Insurance Association of Pakistan Elects New Executive Committee for 2026-28
The Insurance Association of Pakistan has elected its Executive Committee for 2026-28, with Kamran Arshad Inam serving as Chairman alongside newly elected office bearers and members.
Shaheen Insurance Selects Delta IFRS 17 Solution From Prima Consulting
Shaheen Insurance has signed an agreement with Prima Consulting to adopt Delta, an IFRS 17 compliance platform, ahead of its first year-end reporting under the new standard.
Askari Life Assurance Completes 51% Share Transfer From AWT To Fauji Foundation
Askari Life Assurance Company Limited has completed the transfer of 51% of its issued and paid-up share capital from Army Welfare Trust to Fauji Foundation, with the transaction completed on August 28, 2026.
SECP Proposes New Insurance Rules to Strengthen Policyholder Protection
SECP has proposed Market Conduct Rules 2026 for insurance companies, introducing claim settlement deadlines, faster policy issuance and penalties for violations.
Securities and Exchange Commission of Pakistan Amends Regulations to Enable Bank-Based Digital KYC for Investors
SECP Commissioner Dr. Kabir Sidhu outlines updated anti-money laundering rules that permit investment onboarding via verified bank account numbers.
Pak Qatar Family Takaful Limited Secures International Innovation Honor at London Summit
Pak Qatar Family Takaful Limited wins a global award at the International Takaful Summit in London for advancing Shariah compliant financial solutions.
ADB Approves 700 Million Dollar Loan to Overhaul Pakistans Insurance Sector
The Asian Development Bank has sanctioned a seven hundred million dollar loan to modernize Pakistans insurance market and boost climate resilience.
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.