With the world battling the novel coronavirus pandemic, the impact has been felt on every sector and everyday life. Perhaps one of the biggest effects of this pandemic has been on the financial services industry and the insurance industry. In …
Read More »The Universal Insurance Company Limited
Currently he is a Chief Executive Officer of the Universal Insurance Company Limited. Mr. Gohar Ayub Khan is a Pakistani politician, business oligarch, retired army officer, who held many ministerial positions in different Ministries of Govt. of Pakistan. He …
Read More »Implementation and utilization challenge of health insurance sector in Pakistan
Health insurance is a mechanism for spreading the risk of incurring health care cost over a group of individuals or household protecting the individual from the catastrophic financial loss in the event of serious illness. The major components of health …
Read More »Insurance sector can take best benefits under exciting Pakistan economy ahead
Interview with Dr. Syed Arif Hussain — Insurance sector expert PAGE: What is the current state of the insurance sector in Pakistan? Dr. Syed Arif Hussain: The potential of insurance growth in Pakistan is too much in all areas of insurance …
Read More »COVID-19 improves rebound hope for insurance/takaful in medium to long-term
Customer support, more awareness and digital offerings must for future growth of insurance sector Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar General Takaful Limited PAGE: Tell me something about yourself: Muhammad Nasir Ali Syed: I am vision-oriented person and …
Read More »Insurance Industry (Facts & Figures)
Key Information including window Takaful for the period ended March 31, 2020 (Business underwritten inside Pakistan) (PKR in ‘000) Name of Companies Premium/ Contribution Premium Written Contribution underwritten Total Premium incl. Takaful Cont Net Premium Revenue Net Contribution Revenue Tot. …
Read More »Review of Pakistan’s insurance sector
The studies revealed that insurance is one of the main and significant fields of the economy. To protect people from risks and from dangers is the main part of the insurance. As we know in modern period there are too …
Read More »Tens of Millions Still Relying on Unemployment Insurance
Federal pandemic unemployment benefits of $600 a week ended at the beginning of August, leaving many in the U.S. desperate for an extension or a new form of income. Despite pleas from Americans to extend the insurance due to continued job losses …
Read More »How is COVID-19 affecting claims handling for hurricane damage?
As tropical storms become more likely, COVID-19 is changing the ways resulting insurance claims are handled. New tools and practices can help insurers work within physical distancing guidelines, for example. A survey of claims-related organizations reveals how the sector plans …
Read More »Under covid-19 test takaful/conventional insurance industry needs digital lifeline
Due to lockdown govt must pull Islamic Finance sector into essential services to resume its business activities PQGTL has advance technology to ensure its availability and continuity of services Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar General Takaful …
Read More »Larger the risk level, higher the growth of insurance industry in Balochistan
Banks can play a key role in the growth of insurance industry in the province Larger the risk level, higher the growth of insurance industry. The risk perception — risks to life, assets and public and private properties — has …
Read More »Give your inheritors a gift of life insurance
We are living in a fast changing environment. Every day brings new challenges requiring people to bring about changes in their lives. All this is because of tough competition forcing people to find out new ways and means to grow …
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