Pakistan General Insurance hoping to resume its entry into new insurance contracts

MG News | February 12, 2020 at 01:28 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 12, 2020 (MLN): The management of the Pakistan General Insurance Company Limited has expressed its hope via notification to PSX that the Company will once again be permitted to enter into new contracts of insurance.

Earlier, the company had been directed by the Securities and Exchange Commission of Pakistan ('SECP') to cease entering into new contracts of insurance which the Company vehemently contested and the decision of the case is reserved by the Honourable Lahore High Court, Lahore and will be announced (hopefully) in a week.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,039.83 457.43M	2.69% 4639.92
ALLSHR	106,439.15 980.52M	2.42% 2511.25
KSE30	52,890.43 243.06M	2.84% 1462.27
KMI30	253,474.66 222.84M	2.73% 6731.57
KMIALLSHR	69,154.67 541.49M	2.45% 1654.73
BKTi	48,191.73 63.48M	2.59% 1217.44
OGTi	35,876.09 14.73M	1.97% 692.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,270.00	66,435.00 63,430.00	2610.00 4.10%
BRENT CRUDE	82.87	85.93 82.52	-4.46 -5.11%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	3.75 3.14%
ROTTERDAM COAL MONTHLY	131.00	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	80.18	82.42 79.70	-4.70 -5.54%
SUGAR #11 WORLD	13.88	13.89 13.61	0.18 1.31%