According to Milliman the world’s largest providers of actuarial and related products and services Pakistan’s insurance sector has witnessed continued growth momentum in 2016 while similar growth is expected to be carried forward into 2018. With the appropriate regulatory environment …
Read More »New insurance products for home remittances business
Problem & context Remittances represent significant financial flows between both developing and developed countries that have rapidly increased in volume in recent years. The global sum of remittances currently equals three times of all official development aid worldwide, reaching over …
Read More »Urgency of health insurance plans for poverty cutback
Pakistan is an underdeveloped country where nearly 40 percent of its population lives below poverty line. The low income groups of people cannot afford to set aside some cash for their health expenses on monthly basis. The majority of population …
Read More »Company Profile: EFU General Insurance Limited
We are in the business of providing a full range of non-life insurance products and services customized to meet the varied needs of a wide spectrum of businesses and industrial clients as well as individuals, providing Property, Marine, Aviation, Motor …
Read More »Problems for micro-insurance schemes linger
Role of Jubilee Life Insurance for community-based health insurance facilities appreciable The claim to health is an economic, social and cultural right to which all individuals are entitled. Pakistan is far from providing this right to millions of its residents, …
Read More »What hampers the growth of insurance industry in Balochistan?
Though Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local economy. Balochistan is the country’s poorest province. Lack of awareness about the insurance business has been the biggest constraint in …
Read More »Pak-Qatar Family Takaful Ltd – An innovative Takaful mainstay
Pak-Qatar Family Takaful Limited (PQFTL), the first and largest dedicated Family Takaful Company in Islamic finance industry. PQFTL is a progressive and a technology-driven Shariah-compliant company providing innovative Takaful solutions in Pakistan since 2007. PQFTL is the fastest growing Family …
Read More »Al Baraka Banking Group and Six of its units win Islamic Finance News Awards for 2017
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) announced that the Group and six of its units won Islamic Finance News Awards 2017 through the annual comprehensive referendum conducted by the Islamic Finance News magazine. …
Read More »Latest insurance progress in China, India, Bangladesh And Australia
China: (Shareholding rules for insurers to take effect on April 10) China formally introduced new rules to restrict the ownership of big shareholders in insurance companies as it seeks transparent shareholding structures to eradicate control of insurance companies by unknown …
Read More »PSL — The biggest cricketing event of Pakistan
With its third edition underway in full swing, the Pakistan Super League has gained the status of a festival in the United Arab Emirates (UAE) and Pakistan after successful holding of two editions of the same earlier. On one hand, …
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