Wednesday , 26 July 2017
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Author Archives: editor

Postal Life Insurance needed effective marketing

Members of the National Assembly Standing Committee on Communications said on Wednesday that Pakistan Post needed massive reforms to cope with modern commercial trends and practices.They also stressed the need for effective marketing of the Postal Life Insurance (PLI) programme.The meeting, chaired by Member of National Assembly (MNA) Muzammil Qureshi, was informed that PLI – a subsidiary of Pakistan Post ... 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 »

Pervez Khattak approves recommendations on health insurance

pervez Khattak approves recommendations on health insurance scheme.Chief Minister Khyber Pakhtunkhwa Pervez Khattak approved the recommendations of the working group on the health insurance scheme for the public sector employees of the province. Under the scheme, 433.000 employees of the public sector would be given an option for the healthcare facilities under health insurance card. This was decided in a ... 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 Premier Lounge inaugurated by Sheikh Nahyan

Sheikh Nahayan Mabarak Al Nahayan, Chairman of the Board of Directors, Bank Alfalah Limited,inaugurated Bank Alfalah Premier Lounge at Jinnah International Air Port (JIAP) – Karachi by Sheikh Nahyan bin Mubarak Al Nahyan. visited Pakistan on Monday and met with the management and staff of Bank Alfalah. A statement said in a simple ceremony at the Bank’s Head Office in ... Read More »

Chief Executive of Sindh Insurance Mohammad Faisal Siddiqui

Protection of life and prosperity of the people is the primary duty of the state. Formation of Sindh Insurance Company under Government of Sindh is keeping the same approach. Sindh Insurance Limited, which was established in 2014 in the memory of Shaheed Benazir Bhutto, is providing services in several areas of general insurance. Although its scope is separate from the ... Read More »

Sindh government has launched “Universal Accidental Insurance Scheme

Sindh government has launched “Universal Accidental Insurance Scheme” in the province.An official of Sindh Insurance Limited told Radio Pakistan Karachi correspondent the provincial government will pay one hundred thousand rupees to the family in case of accidental death of a person.He said the claim shall be valid only if accidental death takes place within the province.He said heirs of martyrs ... Read More »

Credit Ratings of Jubilee General Insurance Company Limited Affirms A.M. Best

LONDON-A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Jubilee General Insurance Company Limited (Jubilee) (Pakistan). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect Jubilee’s track record of good operating performance, well-established business profile in Pakistan and solid risk-adjusted capitalisation. An offsetting rating factor is ... Read More »