The Securities and Exchange Commission of Pakistan, the country's insurance regulator, has issued a consultation paper proposing measures to promote shariah-compliant intermediaries in the capital market.
Total premiums in the Middle East and Pakistan (MEP) are expected to grow by 5.4% in real terms this year, after peaking at 8.7% in 2024, says a new report by global reinsurance giant Swiss Re.
The SAFCO Microfinance Company and Asia Insurance Company have signed a service level agreement to launch a bundled livestock protection and social benefit programme in the country.
Securities and Exchange Commission of Pakistan (SECP) commissioner Mujtaba Ahmad Lodhi along with officials from the Insurance Division and senior representatives of the insurance industry, attended a meeting chaired by Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla.
The Pakistan non-life insurance sector is seeing strong growth from strong underwriting performance and robust investment returns.
Pakistan's insurance regulator, the Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper eliciting public input on a proposed policy framework for the issuance of ordinary shares with varied rights and privileges by companies.
The Securities and Exchange Commission of Pakistan (SECP) has amended the General Takaful Accounting Regulations, 2019, for takaful companies to disclose their takaful results in their published financial statements.
China and UNDP have launched the 'Tailored Intelligence for Actionable Early Warning Systems' (TIAEWS) project for Pakistan. The initiative aims to strengthen Pakistan's capacity to anticipate and respond to climate change impacts and become more resilient.
The insurance regulator has recommended major amendments to strengthen the insurance industry's risk absorption capacity, bolster financial stability, and provide greater protection for policyholders.
Pakistan's fertiliser company Fauji Fertilizer Company (FFC) and Adamjee Insurance Company have reached an understanding about launching a comprehensive crop protection insurance initiative.