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Author Archives: editor

State-Life-Convention end Slic earns Rs76bn in 2016

Chairman addressing the State life Convention participant said that State Life secured 1st Year premium including renewal, which has increased from Rs. 69 billion to Rs.76 billion; showing an increase of 10.38 percent in the year 2016; has paid total amount of Rs.16.5 billion against all claims, thus providing financial protection and savings to millions of valued policy-holders and their families nationwide. State Life has procured new premium of 3 million (USD) in Gulf region covering Kuwait, UAE and Saudi Arabia in the year 2016. The marketing force of State Life has extended financial protection to 636,183 families nationwide during the year 2016. Total number of in-force policies till the end of 2016 are 5.5 million. Read More »

IGI life and Soneri bank Singn Bancatakaful agreement

IGI Life under its Window Takaful Operations and Soneri Bank signed a Bancatakaful Distribution agreement under which IGI Life’s takaful products will be distributed using Soneri Bank’s branch network. The signing ceremony was held at Soneri Bank’s head office in Karachi on Wednesday, September 21, 2016. Soneri Bank was represented by its Chief Operating Officer Mr. Amin A. Feerasta and ... Read More »

10 Best Digital Pianos Under $1000 Review Of 2017

Regardless of whether you’re a specialist artist or a yearning one, how about we simply confront the way that contributing for a piano player as a vocation could get truly costly. The main best pianos you have experienced perhaps valued higher than a fantastic that is the reason you chosen to look at best computerized pianos that are evaluated lower ... Read More »

Jubilee General Insurance and CarFirst Joins Hands

CarFirst – Pakistan’s leading used-car trading platform has entered into a cross-selling partnership with Jubilee General Insurance for sale of auto-insurance to its customers and its strategic partners. The agreement signing ceremony was held at CarFirst’s Head Office on 12th September 2017. Auto-insurance will be available at all CarFirst purchase centers from 1st October, 2017. The aim of this partnership ... Read More »

Zafar Hijazi SECP chairman arrested for tampering

SECP chairman Zafar Hijazi arrested for tampering with record of Sharifs’ companies.Federal Investigation Agency (FIA) on Friday arrested Security & Exchange Commission of Pakistan (SECP) chairman Zafar Hijazi from outside a special court in Islamabad after his bail application was rejected. The SECP chairman faces charges of tampering with records of Sharif family’s companies. The joint investigation team (JIT) – ... Read More »

Pakistan’s insurance industry boost with CPEC

The China-Pakistan Economic Corridor (CPEC) will provide new opportunities for the local insurance industry especially the non-life sector, the State Bank of Pakistan (SBP) said in its annual Financial Stability Review 2016. “Pakistan is expected to witness continued growth in almost all sectors of the insurance industry with significant growth expected in the Takaful segment,” said the report. However, the ... Read More »

Basheer A Chowdry elected NBFI &Modaraba Association Chairman

The chief executive of Trust Modaraba, Basheer A Chowdry has been elected as Chairman, Muhammad Naimuddin Farooqui, chief executive, Sindh Modaraba as Senior Vice Chairman and Dr Fakhara Rizwan, company secretary, ORIX Leasing Pakistan Limited as Vice Chairperson of NBFI & Modaraba Association of Pakistan for the year 2017-18. This was announced by Jalaluddin Ahmed, election commissioner, in the 7th ... Read More »

FEATURED, SMARTPHONE 3 Apps To Watch Live Cricket Streaming

Cricket fever is all around! With T-20 World Cup officially going on and numerous different competitions to take after, all cricket fans can barely wait to watch them live! Be that as it may, not every person is sufficiently lucky to take after the matches on substantial TV screens. However, in the event that you would prefer not to miss ... Read More »

Pak Qatar Family Takaful assigns positive outlook

Pak Qatar Family Takaful assigns positive outlook by JCR-VIS Credit Rating Company.JCR-VIS assigns positive outlook to,JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has maintained the Insurer Financial Strength (IFS) rating of Pak-Qatar Family Takaful Limited (PQFTL) at ‘A’ (Single A). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Positive’. The rating assigned to Pak-Qatar Family Takaful Limited (PQFTL) ... Read More »

Bank Alfalah received the Best Bank Award for 2017

Bank Alfalah received the Best Bank Award for 2017 for demonstrating “the most significant contribution to national development and the most effective management of its resources, including its employees, clients, franchise community and financials”. It received the honour at the second Pakistan Banking Awards, which were jointly organised by the Institute of Bankers, A.F. Ferguson and Company and Dawn Media ... Read More »