Listed non-life insurance sector sees 35% profit growth in 2024: report
Strong underwriting performance and robust investment returns fuel insurance sector expansion
Federal Insurance Ombudsman provides financial relief of Rs2.32 billion to policyholders in 2024
FIO tackles insurance fraud, while FOSPAH resolves 82% of property deprivation cases; annual report presented to President ZardariÂ
SECP approves major amendments to insurance regulatory framework
Amendments aim to strengthen insurance industry’s risk absorption capacity, bolster financial stability, and provide greater protection for policyholders
Adamjee Insurance faces half-billion-rupee loss from Dubai floods
The company’s Pakistan operations remained profitable, but losses from its UAE auto business severely dampened overall net income
SECP evaluates centralised insurance bureau to boost digitalisation in Pakistan’s insurance sector
Survey reveals that major insurance companies have yet to take important steps required for digitisationÂ
Nine insurance firms, CDC ink MoU to establish Pakistan’s first auto insurance repositoryÂ
Digital auto insurance repository will facilitate data-centric decision-making and fundamentally change the way auto insurance is underwritten in the countryÂ
CCP initiates competition assessment of insurance sector under IMF’s PIMA framework
Examination aims to scrutinise competitive terrain and detect any anti-competitive practices
Oil prices fall as economic growth worries spread
International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close
Cost to insure Tesla debt reaches highest price ever
It cost about $71,300 to insure $1 million of the electric carmaker’s debt, plus an upfront cost of around 22.45 percent, which was also at an all-time high, representing a total of 29.58 percent of the face value of the company’s 2025 junk bond, or around $295,000
TPL Life: A matter of perception
TPL-Life pioneering of instant scratch card concept life and health insurance backed by technology and ease of enrolment is a source of pride for the company
Why funding is no object for Pak-Qatar Investment
Backed by very strong sponsors, from amongst Qatar’s royals, the company has never faced any issue in calling capital
Market Daily: PSX rallies up as rupee devalues
LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...
FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman
KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...
Global insurers start offering services against cryptocurrency theft
NEW YORK: Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...
NADRA reduces microfinance verification cost under NFIS
ISLAMABAD:Â National Database and Registration Authority (NADRA), on the recommendation of Technical Committee on Insurance, formed under the National Financial Inclusion Strategy (NFIS),...