Imran Raza Jaffry, a seasoned professional with over 20 years of experience in risk management and underwriting, is making waves…
Browsing: Insurance
The insurance sector in Pakistan plays a critical role in the country’s financial ecosystem by providing risk management, financial security,…
Facing adversity, Pakistan’s insurers innovate continuously, building robust models to empower lasting economic growth The insurance sector in Pakistan has…
Digital platforms and AI-driven underwriting are transforming insurance accessibility and operational efficiency worldwide The US leads insurance with $2.8 trillion…
Restrictions, monopolies, and tax burdens limit innovation and fair competition in Pakistan’s insurance industry The insurance industry is marred with…
Personalised health tracking, expert advice, and rewards—EFU Life WIN supports every wellness step In Pakistan, where an estimated 50% of…
Despite low penetration, Takaful, health, and microinsurance are reshaping coverage across diverse populations The concept of insurance in India predates…
Pakistan, our home, is at a crucial point in its journey. As we navigate the ups and downs of the…
Country’s underdeveloped insurance market offers opportunities through digitalization, inclusion, and policy reform The relationship between insurance penetration and economic growth…
Grassroots literacy, better outreach, and trust-building can unlock Takaful’s real potential nationwide Targeted education, tailored products, and tech-driven access can…
Low literacy, religious concerns, and mistrust leave Pakistanis reluctant to engage with insurance services Interview with Muhammad Nasir Ali Syed…
Without regulation and literacy, insurance cannot become a trusted financial safety net in Pakistan Interview with Mr. Naim Anwar —…
Takaful offers potential, but lack of knowledge, complex policies hinder adoption Interview with Mr Tariq Hussain — Corporate Laws, Taxation…
Pakistan’s insurance industry eyes transformation with tech-driven strategies and renewed government support Experts revealed that the Insurance is a fundamental…
Life Insurance Statistics, Trends & Facts (2025) Key Life Insurance Statistics: Our Top Picks The global life insurance market was…
Agriculture sector provides basic source of food for the entire population. Food provides nutrition to the human body; perform many…
The federal government of Pakistan has presented a deficit budget of Rs18,887 billion for the fiscal year 2024-25. Alongside ambitious…
Adapting to change, embracing innovation and promoting social good The insurance sector is made up of companies that offer risk…
Key recommendations for growth, awareness and collaboration for support of Takaful in Pakistan It was a dire need of Muslims…
Actuaries as catalysts for Pakistan’s insurance sector Pakistan’s insurance industry has over the years being experiencing steady growth, but it…
Insights into dynamics, regulations and future trajectories Insurance companies in the UAE have increased premiums by up to 30% after…
Farmers in Pakistan face two opposite problems with reference to the availability of irrigation water: 1) drought-like conditions if rainfall…
Advancing financial literacy can indeed pave the way for a more financially secure future for all Pakistanis Financial literacy is…
State-run health insurance plans enhance healthcare access, mitigate financial barriers and foster improved health outcomes for beneficiaries Innovative solutions help…
Building trust, bridging gaps and fostering stability for sustainable growth State-run health insurance plans hold invaluable potential benefits Interview with…
Need to enhance financial security and economic resilience through comprehensive coverage and innovative solutions State-run health insurance programmes play a…
Reshaping Pakistan’s insurance frontier Bancasslurance empowering families, expanding reach, and redefining financial security NBP introduces a range of meticulously crafted…
In 2024, international researchers have projected that the global insurance market is set to reach an impressive market size of…
Market Capitalization: Comparison Of Insurance Sector With Different Sector Sectors Market Cap On 30/06/2022 (Rs million) Market Cap On 31/03/2023…
Pakistan’s total assets of the industry up 14.5 per cent, standing at Rs 2.421 trillion The insurance sector is made…
Written By Charles Clarke Director of Insurance, International, SecurityScorecard This article is part of: Annual Meeting on Cybersecurity Cyber insurance is…
Profile Akif Zia Malik, HOD Business Solutions, TPL Insurance Having a degree of Mechanical Engineering and MBA, both from the…
Written By Daniel Murphy Risk and Resilience Specialist, World Economic Forum As climate change causes more natural disasters, the insurance industry…
The insurance industry in Pakistan is poised for rapid growth leading to greater demand for insurance products and higher rates…
Interview with Mr Shoaib Javed Hussain — Chairman, State Life Insurance Corporation of Pakistan PAGE: What are the current…
The COVID-19 crisis continues to have a significant impact on individuals, society, businesses, and the wider economy across the globe.…
Insurance is defined as a promise of compensation for specific potential future costs in exchange for a periodic payment basically…
Life insurance is a key savings and investment vehicle available to public at large and Pakistan’s low saving and investment…
The COVID-19 crisis continues to have a significant impact on individuals, society, businesses, and the wider economy across the globe.…
Interview with Dr. Syed Arif Hussain — General Manager Marketing and Compliance, Alpha Insurance Company Limited Profile: Dr. Syed Arif…
Interview with Muhammad Nasir Ali Syed — Executive Director Health & Emerging Lines, Salaam Takaful Limited PAGE: Tell me something…
Interview with Mr Naim Anwar – Chairman, Pakistan Insurance Institute PAGE: Tell me something about yourself, please: Naim Anwar: I did…
