Challenges There are always lots of challenges for insurance industry in emerging markets. Most of the challenges are different with…
Browsing: Insurance
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) (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…
[box type=”info” align=”” class=”” width=””] Mr. Sohel N. Kidwai Chief Executive Officer[/box] HISTORY OF THE PROJECT [dropcap]S[/dropcap]haheen Insurance Company Limited…
[dropcap]I[/dropcap]n Pakistan, penetration of insurance is very low, which is evident from huge economic losses caused by various eventuality, but…
IMPORTANCE OF INSURANCE [dropcap]B[/dropcap]roadly, there are two main channels through which the insurance sector can help the economic and social…
[dropcap]W[/dropcap]hen insurance accelerate considerably, insurance companies find themselves-committed to huge sums having been insured. They realized that in case of…
[dropcap]I[/dropcap]n the third world country like Pakistan, no one can deny the importance of health insurance scheme for the poor…
Jubilee Life and EFU Life leading the sector remarkably Diversified products added for further development of the sector [dropcap]L[/dropcap]ife insurance…
[dropcap]I[/dropcap]nsurance companies are termed as the largest investors in capital markets, in addition to being characterized as the sole suppliers…
[dropcap]A[/dropcap]griculture is the backbone of Pakistan’s economy. Nearly 65% of the total population is involved in agriculture. Cotton one of…
[dropcap]T[/dropcap]he former prime minister Nawaz Sharif has launched a state-run health insurance program and described it as the first step…
[dropcap]I[/dropcap]nsurance business generally grows on risk perception in a society. Larger the risk level, higher the growth of insurance industry.…
GENERAL INFORMATION [dropcap]P[/dropcap]akistan Reinsurance Company Limited (PRCL) is a public sector company under the administrative control of the Ministry of…
Interview with Dr Syed Arif Hussain – CEO, Excel Insurance Company Limited [box type=”shadow” align=”” class=”” width=””]PROFILE: Dr Syed Arif…
Interview with Mr Hasanali Abdullah — Managing Director, EFU General Insurance Ltd and Chairman, Insurance Association of Pakistan [box type=”shadow”…
THE KEY INFORMATION OF LIFE INSURANCE COMPANIES (quarter ender 31 March 2017)div S.No. Name of company Total gross Premium Total…
[dropcap]P[/dropcap]akistan’s insurance industry is comparatively small compared to other regional and developing states despite the sector having huge potential for…
[dropcap]E[/dropcap]conomists believe that a well-organized and professionally working insurance industry in any state can perform significantly in the social and…
[dropcap]T[/dropcap]he concept of Islamic finance firmly and wholly required in Balochistan for the promotion of Islamic banking and insurance industry.…
Life insurance against non-life segment taking much interest [dropcap]T[/dropcap]he insurance market in Pakistan is poised for rapid growth as the…
[dropcap]T[/dropcap]here is huge potential for growth for the insurance industry in the country, both life and general. With rising cost…
[dropcap]H[/dropcap]aving largest Pakistan economy, Sindh is the second largest province of Pakistan population wise after Punjab. Being historically home to…
[dropcap]A[/dropcap]gricultural insurance is undeveloped in Pakistan. Livestock insurance was the first as crop insurance is new and was introduced in…
[dropcap]P[/dropcap]akistan health sector remained in a disastrous position in its entire history. Pakistan’s successive governments have not given any due…
Interview with Mr. Ihtsham Ul Haq Qureshi, CEO – Asia Insurance Company Limited ACHIEVEMENTS IN 2016: 1- Completion of company’s…
Interview with Mr Naim Anwar — Managing Director & CEO, Crescent Star Insurance Limited [box type=”shadow” align=”” class=”” width=””]Profile Mr…
Interview with Mr Tariq Hussain — Expert insurance industry [box type=”shadow” align=”” class=”” width=””]Profile Professional Qualification: FCMA, FCIS, FPA, CMILT-(UK)…
INSURANCE SECTOR IN PAKISTAN DURING NINE MONTH PERIOD ENDED SEPTEMBER 30, 2016 (Non-Life Members) (PKR in ‘000) S.No Name of Companies…
[dropcap]P[/dropcap]akistan’s Insurance sector is relatively small compared to its peers in the region. The insurance penetration and density stayed very…
[dropcap]I[/dropcap]n 1990, the Government of Pakistan reopened the life insurance business to the private sector organizations and EFU Life Assurance…
[dropcap]T[/dropcap]he United Insurance Company of Pakistan Limited (UIC) was established during 1959 and was operational in Pakistan counting East Pakistan…