SECP introduces digital distribution of life insurance products

The Securities and Exchange Commission of Pakistan (SECP) has issued a directive for the sale of life insurance savings products through technology-based...

SECP aims to boost insurance penetration to 1.5%, introduce 'No-Fault Rule'

InsureImpact 2025, a five-year plan aimed at increasing insurance penetration in Pakistan from the current level of nearly 0.8% to 1.5%, includes Journey Life..

Affordable, modern insurance solutions key to an 'Insured Pakistan': FinMin

Affordable and efficient insurance solutions are essential for creating an "insured Pakistan," as the country needs modern approaches to life, health, and...

SECP engages with Punjab, Sindh govt to advance “Insured Pakistan” initiative

SECP, as part of its five-years strategic plan – Journey to an Insured Pakistan, concluded first round of its provincial outreach in Punjab and Sindh...

SECP revamps format to ensure clearer insurance Information

SECP has issued a revised illustration format for Life Insurance & Family Takaful products...

Insurance companies, CDC ink MoU to establish Pakistan’s first auto insurance repository

Nine insurance companies have signed an MoU with CDC for establishment of Pakistan’s first centralized auto insurance repository...

President directs FIO to ensure prompt relief to aggrieved policy holders

President Asif Ali Zardari has directed the Federal Insurance Ombudsman (FIO) to provide speedy and cost-free justice to aggrieved insurance policyholders...

SECP highlights vital need for agricultural insurance in Pakistan

SECP has issued a report titled “Securing Livelihoods: A Comprehensive Look at Crop and Livestock Insurance in Pakistan and the Way Forward"...

SECP pushes for IFRS 17 implementation, modernizing insurance reporting

The adoption of international reporting standards for modernizing Pakistan’s insurance industry is a critical priority for SECP as a regulator of the....

Pakistan's potential for micro, inclusive insurance: SECP Report

The Securities and Exchange Commission of Pakistan has issued a report titled “Unlocking the Potential of Micro and Inclusive Insurance in Pakistan,” which...

CCP initiates competition assessment of insurance sector under IMF framework

The Competition Commission of Pakistan (CCP) has embarked on a Competition Assessment of the Insurance Sector under the International Monetory Fund (IMF)...

SECP conducts RBC regime overview for insurance sector

The Securities and Exchange Commission of Pakistan (SECP) held a session for the insurance industry participants to provide an overview of the Risk Based...

Insurance industry to thrive on innovation, digitalization: Commissioner

Innovation, digitalization, and data accessibility are the core objectives of the 5-year Strategic Plan for the growth and expansion of insurance industry, as h

Commerce Minister credits key insurance companies for Pakistan's sector growth

Insurance companies, namely, State Life Insurance Company, National Insurance Company, and Pakistan Reinsurance Company have been an engine of growth...

Finance Minister foresees insurance-driven economic boost in Pakistan

The insurance industry can stimulate the development of capital markets and encourage the construction of sustainable and climate-resilient...

Leveraging technology can significantly boost insurance industry: Dr Ishrat Husain

The private sector should leverage technology to digitalize distribution channels to tap the huge business potential in the areas of crop insurance, health...

Finance Minister urges Pakistan to adopt new insurance trends

Pakistan needs to track and embrace emerging trends in the insurance sector, as the risks are growing, both globally and nationally, demanding adequate...

SECP to unveil 5-year strategic plan to boost insurance sector in Pakistan

The Securities and Exchange Commission of Pakistan (SECP) plans to unveil a 5-year strategic draft at the InsureImpact Conference 2023...

SECP commissioner calls for London market collaboration with takaful sector

To support Takaful companies in developing underwriting capacity for specialized and emerging risks through innovative product solutions....

SECP notifies timeframe for implementation of IFRS 17 for insurance industry

The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of the International Financial Reporting Standard (IFRS) 17 'Insurance...

SECP revokes New Hampshire Insurance Company's registration in Pakistan

The Securities and Exchange Commission of Pakistan (SECP) has revoked the registration of New Hampshire Insurance Company—Pakistan Branch....

SECP unveils 5-year strategic plan for insurance sector development

The Securities and Exchange Commission of Pakistan (SECP) unveiled its 5-year strategic plan for the development of the insurance....

SECP's plan to strengthen insurance companies

To strengthen the financial stability and enhance the risk management capabilities of insurance companies, the Securities and Exchange Commission of Pakistan...

SECP proposes amendments in regulatory framework for insurance companies

The Securities and Exchange Commission of Pakistan (SECP), to provide the manner of recording....

Insurance industry assets soar by 14.5% YoY to Rs2.421tr in 2022

The total assets of the insurance industry increased by 14.5% in 2022, reaching Rs2.421 trillion from....

