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 150,398.71
270.15M
-1.06%
-1612.55
ALLSHR 90,084.08
469.39M
-0.93%
-849.88
KSE30 45,453.36
99.47M
-1.14%
-522.50
KMI30 218,271.12
195.05M
-0.92%
-2019.44
KMIALLSHR 58,965.48
294.49M
-0.81%
-483.69
BKTi 41,775.34
33.94M
-0.76%
-317.96
OGTi 31,328.42
11.96M
-0.61%
-192.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,165.00 67,625.00
66,480.00
-15.00
-0.02%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 04, 2026 at 12:18 AM GMT+05:00

Govt slashes petrol price by Rs80 to Rs378 for one month


April 03, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bears Tighten Their Grip


April 03, 2026 at 03:54 PM GMT+05:00

PKR remains flat against USD


April 03, 2026 at 03:51 PM GMT+05:00

Pakistan accelerates digital economy push after 5G auction



Top 5 things to watch in this week

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