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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 »

State Life to implement health insurance scheme

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 »

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 »

EFU life announced Financial Results

EFU Life Assurance Ltd, the leading private sector life insurance company in Pakistan announced its financial results for the year ended 31 December 2014 as approved in the meeting of the Board of Directors held on 14 February 2015. The Company posted a profit after tax of Rs. 951 million for the year 2014 with earnings per share of Rs. ... Read More »

EFU Life launch Window Family Takaful Operations

EFU Life Assurance Ltd, the leading life insurance company of Pakistan introduces first Window Takaful Operations licensed by Securities & Exchange Commission of Pakistan. Read More »

State life Insurance total premium income,rose to Rs65.7 billion in 2013

State life insurance total premium income,rose to Rs65.7 billion in 2013, which is 17.3% higher than State Life’s total premium income of Rs56 billion in 2012.Closing Fig of Year 2014 has not yet finalized, but a 10 % Growth rate is seen in the year Read More »

IGI life Insurance entered in Takaful Business

IGI life Insurance entered in Takaful Business. The country’s fourth largest conventional life insurance company in the private sector announced on Wednesday it is setting up a window Takaful business. Read More »

Jubilee General seek shareholder approval forTakaful

Jubilee General Insurance Co will seek shareholder approval to offer Islamic insurance (takaful), the latest firm to enter the sector after conventional firms were allowed to offer sharia-compliant products earlier this year. Jubilee insurance is third largest private sector insurer, will seek approval in an extraordinary general meeting on Nov. 7 to allow it to provide takaful and retakaful products ... Read More »

2nd State life Regional chief,Zonal Head Conferance begain.

State Life Insurance Three days Conerance begain today at  PC Karachi this morning .about 50 Marketing Executives from all over the Pakistan participated this event.bigest Corporation of life Insurance in public Sector  working without  a chairman and Board of Director from last two years.The  Marketing Executives inculdign five Regional Cheif and Zonal Read More »

EFU life ,Life mein kamal karna zaroori hai’

EFU Life Assurance Ltd, the leading private sector life insurance company, has launched the second phase of its corporate campaign, ‘Life mein kamal karna zaroori hai’. The campaign builds on to the earlier theme and is aimed at addressing two common myths that people have about Life insurance. The myths are ‘I don’t really need insurance’ and ‘Insurance is expensive’. ... Read More »