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Mar 2024

PII International insurance: Interview with SECP Chairman - Pakistan: Slow but steady growth

Source: Asia Insurance Review | Apr 2015

With a population of over 180 million people, the Pakistani insurance market offers huge potential as insurance penetration is just 1.73% of GDP. Gross premiums amounted to PKR100.7 billion (US$990 million) in 2010 and reached PKR176.5 billion in 2013 which translates into the compound annual growth rate of 20.55% for the last three years.

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