Country: Pakistan Page 1 / 1
-
- December 29 2022
Pakistan floods cost US$5.3bn in losses to SME businesses: report
The August floods, which affected 33m people, destroyed 25% of the country's small and medium businesses.
-
- October 16 2022
Pakistan floods place credit pressure on P&C players
EFU General Insurance, Jubilee General Insurance and Adamjee Insurance have relatively small exposures to the flooding.
-
- September 12 2022
Losses mount from nat cats in Korea, Pakistan, China and India
An earthquake, a typhoon and two serious flooding events are triggering a large volume of claims.
-
- August 29 2022
‘Unprecedented’ Pakistan flooding triggers US$10bn damage
Large P&C carriers such as Adamjee Insurance and United Insurance could see significant claims.
-
- June 21 2021
Pakistan regulator drafts framework for digital and microinsurers
The draft rules aim to help reduce minimum paid-up capital requirements.
-
- September 9 2020
Insurtech BIMA lands US$30m for Asia push
Investors include Allianz and China's CEFIF.
-
- June 1 2020
AIG on hook for Pakistan plane crash: report
A Pakistan International Airlines plane crashed on May 22 killing 97 people.
-
- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
-
- June 3 2016
Philippine insurance regulator named first Mefin head
Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.
-
- August 28 2015
Pakistan raises insurance capital requirements
Regulators have increased the minimum paid-up capital requirement for insurers by US$1.9million.
-
- May 18 2015
Assets of Pakistan’s private-sector life companies up 35.8%
Jubilee Life Insurance also ranked as the top Life Insurer.
-
- April 3 2015
Pakistan raises minimum capital requirements
According to the SECP, raising the minimum paid-up capital requirements for insurers is an attempt to strengthen the country's insurance sector.
