Pakistan’s Non-Life Insurance Market Nears $1 Billion as Digital and AI Opportunities Expand
TPL Insurance CEO Muhammad Aminuddin said Pakistan’s non-life insurance market is estimated at $1 billion, with digitalisation, artificial intelligence and emerging asset classes creating new opportunities.
SECP Introduces Standardized Financial Statement Formats for Life and Non-Life Insurers
The Securities and Exchange Commission of Pakistan has rolled out new financial statement formats for life and non-life insurance companies, aligning the sector with IFRS 17 standards and global reporting practices.