Tuesday , 23 January 2018
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Adamjee Insurance: From strength to strength

Adamjee Insurance (KSE:AICL) continued its habit of reporting upbeat results as of late. In the six months ended June 30, 2015, the firm saw its after-tax profits nearly double to Rs. 1.6 billion, as compared to the same period last year. This converts to earnings of Rs. 4.57 per share, against Rs. 2.41 in the year-ago period.The insurer experienced a ... Read More »

Prime Minister approved the National Health Insurance Scheme

Prime Minister Muhammad Nawaz Sharif on Thursday approved the National Health Insurance Scheme for the poor in Pakistan. Maryam-Nawaz-Sharif-beemakarThe Prime Minister chaired a meeting to give in principle approval to launch the Health Insurance Program that will cover, in phases, about 100 million people in Pakistan. Read More »

TPL Direct Insurance having strong presence in motor insurance

..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 »

No one get insured property, interest outside country: SECP

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 »

National Health Insurance Scheme in pipeline

If the available statistics are anything to go by, then only a quarter of Pakistan’s population is covered for health care costs with the rest, mostly poor people in cities as well as villagers, paying out of their own pocket for healthcare. With more than 25 per cent of the population living below the poverty line, many are pushed into ... Read More »

Insurance companies need to design market-friendly insurance products, Arup Chatterjee

South Asia’s share in the global insurance market is presently low but seems to be on the rise as the centre of global economic activity shifts towards Asian economies, saidaruop-chaterjee, senior financial sector specialist at the Asian Development Bank (ADB) . Read More »

Mirza Mansoor Ahmed Joined Movenpick Hotel Karachi as General Manager

Mirza  Mansoor Ahmed joined Movenpick Hotel Karachi. recently Mirza Mansoor Ahmad appointed  as their General Manager. Mirza Mansoor has long been associated with the hotel industry of Pakistan with an experience of over 26 years. He has previously worked as general Manager of the Karachi Marriot Hotel and with the Pearl Continentals in their Lahore and Karachi properties.The reason for ... Read More »