CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”
The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review.
Adil Aziz
SECP facilitates landmark foreign direct investment in Pakistan’s insurance sector
The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited.
Mehfooz
PTCL Group & TPL Insurance Partner to Enable Device Financing for Enterprises through Financial Guarantee Framework
PTCL Group (PTCL & Ufone 4G), has partnered with TPL Insurance to launch a groundbreaking financial guarantee system aimed at adoption of digital tools, handhelds and IoT equipment across industries and organizations irrespective of their size.
Insurance Companies, CDC ink MoU to establish Pakistan’s first Auto Insurance Repository
Under the regulatory guidance of the Securities and Exchange Commission of Pakistan (SECP), nine insurance companies have signed an MoU with the Central Depository Company of Pakistan (CDC) for the establishment of Pakistan’s first centralized auto insurance repository. The CDC will provide the technological support for the creation of an automated repository.
Pink Riders and TPL Insurance Launch Groundbreaking Bike Insurance Product
Pink Riders, a leading organ’ization empowering women rider in Pakistan, and TPL Insurance, one of the country’s largest insurance companies, today announced the launch of a groundbreaking bike insurance product that redefines the industry. This innovative offering combines motorcycle insurance with an additional layer of breast cancer coverage. The partnership emphasizes the importance of bike…
TPL Insurance Limited – Window Takaful Operation, and HBL Islamic Partner to Offer Seamless Takaful Coverage for Car Finance Customers
TPL Insurance – WTO, a leader in premium insurance and Takaful services, is excited to announce a strategic collaboration with HBL Islamic Banking. This partnership is set to redefine Takaful coverage for HBL Islamic Car Finance clients, delivering top-tier Auto Takaful solutions to the Pakistani market. A key feature of TPL Insurance – WTO’s Takaful…
CCP approves two mergers – home health care, insurance sectors
The Competition Commission of Pakistan (CCP) has granted approval to two mergers in-home healthcare services and non-life insurance sectors. The approvals were granted following the successful completion of Phase-1 competition assessment, conducted in accordance with Section 11 of the Competition Act, 2010, said a press release issued. The CCP approved the merger application filed by…
TPL Insurance Limited to Acquire Assets and Liabilities of New Hampshire Insurance
TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors’ approval of a draft Scheme of Arrangement under Section 279 to Section 282 and Section 285 of the Companies Act, 2017. The scheme outlines the acquisition of the assets and liabilities of the Pakistani Branch of New Hampshire Insurance…
TPL Insurance (WTO) and Takaful Bazaar Partner to Offer Shariah Compliant Services
TPL Insurance Limited – Window Takaful Operations (WTO), one of the leading insurance providers in Pakistan, has partnered with Takaful Bazaar, an upcoming Takaful digital platform, to offer shariah-compliant services to customers. The partnership aims to promote and offer Shariah Compliant products and smooth the customer handling journey via technology en-ablement. At an exclusive event…
SECP for effective implementation of Motor Third Party Liability Insurance
The Securities and Exchange Commission of Pakistan (SECP) has formed a working group to explore the possibilities and mechanism for effective implementation of “Motor Third Party Liability (TPL) Insurance” in the country. The group, comprises industry experts, representatives of Insurance Association of Pakistan (IAP) and SECP officials, will formulate a detailed proposal for effective implementation…
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