Insurance – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Sat, 16 Feb 2019 17:10:56 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 Motor Comprehensive Insurance http://www.pakistaneconomist.com/2019/01/14/motor-comprehensive-insurance/ http://www.pakistaneconomist.com/2019/01/14/motor-comprehensive-insurance/#respond Sun, 13 Jan 2019 19:49:25 +0000 http://www.pakistaneconomist.com/?p=24531 The post Motor Comprehensive Insurance appeared first on Pakistan & Gulf Economist.

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HerLife: Proposed life insurance product for working mothers http://www.pakistaneconomist.com/2018/10/29/herlife-proposed-life-insurance-product-for-working-mothers/ http://www.pakistaneconomist.com/2018/10/29/herlife-proposed-life-insurance-product-for-working-mothers/#respond Sun, 28 Oct 2018 19:52:59 +0000 http://www.pakistaneconomist.com/?p=21894 The life insurance market for women is large, growing, and underdeveloped. This is particularly true for working mothers who have a need to protect their children from unanticipated financial risks and enhances their ability to pay for long-term insurance products. The life insurance market growth for working mothers is accelerated relative to other markets, yet …

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Takaful as a shield from the risk of losses http://www.pakistaneconomist.com/2018/08/13/takaful-as-a-shield-from-the-risk-of-losses/ http://www.pakistaneconomist.com/2018/08/13/takaful-as-a-shield-from-the-risk-of-losses/#respond Sun, 12 Aug 2018 19:59:22 +0000 http://www.pakistaneconomist.com/?p=18963 The insurance industry in Pakistan contributes almost 0.9 percent of the gross domestic product, of which Takaful industry shares 3 percent of the insurance industry, whereas insurance sector in India contributes 3.8 percent of total GDP and Turkey, where the contribution is 1.45 percent of GDP. In the 200 million plus population of Pakistan, insurance …

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Takaful industry becoming greater in the world http://www.pakistaneconomist.com/2018/08/13/takaful-industry-becoming-greater-in-the-world/ http://www.pakistaneconomist.com/2018/08/13/takaful-industry-becoming-greater-in-the-world/#respond Sun, 12 Aug 2018 19:58:04 +0000 http://www.pakistaneconomist.com/?p=19022 Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong growth driven by demand from Islamic countries according to speakers at World Takaful Conference, organized recently. Gulf Cooperation Council (GCC) countries including the UAE has been major growth markets for Takaful industry, countries in South …

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EFU General – The largest and the oldest company of Pakistan http://www.pakistaneconomist.com/2018/08/13/efu-general-the-largest-and-the-oldest-company-of-pakistan/ http://www.pakistaneconomist.com/2018/08/13/efu-general-the-largest-and-the-oldest-company-of-pakistan/#respond Sun, 12 Aug 2018 19:57:08 +0000 http://www.pakistaneconomist.com/?p=19005 Today, with over 85 years of winning the customers’ trust, EFU General Insurance Limited is Pakistan’s largest and the oldest general insurer, always ready to go an extra mile to serve better. The Company has been providing the full range of insurance services to fulfill the needs of all of its customers, whether they are …

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Gwadar port and new vistas for insurance sector http://www.pakistaneconomist.com/2018/08/13/gwadar-port-and-new-vistas-for-insurance-sector/ http://www.pakistaneconomist.com/2018/08/13/gwadar-port-and-new-vistas-for-insurance-sector/#respond Sun, 12 Aug 2018 19:56:56 +0000 http://www.pakistaneconomist.com/?p=18967 By virtue of its strategic location, Gwadar Port has greater scope and tremendous potential to emerge as distribution and logistics hub in the region and since it was highlighted as the future port of global investors with bigger potential, wider scope and brighter prospects to emerge as center of trade and commerce serving at least …

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Global Takaful insurance market in high gear http://www.pakistaneconomist.com/2018/08/13/global-takaful-insurance-market-in-high-gear/ http://www.pakistaneconomist.com/2018/08/13/global-takaful-insurance-market-in-high-gear/#respond Sun, 12 Aug 2018 19:55:44 +0000 http://www.pakistaneconomist.com/?p=19016 According to a report by Dubai Center for Islamic Banking and Finance (DCIBF), the global takaful insurance market would reach US$52.5 billion by 2020. In 2015, it was estimated at $23.2 billion. After the spectacular growth asset growth of Islamic banking and finance in the past years, the Islamic insurance, or Takaful, industry, is expected …

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Increased awareness to increase penetration level of insurance industry http://www.pakistaneconomist.com/2018/08/13/increased-awareness-to-increase-penetration-level-of-insurance-industry/ http://www.pakistaneconomist.com/2018/08/13/increased-awareness-to-increase-penetration-level-of-insurance-industry/#respond Sun, 12 Aug 2018 19:54:49 +0000 http://www.pakistaneconomist.com/?p=18961 From 2001 onwards, the insurance sector saw a consistent improvement in terms of structure and growth. Specifically, higher per capita income, expansion in trade sector, and the growing private sector credit spurred the exceptional growth in the insurance sector. Importantly, this growth was broad-based, as both the life and non-life insurance sectors witnessed double-digit growth …

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Open access and studies into prospective Balochistan insurance industry http://www.pakistaneconomist.com/2018/08/13/open-access-and-studies-into-prospective-balochistan-insurance-industry/ http://www.pakistaneconomist.com/2018/08/13/open-access-and-studies-into-prospective-balochistan-insurance-industry/#respond Sun, 12 Aug 2018 19:51:09 +0000 http://www.pakistaneconomist.com/?p=18970 The risk perception — risks to life, assets and public and private properties — has been higher and widely prevalent in Balochistan where the incidents of suicide bombings and attacks on public and private properties have witnessed a phenomenal growth over the past many years. The reason is the poor law and order situation in …

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Reign of takaful business likely to take stage in next five years http://www.pakistaneconomist.com/2018/08/13/reign-of-takaful-business-likely-to-take-stage-in-next-five-years/ http://www.pakistaneconomist.com/2018/08/13/reign-of-takaful-business-likely-to-take-stage-in-next-five-years/#respond Sun, 12 Aug 2018 19:49:01 +0000 http://www.pakistaneconomist.com/?p=18986 Pak-Qatar products advocating purest form of Islamic financing to transform the social and economic system Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar Family Takaful PAGE: Tell me something about yourself and your profession, please: Muhammad Nasir Ali Syed: My nature of work involves helping people in time of dire need. There is no bigger …

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