Commerce ministry removes CEO, nine senior officials of NICL over allegations
ISLAMABAD: The Ministry of Commerce has now removed Chief Executive officer (CEO) and nine senior officials of National Insurance Company Limited (NICL)...
SECP withdraws condition on Mutual Fund Industry to have 5pc cash liquidity
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has withdrawn the condition on Mutual Funds of keeping 5 per cent cash with...
SECP warns life insurance companies to adhere to anti-money laundering directive
ISLAMABAD: The Insurance Division of Securities and Exchange Commission of Pakistan (SECP) carried out a thematic review of the implementation of SRO...
FIA’s fake report in NICL money scam case challenged in SHC
KARACHI: Despite the request made by the National Accountability Bureau (NAB) for handing over the National Insurance Corporation Ltd (NICL) money scam...
Arif Habib Ltd to partner with Marco Polo for marketing Pakistani offerings
Lahore: Pakistan’s leading investment and securities firm Arif Habib Limited (AHL) has joined the global marketing and distribution platform of Marco Polo...
EFU life insurance reports profit of Rs773.8m for Jan-June 2017
Karachi: In a notification sent to the bourse on Wednesday, EFU Life Insurance Limited reported its earnings for the half-year ended on...
MSCI Pakistan promotion to result in more cash inflows says: WSJ
NEW YORK - Index provider Morgan Stanley Capital International’s (MSCI) recent reclassification of Pakistan as an emerging market from frontier market status...
Younus Dhaga visits State Life’s principal office; holds discussions with top management
The Federal Secretary for Ministry of Commerce, Mr Muhammad Younus Dhaga visited State Life Insurance Corporation of Pakistan, Principal Office, Karachi on...
State Life says not affected by WannaCry ransomware
In the last week, a massive attack of ransomware malware had affected thousands of computers across the world. There have been some...
Sindh Insurance Limited achieves A+ rating
The Sindh Insurance Limited ‘IFS rating’ has been upgraded by the Pakistan Credit Rating Agency (PACRA) to “A+”.
This is the one of...