SECP Archives - KETOOC

SECP Reports: Only Four Companies Offering Digital Insurance Sales in Pakistan

SECP Reports Only Four Companies Offering Digital Insurance Sales in Pakistan

The insurance industry of Pakistan has undergone a sea change in the last couple of years with the advent of digital technology. Recently, the Securities and Exchange Commission of Pakistan marked this as a beginning when four companies started showing the way in selling insurance digitally within the country. Overview of Digital Insurance Providers These … Read more

SECP Focuses on Expanding Inclusive Insurance in Pakistan

SECP Focuses on Expanding Inclusive Insurance in Pakistan

Securities and Exchange Commission of Pakistan manifests keen interest in the development of inclusive  across the length and breadth of the country. It shall aim at widening the circle of different insurance products and services for the unserved and disadvantaged groups of people. Empowering Financial Inclusion New strategic area of focus of the SECP: Financial … Read more

SECP Emphasizes Adoption of IFRS Standards for Insurance Sector

SECP Emphasizes Adoption of IFRS Standards for Insurance Sector

The Securities and Exchange Commission of Pakistan strongly focuses on and gives ample importance to the development of adopting International Financial Reporting Standards in the insurance sector of the country. This move is strategic for ensuring elevated levels of financial reporting in the industry, thus bringing the sector at par with international standards. Importance of … Read more

EFU Life Launches Health Insurance Services Through Acquisition of EFU Health

Allianz EFU Health Insurance Limited

Finally, in a major strategic development, EFU Life has declared its strategic entry into the health insurance industry with the takeover and Health – Sponsored amalgamation of EFU Health. This is expected to provide a pivotal enhancement in the portfolio of EFU Life and aims at adding value and firming up EFU Life’s footing in … Read more