insurance News

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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...

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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..

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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...

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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...

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SECP revamps format to ensure clearer insurance Information

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

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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...

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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...

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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"...

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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....

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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...

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