Increased insurance business in the Middle East and North Africaand an escalation in Takaful, or Islamic insurance, have raisedrating questions about new companies coming to market, a ratingsagency said.

Standard & Poor's Ratings Services addressed those issues inanalyses titled "Takaful: A New Face for Insurance" and "CreditFAQ: Rating Start-Up Insurance And Reinsurance Companies in theMiddle East and North Africa."

The firm released the publications in advance of seminars it isholding on Feb. 5 and Feb. 6 in Dubai and Bahrain titled "Ratingsat Work in the Capital Markets of the Middle East."

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