International experts recorded that the global insurance market operates in the larger macroeconomic environment and is subject to an environment…
Top 10 Costliest World Natural Disasters By Insured Losses, 2021 (US$ billions) Rank Date Country/region Event Insured loss 1 Aug.…
Banking and insurance services play a vital role in the economic development of any country. International trade, commerce and industry…
Area-yield index insurance was first developed in Sweden in the early 1950s and has been enforced in India since 1979…
With the world battling the novel coronavirus pandemic, the impact has been felt on every sector and everyday life. Perhaps…
[box type=”shadow” align=”” class=”” width=””] The Universal Insurance Company Limited – a part of Bibojee Group of Companies was established…
Health insurance is a mechanism for spreading the risk of incurring health care cost over a group of individuals or…
Interview with Dr. Syed Arif Hussain — Insurance sector expert [box type=”shadow” align=”” class=”” width=””]Profile: Dr. Syed Arif Hussain is serving…
Customer support, more awareness and digital offerings must for future growth of insurance sector Interview with Muhammad Nasir Ali Syed…
Key Information including window Takaful for the period ended March 31, 2020 (Business underwritten inside Pakistan) (PKR in ‘000) Name…
The studies revealed that insurance is one of the main and significant fields of the economy. To protect people from…
[box type=”info” align=”” class=”” width=””]by Willem Roper, Aug 15, 2020[/box] Federal pandemic unemployment benefits of $600 a week ended at the beginning of…
[box type=”info” align=”” class=”” width=””]Thomas Johansmeyer Head, Property Claim Services (PCS), Verisk[/box] As tropical storms become more likely, COVID-19 is…
Due to lockdown govt must pull Islamic Finance sector into essential services to resume its business activities PQGTL has advance…
Banks can play a key role in the growth of insurance industry in the province Larger the risk level, higher…
We are living in a fast changing environment. Every day brings new challenges requiring people to bring about changes in…
The coronavirus has presently affected more than 100,000 persons worldwide. This fast widespread of the virus impacts several business sectors…
More awareness, taking digital form and conducive environment are key to success Interview with Muhammad Nasir Ali Syed – CEO,…
Key Information For The Period Ended September 30, 2019. (Conventional & Takaful) Nos Name of Company Gross Conventional/ Takaful Premium/…
International experts revealed that it is mandatory for everyone in the developed world, to have a cover for unforeseen losses.…
The Analysis of Economic Survey of Pakistan FY2019 revealed that Prime Minister’s National Health Program (PMNHP) is a milestone towards…
Insurance is the second-largest sector in the financial industry and constitutes 5.3 percent of Pakistan’s total financial sector assets. According…
Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local…
International statistics identified that the global insurance premiums written stood US$5.2 trillion in 2018. Life premium growth was weak but…
Surging poverty levels and rising inflationary pressure have hardest hit the poor and ordinary Pakistani in the past one year.…
Interview with Mr Naim Anwar – President & CEO Crescent Star Foods Ltd PAGE: Tell me something about yourself and your…
Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local…
Over a period of time, particularly in the last decade, National Savings has transformed itself from a retail debt raising…
Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local…
There is a strong nexus of high illiteracy with high poverty in least developed Balochistan. A lethal combination of militancy…
Image source: http://dy.163.com/v2/article/detail/ Islamic finance, because of one of the Islamic doctrines. Compared with ordinary banks, Islamic does not accept or…
Insurance business generally grows on risk perception in a society. Larger the risk level, higher the growth of insurance industry.…
Interestingly, the use of technology in insurance sector is far less as compared to other industries. The insurance industry inclines…
What is Insurtech? Insurtech is an umbrella term that refers to the application of contemporary technology to create efficiencies and…
When insurance progressed considerably, insurance companies found themselves committed to huge sums having been insured. They realized that in case…
Nationwide campaign of Bahria University to promote Blue Economy Economists hold that trade deficit in the long run can drag-down…
In December of last year (2018), World Health Organisation (WHO) Regional Director Dr Ahmed Salim Saif Al-Mandhari paid a four-day…
As compared to Europe, Pakistan is a market with low insurance penetration and a limited variety of distribution channels. Bancassurance…
Interview with Mr Hasanali Abdullah — Managing Director & Chief Executive, EFU General Insurance PAGE: Tell me something about yourself…
Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar Family Takaful Limited [box type=”shadow” align=”” class=”” width=””]Profile: After completing his…
Interview with Dr. Syed Arif Hussain — a seasoned professional of East West Insurance Company Limited [box type=”shadow” align=”” class=””…
Services Sector Indicators (H1) Details FY18 FY19 Wholesale and Retail Trade (34.4%) LSM (H1; YoY growth) 6.6 -1.5 Imports (billion…
International experts presently urged that it is an exciting time in the insurance sector internationally, as insurers are spending greater…
EFU General Insurance is still very optimistic in 2019 as the management has planned to offer sustainable, profitable growth in…
The life insurance market for women is large, growing, and underdeveloped. This is particularly true for working mothers who have…
The insurance industry in Pakistan contributes almost 0.9 percent of the gross domestic product, of which Takaful industry shares 3…
Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong…