Punjab Ombudsman Recovers Rs.5.6 Million in Insurance Claims for 17 Citizens
The Office of the Ombudsman Punjab on Tuesday secured the release of more than Rs.5.6 million in pending group insurance dues to 17 citizens over the past three months after intervening in complaints against government departments.
Editor
Pakistan Secures $700 Million ADB Loan for Insurance Sector Reforms
The Asian Development Bank (ADB) approved a US$ 700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan.
Mehfooz
Imran Raza Jaffry Releases His Second Book “Blueprint of General Insurance: Concepts, Practices, and Global Perspectives”
Prominent insurance professional and author Imran Raza Jaffry has officially released his latest book, Blueprint of General Insurance: Concepts, Practices, and Global Perspectives, today through Lulu with global distribution, making it accessible to readers worldwide.
Imran Raza Jaffry Publishes Influential Insurance Guide, Announces New Book on Global Practices
Imran Raza Jaffry, a seasoned professional with over 20 years of experience in risk management and underwriting, is making waves in Pakistan’s insurance sector through his insightful publications.
Aurangzeb Pledges Government’s Strong Support for Insurance Sector Growth
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reaffirmed the government’s unwavering commitment to bolstering the insurance sector, acknowledging its significant potential to attract substantial private sector investment.
SECP proposes increase in Paid-up Capital for Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has proposed to increase the minimum paid-up capital requirement for insurance companies as part of its “Insured Pakistan” initiative. The move aims to strengthen the insurance industry and as a result, provide better protection for policyholders.
Adil Aziz
Mobilink Bank introduces climate Shock insurance
Mobilink Bank, has introduced Climate Shock Insurance to protect small and medium-scale farmers and livestock owners from the escalating risks of climate change. Under the initiative, the Bank provides financial security by covering losses to crops and livestock resulting from unpredictable climate catastrophes, enabling farmers to maintain their livelihoods amid growing weather volatility.