Adamjee Life to Enter Pension Fund Management Sector Under VPS Rules
Adamjee Life Assurance Company has announced plans to diversify into pension fund management after board approval, subject to regulatory clearance from SECP.
Jazz International Holding to Acquire TPL Insurance Shares, Superseding VEON Group
Jazz International Holding Limited confirms acquisition of shares and control of TPL Insurance, replacing VEON Group. Addendum filed under Securities Act 2015 and Substantial Acquisition Regulations 2017.
Askari Life Returns to Profit as Strong Premium Growth Lifts Insurance Margins
Askari Life Assurance Company Ltd has returned to profitability in 2025, driven by strong growth in premium income and improved insurance margins after several loss-making years.
Punjab Life Insurance Appoints New CEO to Drive Innovation and Growth in Pakistan’s Insurance Sector
Punjab Life Insurance has appointed its new Chief Executive Officer, marking a key milestone for the company as it aims to advance innovation, strengthen customer value, and enhance insurance effectiveness across Pakistan.
VEON Group Plans TPL Insurance Acquisition to Strengthen Pakistan’s Financial Services Landscape
VEON Group has announced plans to acquire TPL Insurance Limited, marking its entry into Pakistan’s insurance sector. The deal, subject to regulatory approvals, could reshape financial services by integrating telecom and insurance under one digital ecosystem.
Federal Cabinet Extends Shoaib Javed Hussain’s Tenure as CEO of State Life Insurance Corporation
Shoaib Javed Hussain’s reappointment as CEO of State Life Insurance Corporation signals continued growth and innovation, with a record-setting 300% profit increase and strong digital transformation efforts under his leadership.
Sharjeel Shahid Takes Helm as CEO to Drive Technology-Focused Growth and Partnerships
Sharjeel Shahid joins as CEO to lead market expansion, technology-driven customer initiatives, and collaborative partnerships, marking a significant step in shaping the future of the insurance landscape.