Tuesday , 27 June 2017
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Allianz-EFU to launch Window Takaful operations

Allianz-EFU Health Insurance Ltd, the first specialized health insurance company in Pakistan introduced Window Takaful Operations, licensed by the Securities and Exchange Commission of Pakistan (SECP). Allianz EFU Window Takaful Operations will be available to both Corporate and Individual Health Takaful customers. Allianz EFU’s Health Takaful offers Shariah compliant approved products providing comprehensive medical coverage that is reliable, convenient, hassle ... Read More »

IGI-Life Window Takaful and Soneri Bank signed a Bancatakaful


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 Amin A. Feerasta and Head of ... Read More »

Jubilee Life’s solutions are best option

Murtaza Zafar. 2

Jubilee Life is the brand that offers a host of varied life insurance solutions to suit every consumer’s unique financial needs.  this  was stated by Mr.Murtaza Zafar Head of Marketing and Brand-Jubille life Insurance in an interview to the local Magazine.he said that ,,Our insurance solutions are carefully prepared keeping in mind the impact of inflation in the long term ... Read More »

Insurance should be made mandatory in Pakistan

iap tahir f

Insurance should be made mandatory in Pakistan as it could reduce future risks and improve the standard of living. He urged the government to make insurance mandatory for every citizen Read More »

HBL and JGI offer insurance product

HBL Pakistan and Jubilee General Insurance (JGI) have entered into an agreement to offer ‘CriticalCare Plus’ insurance to HBL customers through its branch network in Pakistan. CriticalCare Plus is a first of its kind product in Pakistan that extends lump sum benefit for 13 specified critical diseases.It is bundled with the international medical second opinion from over 100 renowned medical ... Read More »

State Life to implement health insurance scheme

slic health

The government  selected State Life Insurance Corporation of Pakistan for implementation of the Prime Minister’s National Health Insurance Programme in coordination with the Ministry of Health.The insurance company will now start enrolling programme beneficiaries, empaneling hospitals, and providing health insurance services to enrolled families. “The selection of State Life Insurance Corporation of Pakistan has been done through an open and ... Read More »

Insurance made mandatory for driving licence


Insurance made mandatory for driving licence, Traffic police authorities has announced that third-party insurance of all vehicles and their drivers will be compulsory so that owner and drivers of vehicles can get insurance benefit in case of any accident.It has been observed in the metropolis that in case of even minor accident, drivers usually start fighting leaving their vehicles in ... Read More »

IAP elects Tahir Ahmed,as Chairman


The newly elected office bearers and Executive Committee members of IAP assumed their responsibilities with effect from October 1.Tahjr Ahmed, Managing Director & Chief Executive, Jubilee General Insurance, Nasar Us Samad Qureshi, Chief Executive & Managing Director, Alfalah Insurance and Muhammad Hussain Hirji, Chief Executive Officer & Managing Director, Century Insurance have been elected unopposed as Chairman, Senior Vice Chairman ... Read More »

State life earn profit Rs.810 million in 2013

slic building

State Life insurance board of directors,approved its annual financial accounts for 2013.The Corporation  , which was up 5.6% from 2012.The profit of State Life for 2013 was equal to 40.2% of the combined earnings of the six private-sector life insurance companies that operated in that year.According to the chairperson’s note attached to the annual accounts, State Life plans to launch unit-linked life ... Read More »

SLIC pays out Rs13bln against claims


Last year State Life Insurance Corporation of Pakistan paid out Rs13.091 billion against all claims, thus providing financial protection and savings to millions of valued policyholders and their families nationwide, a press release from the Corporation. State Life, the largest life insurance company of Pakistan, has a market share of 58 percent. It has a total business portfolio of Rs74 ... Read More »