SECP clears Jazz stake in TPL Insurance

News Image

MG News | February 11, 2026 at 03:53 PM GMT+05:00

0:00

February 11, 2026 (MLN): Pakistan’s insurance sector has attracted fresh foreign direct investment after the Securities and Exchange Commission of Pakistan (SECP) approved Jazz International’s acquisition of a controlling stake in TPL Insurance.

In a statement, the SECP said that this partnership between a digital insurer and a major digital operator is expected to increase insurance penetration and foreign investment.

The SECP’s facilitation of this deal aligns with the goals to foster a transparent, efficient, and investor-friendly environment that encourages both domestic and foreign investment. 

As part of its commitment to market development, the SECP is actively implementing structural reforms, including the recently introduced regulatory framework for digital-only insurers and microinsurers.

By vetting this acquisition for adherence to sound corporate governance and prudent management standards, the Commission is paving the way for further innovation in financial services and products.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 183,049.81
350.08M
0.49%
896.25
ALLSHR 109,841.97
731.28M
0.37%
406.56
KSE30 55,980.66
79.85M
0.38%
209.40
KMI30 259,664.81
146.46M
0.67%
1734.22
KMIALLSHR 70,650.71
440.38M
0.27%
189.19
BKTi 52,787.22
32.29M
0.12%
64.20
OGTi 36,172.75
5.18M
-0.80%
-290.18
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,160.00 69,415.00
66,495.00
-1775.00
-2.57%
BRENT CRUDE 70.26 70.30
69.00
1.46
2.12%
RICHARDS BAY COAL MONTHLY 96.00 0.00
0.00
0.40
0.42%
ROTTERDAM COAL MONTHLY 102.00 102.20
102.00
0.30
0.30%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 65.39 65.42
64.15
1.43
2.24%
SUGAR #11 WORLD 13.92 14.12
13.88
-0.20
-1.42%

Chart of the Day


Latest News
February 11, 2026 at 05:29 PM GMT+05:00

Pakistan’s external debt servicing rises above $4bn in Q2FY26


February 11, 2026 at 05:11 PM GMT+05:00

National Savings Schemes see over Rs4bn inflow in December


February 11, 2026 at 04:59 PM GMT+05:00

Central govt debt rises to Rs78.5 tr in December


February 11, 2026 at 04:52 PM GMT+05:00

Pakistan, Cambodia boost industrial, textile ties


February 11, 2026 at 04:51 PM GMT+05:00

Pakistan, China achieve new livestock cooperation outcomes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg