Public Sector Insurance Companies in Pakistan: A Tale of Resilience and Growth
Dr. Ejaz informed the meeting that Pakistan’s public-sector insurance companies, namely, State Life Insurance Company, National Insurance Company and Pakistan Reinsurance Company, have been an engine of growth for the performance of insurance industry in Pakistan.
Adil Aziz
PSX marks WIW 2023 with gong ceremony
Pakistan Stock Exchange along with numerous other exchanges and organisations across the world marked World Investor Week (WIW) 2023 through a gong ceremony held at PSX. The World Federation of Exchanges (WFE), of which PSX is an Affiliate Exchange, spearheads the WIW, the WIW is being held from October 2– 8, 2023. PSX is holding…
SBP launches ‘Diamond’ category of Sohni Dharti Remittance Program
In a bid to further encourage remittances through formal channels, the State Bank of Pakistan, launched a new ‘Diamond’ category of the Sohni Dharti Remittance Program (SDRP) that offers enhanced points and additional benefits to remitters. The category will be effective from September 22, 2023, in addition to existing three- Green, Gold and Platinum- categories…
State Life Insurance Company agrees to continue Health Cards facilities
The State Life Insurance Company agreed to provide services on health facility cards by restoring treatment on Health Card by August 31. In this connection the State Life Insurance Company has informed Chief Executive Officer Health Card Plus of their decision as the premium under the program has increased to Rs 85.3 billion with Rs…
President directs SLICP to pay interest to an insurance policy holder
President Dr Arif Alvi has directed the State Life Insurance Corporation of Pakistan (SLICP) to compensate an insurance policy holder by paying the interest due in accordance with the prevailing rate as it had delayed payment of the maturity claim to the complainant without giving any reason. he president in his decision observed that the…