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Jubilee General Insurance and SMS Business PVT signed agreement

Signing Ceremony between Jubilee General Insurance and SMS Business Pvt. Ltd.

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”

Adam jee life Faisal bank

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

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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

Iftikhar-state-life-Multan

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.

Syed Hyder Ali IGI life

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 »

BALBINOT elected President of Insurance Europe

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BALBINOT elected President of Insurance Europe Read More »

Save State life Field worker SOS to Prime Minister

m Ashgar

State Life Field Workers Federation of Pakistan (SLFWF) has sent a SOS appeal to Prime Minister Nawaz Sharif to save the State Life Insurance Corporation of Pakistan (SLIC) from destruction and appoint a chairman of SLIC and new board of directors consisting of insurance experts. SLFWF President Muhammad Asghar said that SLIC was earning profit of billions of rupees annually ... Read More »

TPL Direct Insurance having strong presence in motor insurance

Tpl

..TDIL's aggressive marketing initiatives together with investment in active call centre services have lent a hand in boosting in premiums especially in motor segment. Also, the company's unique motto of attending claims in 60 seconds, claims processing in 45 minutes and settlement of losses and theft claims in seven days has caught the eyeballs of many customers in recent times, thus adding to rise in fresh business Read More »

IGI Insurance sell its insurance policies through Bancassurance channel

igi-insurance-2

IGI Insurance Company Limited (IGIIL) announced its 1QCY14 results , boasting a 69 percent year-on-year upsurge in its bottom line. This overwhelming growth in bottom line was driven primarily by virtue of a significant drop in claims expenses. Although the growth in net premiums remained insufficient, reduction in claims expenses led the ratio of net claims to net premium to ... Read More »

No one get insured property, interest outside country: SECP

f-17 paf

The Securities and Exchange Commission of Pakistan (SECP) has observed that no person shall get insured any property or interest outside Pakistan under Rule 23(1) of the Insurance Rules, 2002. It is learnt on Monday that the SECP Appellate Bench comprising SECP Chairman Tahir Mahmood and Commissioner (SMD) Imtiaz Haider, has given these observations while deciding a case pertaining to the insurance of four PAF JF-17 aircraft by an insurance company Read More »