Tag: Insurance
Two-day workshop held on inclusive insurance
LAHORE: Pakistan Microfinance Network (PMN) and the Microinsurance Network (MiN) jointly organised a two-day workshop on ‘Increasing Access to Inclusive Insurance’ at a local hotel...
President Mamnoon for resolution of public issues on doorsteps
ISLAMABAD: President Mamnoon Hussain on Tuesday stressed that further steps should be taken to address the complaints of the public so that their problems could be...
NA passes three bills, defers one legislative proposal
ISLAMABAD: The National Assembly (NA) passed three government bills on Wednesday including the Federal Employees Benevolent Fund and Group Insurance (Amendment) Bill, 2017, the...
Trump likely to remove healthcare provision in Senate tax bill: aide
WASHINGTON: US President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the...
Accessibility, capacity concerns curtail Islamic insurance: survey
Demand for Islamic insurance (Takaful) products is strong yet accessibility and capacity are among the most pressing issues facing the sector, an industry-wide survey...
Punjab govt announces group insurance for employees
Punjab government has decided to introduce a group insurance scheme for government employees across the province, including the Rawalpindi district.
As per the scheme, government...
IGI Insurance Limited becomes ACCA approved Employer
IGI Insurance Limited is now an ACCA Approved Employer- Platinum Level for Trainee Development stream. A Certificate presentation ceremony was held at IGI Insurance’s...
Are your genetically insured?
Insurance companies yet to take into account genetic disorders
Despite steady surge in varied genetic disorders in the country, the local health insurance companies are...
Misappropriation of insurance funds – just an ethical issue?
HR DMD ‘illegally’ transfers Rs 300,000 to his personal account for father’s medical treatment
PEF employees deprived of emergency health insurance funds
HR DMD returns money,...
CJP asked to save banks, insurance sector from plunder
The Pakistan Economy Watch on Saturday asked the Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry to take note of the highhandedness of State...
Takaful rules 2012, an opportunity for insurance under Shariah
Conventional insurance companies can open window operations of Takaful by taking benefit from Takaful rules 2012, announced by Securities and Exchange Commission of Pakistan...
Health rights?
Time for a deeper debate on the topic
Some time back a doctor friend, who works at a large public hospital, called us to ask...
Mom posed as dead son to collect insurance money
A woman pleaded guilty to pretending to be her dead son in order to set up an insurance policy and then collect a payoff....
ICIEC provides $3b in Export Credit Insurance
The Board of Governors of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank (IDB) Group,...
New solvency regime for insurance companies
By amending the Solvency Regime, Securities and Exchange Commission of Pakistan (SECP) board approved Fit and Proper criteria for the appointment of Chief Executive...
Insurance and Shari’a
With the widespread availability of financing after the liberalisation of financial sector, insurance is fast becoming a necessity in Pakistan. Car financing, for example,...
SECP finalises new solvency rules for insurance companies
The Security and Exchange Commission of Pakistan (SECP) on Monday has finalised new solvency rules for insurance companies that will be notified soon. SECP...