Karachi, June 23, 2020: TPL Insurance Ltd, the insurance arm of TPL Corp and Pakistan’s first direct insurance company, has signed a Letter of Interest (LOI) with DEG, Deutsche Investitions – und Entwicklungsgesellschaft mbH (“DEG”), a wholly owned subsidiary of KfW Group based in Cologne, Germany. The proposed transaction of an acquisition of a minimum…
Karachi, 12th May, 2020: Striving to build awareness on the importance of wearing masks, JS Bank along with its implementing partner, the Mahvash and Jahangir Siddiqui Foundation has launched an innovative #MakeaMask Campaign to encourage people to make their own mask and receive free health insurance. As the lockdown eases and people return to daily…
Karachi, April 07, 2020: The profitability of the non-life insurance sector during 2019 was up 19 percent YoY on the back of sharp rise in their investment income. For our analysis, we have taken data of nine listed non-life insurance companies, accounting for ~80 percent of non-life insurance market capitalization. The investment income of the…
Karachi, December 31, 2019: Pakistan Stock Exchange held the Top 25 Companies Awards Ceremony, to honor the top companies of Pakistan, in Karachi on Friday, December 27, 2019. This is the most prestigious and sought out recognition for the corporate sector of Pakistan. The occasion was graced by the Honourable Prime Minister of Pakistan, Mr….
Karachi, December 26, 2019: TPL Insurance has entered into a strategic partnership with FINJA, a Pakistani fintech on a mission to make payments free, frictionless and in real time. The two companies aim to provide an innovative platform to simplify the existing complicated process of buying insurance products. With this collaboration, customers can now purchase…