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Asia Insurance allocate Rs.50 Million for Takaful operation

Asia Insurance Company Limited will seek approval to allocate Rs50 million ($492,853) in capital to its takaful operationseek shareholder , Company seek approval next week to offer Islamic insurance (takaful) products, the latest insurer seeking to expand into the sector. Read More »

Adamjee life achieved one million business in Lahore

Adamjee life achieved one million business in Lahore ,Adamjee Life Started its operation  5 month ago in Lahore and achieved Mile Stone of CAROR PATI branch  in short span of time . A Cake Cutting ceremony was held in this regard and General Manager Adamjee lie Omar Farooq address the executive of Adamjee. Mr. Muhammad Ibane-e-Arshed Deputy Manager also spoken ... Read More »

SECP permits United Insurance to run Takaful operations

The Securities and Exchange Commission of Pakistan (SECP) has allowed United Insurance Company (UIC) to launch Takaful operations.The notification issued by SECP in this regard said that UIC has been granted permission to launch window Takaful operations in respect of general Takaful products. Read More »

Strategy planning of Dawood Family Takaful

A meeting for strategy planning  of Dawood Family Takaful  held in karachi recently. according to an official , Setup Head Second Half Strategy Meeting of DFT held on n16-17 July 2014 at Dawood Family Takaful Head office Karachi. Participants Mr.Ghulam Mujtaba SBM Faisalabad Zone, Mr. Syed Moazam Ali SBM Gujrat Zone, Mr. Fahmeed Asim Khan SBM Multan Zone, Mr. Akbar Punjwani ... Read More »

United Insurance applied for Window Takaful

United Insurance Company of Pakistan (UIC)has filed an application with Securities and Exchanges Commission of Pakistan (SECP) for permission to start Window Takaful Operation under Takaful Rules 2012.” Company start process for Window Takaful Operation. company made the necessary change in the Memorandum of Association to include Takaful business approved at the company’s Extra Ordinary General meeting held in June. ... Read More »

Jubilee General Insurance and SMS Business PVT signed agreement

Jubilee General Insurance Company Limited and SMS Business PVT have signed an agreement.in this regard A Signing Ceremony between Jubilee General Insurance and SMS Business Pvt. Ltd held here recently. Agreement was signed by Tahir Ahmed Managing Director,Jubilee General Insurance  and the representative of SMS Business PVT. Mr. Tahair Ahmed Managing Director Jubilee insurance said that the Partnership with SMS Business will ... Read More »

Adamjee Life and Faysal Bank Launch “Shelter For Life”

Faysal Bank one of the largest commercial banks in the country and Adamjee Life Assurance Co. Ltd. the fastest growing life assurance company in Pakistan and a member of Nishat Group the largest and most diversified business group in south east Asia, organized joint Bancassurance distribution partnership and product launch events during May 2014 across Pakistan. The Launch ceremony and ... Read More »

Irshad Ali Shaaban appointed new Chairman of PICIC Insurance

Karam Group acquired major shares of PICIC  insurances Limited and take over the Management of PICIC Insurance which is fourth largest insurance company in marine and health sector. Mr. Irshad Ali Shaaban has been appointed new Chairman of PICIC Insurance Limited. Read More »

Azkar Khan lauded the performance of State life Multan Zone

State life Executive Director Muhammad Azkar Khan lauded the performance of Multan Zone Area Managers and said,, with the recruitments of 600 new Seale Representatives Multan Zone prove that they are working,, Read More »

Syed Hyder Ali Assumed the charge of CEO of IGI life insurance ltd.

SECP has permitted the change of name of M/S American life insurance Company Pakistan ltd to IGI life insurance ltd Company .The CEO of IGI life Syed Hyder Ali graduated from University of Michigan, USA Read More »