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insurance sector

CFOs of insurance companies: SECP revises eligibility criteria

Under the new criteria, Fellow or Associate member of the Casualty Actuarial Society or the Institute of Actuaries in England or Society of Actuaries in the United States of America with at least 5 years of managerial experience shall also be eligible

Updated 03 Nov, 2024 10:40pm

Business & Finance

SECP releases Insurance Industry Statistics for year 2023

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) data revealed that the life insurance sector...

Published 26 Oct, 2024 06:45am

Insurance cos: SECP hikes minimum required amount of paid-up capital

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has increased the minimum required amount of...

Updated 16 Oct, 2024 09:25am

Business & Finance

Conference on ‘Insurance Landscape of Tomorrow’ held

ISLAMABAD: The Pakistan Society of Actuaries (PSoA) Wednesday organized the Conference on “Insurance Landscape of...

Published 26 Sep, 2024 06:48am

Business & Finance

Insurance sector: CCP concerned at preferential treatment to SOEs

ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed concern over the preferential treatment given...

Published 24 Sep, 2024 03:28am

SECP survey: Digital insurance premiums show dismal picture

ISLAMABAD: The total premiums for insurance distributed through digital channels stood at Rs842 million in 2023...

Updated 27 Jul, 2024 09:17am

Opinion

OSH compliance

The International Labour Organisation (ILO) has always been strongly committed to the protection of workers’ ...

Updated 22 Jun, 2024 07:45am

Business & Finance

Insurance sector: SECP advocates adoption of IFRS-17

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) held a seminar in collaboration with Asian...

Published 25 Apr, 2024 03:05am

Business & Finance

Insurance sector: CCP embarks on competition assessment

ISLAMABAD: The Competition Commission of Pakistan (CCP) has embarked on a Competition Assessment of the Insurance...

Published 09 Apr, 2024 05:06am

Foreign investment: Ministry under pressure to open up insurance sector

SECP Chairman Akif Saeed says that draft Insurance Ordinance had been shared with the Ministry of Commerce

Updated 18 Mar, 2024 09:53am

Business & Finance

SECP holds meetings with insurance cos on digitization of insurance sector

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will launch an insurance policy finder and an...

Published 14 Mar, 2024 03:00am

Agri insurance pool may act as risk aggregator: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recommended that an agricultural insurance...

Updated 27 Dec, 2023 09:26am

Business & Finance

Strategic roadmap for future trajectory of insurance sector discussed

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) hosted the International Insure-Impact Conference...

Published 15 Dec, 2023 03:12am

Supplements

International InsureImpact Conference 2023: Aamir Khan, Commissioner, Securities and Exchange Commission of Pakistan

With great enthusiasm I announce the unveiling of the 1st five-year draft strategic plan for the insurance sector by...

Published 14 Dec, 2023 05:24am

Business & Finance

SECP drafts three new reports on insurance sector

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has drafted three new reports on insurance...

Published 06 Dec, 2023 04:27am

Business & Finance

Insurance sector: SECP drafts five-year strategic plan

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has drafted a five-year strategic plan for...

Published 15 Nov, 2023 06:09am

Business & Finance

Insurance policyholders: Liquidity damages now payable only during a certain period of time

LAHORE: Policyholders are entitled only to receive the liquidated damages from the date of filing the claim till the...

Published 24 Oct, 2023 05:05am

Business & Finance

Insurance industry paid Rs34.3bn against taxes, duties in 2022

ISLAMABAD: The insurance industry has paid taxes/duties of Rs34.3 billion to the exchequer during 2022 including...

Updated 03 Oct, 2023 08:43am

Business & Finance

CCP approves two mergers in healthcare, insurance sectors

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval to two mergers in home healthcare...

Published 07 Sep, 2023 06:21am

Business & Finance

Insurance sector: SECP issues requirements for Grievance Handling Mechanism

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued requirements for Grievance Handling...

Published 27 May, 2023 06:09am

Business & Finance

Insurance industry: SECP chief for improving service standards

KARACHI: The Chairman Securities and Exchange Commission of Pakistan (SECP) Akif Saeed emphasized upon improving the...

Updated 07 Jan, 2023 08:48am

Business & Finance

Non-life insurance cos: SECP suggests ways to determine risk capital charge

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed that the insurance risk capital...

Updated 11 Dec, 2022 09:57am

Business & Finance

Insurance sector SECP issues concept paper on ‘RBC Regime’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a concept paper on Risk Based ...

Updated 09 Dec, 2022 06:21am

Auditors’ appointment: SECP decides to take risk-based approach

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to adopt a risk-based approach for...

Updated 06 Dec, 2022 09:27am

Business & Finance

Unit-linked funds of insurance sector: SECP defines investment avenues

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has defined investment avenues for the...

Updated 08 Aug, 2022 09:38am

Insurance sector: New risk-based capital regime from July 1

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will issue a risk-based capital regime from ...

Updated 22 May, 2022 09:34am

Business & Finance

Dawood launches SLI digital portal, mobile App

KARACHI: Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Friday launched State Life...

Published 12 Feb, 2022 05:09am

Pakistan

Directives up to Dec 31, 2021: SECP unveils master circular

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), to facilitate the insurance sector in ...

Published 14 Jan, 2022 07:45am

Pakistan

SECP issues master circular for regulation of insurance sector

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday, issued a master circular, for...

Published 13 Jan, 2022 07:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	277.92
USD PKR Interbank Buying / Dec 3	277.72
USD to Japanese Yen / Dec 3	150.01
USD to Swiss Franc / Dec 3	0.89
Pound Sterling to USD / Dec 3	1.27
Euro to USD / Dec 3	1.05

Stock	Volume
S&P 500 / Dec 2	6,047.15
Nasdaq / Dec 2	19,403.95
Dow Jones / Dec 2	44,782
India Sensex / Dec 3	80,853.10
Tokyo Nikkei / Dec 3	39,248.86
Hang Seng / Dec 3	19,694.44
FTSE 100 / Dec 3	8,345.09
Germany DAX 30 / Dec 3	20,011.64

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Petrol/Litre / Dec 3	252.10
Crude Oil USD/Barrel / Dec 3	68.37
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Gold Spot USD/Ounce / Dec 3	2,645.88
Diesel/Litre / Dec 3	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

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