Pakistan’s total assets of the industry up 14.5 per cent, standing at Rs 2.421 trillion The insurance sector is made…
Browsing: Insurance
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:Â 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:Â 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:Â 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…
Today, with over 85 years of winning the customers’ trust, EFU General Insurance Limited is Pakistan’s largest and the oldest…
By virtue of its strategic location, Gwadar Port has greater scope and tremendous potential to emerge as distribution and logistics…
According to a report by Dubai Center for Islamic Banking and Finance (DCIBF), the global takaful insurance market would reach…
From 2001 onwards, the insurance sector saw a consistent improvement in terms of structure and growth. Specifically, higher per capita…
The risk perception — risks to life, assets and public and private properties — has been higher and widely prevalent…
Pak-Qatar products advocating purest form of Islamic financing to transform the social and economic system Interview with Muhammad Nasir Ali…
Interview with Dr. Syed Arif Hussain — a seasoned insurance professional [box type=”shadow” align=”” class=”” width=””]Profile: Dr. Syed Arif Hussain…
Pakistan: Key financial data for the quarter ended March 31, 2018 (Non-Life Members)  S.No  Name of Companies Premium/…
During the three months period closed March 31, 2018, EFU General Insurance has announced in financial statement that the written…
Economists foresee that after Pakistan’s economy recorded a GDP growth of 5.28 percent during the year 2017 and the insurance…
For obtaining health capital in Balochistan, there is a dire need to resolve basic and pressing issues related to the…
In today’s age, advancements in medical and health science are occurring at an unprecedented pace making possible what once was…
Interview with Mr Sibtain Jiwani – (Chief Executive Officer, Smartchoice.pk) [box type=”shadow” align=”” class=”” width=””]Profile: Smartchoice.pk a startup with a vision…
Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local economy.…
The insurance industry in Pakistan is relatively small as compared to its peers in the region. The insurance penetration and…
In real life every individual and corporate entity faces certain risks. It may be true that such risk may become…
Challenges There are always lots of challenges for insurance industry in emerging markets. Most of the challenges are different with…
According to Milliman the world’s largest providers of actuarial and related products and services Pakistan’s insurance sector has witnessed continued…
Problem & context Remittances represent significant financial flows between both developing and developed countries that have rapidly increased in volume…
Pakistan is an underdeveloped country where nearly 40 percent of its population lives below poverty line. The low income groups…
We are in the business of providing a full range of non-life insurance products and services customized to meet the…
Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local…
China: (Shareholding rules for insurers to take effect on April 10) China formally introduced new rules to restrict the ownership…
Interview with Mr Mahmood Lotia — Senior Deputy Managing Director, EFU General Insurance Limited PAGE: Tell me something about yourself…
Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar Family Takaful Limited PAGE: Tell me something about yourself and your…
STATISTICS FOR THE NINE MONTH PERIOD ENDED 30 SEPTEMBER 2017 (Non-Life Members) Â (Rs in ‘000) S.No Company Premium written Net…
Global insurance industry experts revealed that the international insurance industry is probable to see slightly increased growth by 2018. Better…
No doubt, some economic managers of Pakistan urged that the general insurance sector’s performance is strongly correlated to economic growth.…
[dropcap]T[/dropcap]hough health sector remained the focus of welfare programs launched by every government in the past, but the leakage, misuse…