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Tag Archives: Insurance

Insurance in Pakistan (Facts & Figures)

GAS - CNG, LPG, LNG (Facts & Figures)

STATISTICS FOR THE NINE MONTH PERIOD ENDED 30 SEPTEMBER 2017 (Non-Life Members)  (Rs in ‘000) S.No Company Premium written Net Premium Revenue Net Claims Net Commission (Income)/ Expense Management Expenses Gen.Admin, financial and other exp Investment Income/ (Loss) A B-2016 …

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Mitigation of emerging risks

Mitigation of emerging risks

In Pakistan, penetration of insurance is very low, which is evident from huge economic losses caused by various eventuality, but paltry claims paid by the insurance companies. This is not an exaggeration, but an expression of the harsh reality. Three …

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Need to strengthen the reinsurance segment

Need to strengthen the reinsurance segment

When insurance accelerate considerably, insurance companies find themselves-committed to huge sums having been insured. They realized that in case of a huge loss, they would go bankrupt. Therefore, the need of reinsurance was felt very keenly, and it came into …

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