insurance
ADB Approves $700 Million to Reform Pakistan Insurance Sector
The Asian Development Bank (ADB) has approved a $700 million loan to modernise the struggling insurance sector of Pakistan and reduce significant financial vulnerabilities. Currently,…
Senate Panel Approves Tax On Insurance Profits in Finance Bill
The Senate Standing Committee on Finance has approved proposals to impose a tax on profits earned from insurance policies, as part of the ongoing review…
Pakistan Introduces Insurance Bill 2026 to Digitize & Open Market
The Federal Government introduced the Insurance Bill 2026 in the National Assembly today, May 19. This crucial legislation will make insurance services simpler, faster, and…
New Insurance Law Tabled to Replace 25-Year-Old Rules
The federal government has tabled the Insurance Bill 2026 in the National Assembly, marking the most significant overhaul of its insurance sector in 25 years.…
State Life Pakistan’s Digital Infrastructure Allegedly Exposed Due to Major Security Misconfigurations
Pakistan’s largest life insurance corporation, the State Life Insurance Corporation of Pakistan, is facing serious cybersecurity concerns after an independent security researcher claimed multiple public-facing…
Punjab Becomes First Province to Launch General Insurance Company
Punjab has become the first province in Pakistan to establish a general insurance company, marking a historic shift in public sector financial services across the…
Sindh Makes Third-Party Motor Insurance Mandatory for All Vehicles
The Government of Sindh has officially introduced amendments to the Motor Vehicles (Amendment) Act, 2026. This significant move makes third-party motor liability insurance mandatory for…
Takaful Sector Grows Rapidly in SECP 2024 Insurance Report
The takaful sector in Pakistan’s insurance industry demonstrated remarkable growth in 2024, according to the SECP Insurance Industry Statistics report. Family takaful contributions rose 37%…
Suzuki launches all-in-one Car Insurance for Pakistani Drivers
Pak Suzuki Motor Company (PSMC) today introduced its All-in-One Car Insurance program. Suzuki buyers can now get comprehensive coverage at competitive rates, online policy issuance,…
TPL Life onboards15,000 Potential Life Insurance Agents on “Muavin” – Pakistan’s First Virtual Life Insurance Agent Platform!
TPL Life Insurance Limited, Pakistan’s 1st InsurTech enterprise in the innovative insurance business, has launched the country’s most revolutionary Virtual Life Insurance Agent Learning &…
Jubilee Life Insurance & Easy Insurance sign agreement
Jubilee Life Insurance, Pakistan’s leading insurance provider in the private sector is partnering with EasyInsurance.com.pk, the country’s fastest-growing insurance aggregator to offer cutting-edge insurance policies…
Pak Qatar Takaful has signed an Agreement with Machinesells.com
Pak Qatar General Takaful Limited has signed an agreement with Machinesells.com, Pakistan’s first and largest industrial and digital machinery trading platform. Through this strategic alliance,…
Buying an insurance plan in a few minutes is now possible
We often find ourselves asking whether purchasing insurance policies is really that important? What do we stand to lose if we do not buy insurance…
