutual insurance. Participants in a takaful

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£1.9bn Jaguar cyberattack UK's 'most economically damaging'

Law360, London: The cyberattack that hit car manufacturer Jaguar Land Rover (JLR) in August 2025 triggered a ripple effect that cost the UK an estimated £1.9bn due to disrupted supply chains, the Cyber Monitoring Centre (CMC) said on 22 October 2025, making it the 'most economically damaging' digital incident to ever affect Britain.

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Insurance & Reinsurance weekly highlights—23 October 2025

This week's edition of Insurance weekly highlights includes: Managed Legal Solutions Ltd v Hanison (trading as Fortitude Law); QXK v Bair; Royal & Sun Alliance Insurance Ltd (formerly Royal & Sun Alliance Insurance Plc) v Equitas Insurance Ltd; Reinsurers deny liability to Chubb over bill for aircraft loss; Insurers likely to face up to US$600m bill from First Brands; FCA publishes general insurance value measures data for 2024; London insurers push for growth-friendly regulation; PRA publishes consultation and final rules on low impact amendments to its rules and policy plus key cases and dates for your diary.

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