SECP releases Diagnostic Study on motor third-party insurance

The Securities & Exchange Commission of Pakistan (SECP) has released a Diagnostic Study providing a holistic synopsis of the existing landscape of motor...

Alpha Returns - The Hidden Treasures for Life Insurance Companies

In this era of hyperinflation investment managers of Life Funds are under immense pressure to generate alpha returns to support policyholder obligations...

DSL to invest Rs5bn for integration in billet furnace

The board of Dost Steels Limited (DSL), has announced an investment of more than Rs5 billion in the company for backward integration of billet furnace

PSEB, State Life sign MoU to offer insurance products, services

PSEB, State Life sign MoU to offer insurance products, services

Premier Insurance to invest in Associated Companies

Premier Insurance to invest in Associated Companies

AICL Briefing: Company to now target underwriting margins in the range of 7% to 9%

AICL Briefing Company to now target underwriting margins in the range of 7 to 9

SECP Constitutes Working Group to develop Risk Based Capital Regime for Insurance Sector

SECP Constitutes Working Group to develop Risk Based Capital Regime for Insurance Sector

SECP proposes new regulations for insurance agents

SECP proposes new regulations for insurance agents

Pakistan’s first Centralized Repository for Life Insurance Sector launched

Centralized Repository for Life Insurance Sector launched in Pakistan

Closing Bell: Bears stay in front seat

Closing Bell Bears stay in front seat

Closing Bell: Bears regain the upper hand

Closing Bell Bears regain the upper hand

Closing Bell: Bulls manage to hold bourse at 41K

Closing Bell Bulls manage to hold bourse at 41K

Closing Bell: The KSE-100 Index lands in consolidation

Closing Bell The KSE 100 Index lands in consolidation

Closing Bell: Tender Surrender

Closing Bell Tender Surrender

CDC Pakistan and Life Insurance Companies to launch e-Repository for Insurance

CDC Pakistan and Life Insurance Companies to launch e-Repository for Insurance

Equity Funds’ Annual Review: The woes of stock market

Equity Funds Annual Review woes of stock market

SECP reaffirms commitment to the development of insurance industry

SECP reaffirms commitment to the development of insurance industry

CPEC to bring unprecedented growth for insurance industry: PEW

CPEC to bring unprecedented growth for insurance industry PEW

Insurer Munich Re hesitant to douse coal business

Insurer Munich Re hesitant to douse coal business

EFU General Insurance profits fall by 28.96 percent to Rs. 430.663 million

EFU General Insurance profits fall by 28.96 percent to Rs. 430.663 million

IGI Insurance renamed as ‘IGI Holdings’

IGI Insurance renamed as IGI Holdings

EFU Life becomes a subsidiary of EFU General Insurance

EFU Life becomes a subsidiary of EFU General Insurance

Adamjee Insurance Ltd. profits fall 65.04 percent to Rs. 1.221 billion

Adamjee Insurance Ltd. profits fall 65.04 percent to Rs. 1.221 billion

Jubilee Life Insurance profits rise 22% to Rs. 2.569 billion

Jubilee Life Insurance today released financial results at KSE 100

EFU Life Assurance Ltd. profits fall 3.23% to Rs. 1.812 billion

EFU Life Assurance Ltd. profits fall 3.23% to Rs. 1.812 billion

Jubilee General Insurance Company Ltd. profit falls 8.18% to Rs. 1.083 billion

JGICL today released financial results

SECP warns life insurance companies to ensure effective implementation the anti-money laundering directive

SECP warns life insurance companies to ensure effective implementation the anti-money laundering directive

SBP allows insurance companies to open policies in US dollar denomination

SBP allows insurance companies to open policies in US dollar denomination

EFU General Insurance Profit for 9MFY18 rises 8.03% to Rs. 1.86 billion

EFU General

Jubilee General Life Insurance profit for 9MFY17 rises 25.6% to Rs. 1608.48 million

Jubilee General Life Insurance profit for 9MFY17 rises 25.6% to Rs. 1608.48 million

Crescent Star Foods merges with and into PICIC Insurance Ltd.

Crescent Star Foods merges with and into PICI Insurance Ltd.

Earnings Report: Pakistan General Insurance Co. Ltd. (PSX: PKGI) today reported Financial Results for the Three and Six months ended June 30, 2017

Earnings Report: Pakistan General Insurance Co. Ltd. (PSX: PKGI) today reported Financial Results for the Three and Six months ended June 30, 2017

Banks shouldn’t ignore small businesses, farmers: President PEW

Banks shouldn’t ignore small businesses, farmers: President PEW

Premier Insurance Limited: Appointment of CEO

The SECP approves the draft Insurance Bill