Question:

What are the future plans of SECP Insurance Division?

by Guest6752  |  12 years, 7 month(s) ago

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I want to know the future plans of SECP Insurance Division?

 Tags: division, Future, insurance, Plans, SECP

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  1. Guest1036
    The Insurance Division is eagerly looking forward to complete the following tasks in the near future:

    Development of ` Fit and Proper' criteria for Management of Insurance companies.
    Development of Terrorism Insurance Pool.
    Development of Micro insurance Regulations.
    Review and amendments in Takaful Rules, 2005.
    Development of Unit-linked/ Products Regulations.
    Amendments in Insurance Ordinance, 2000.
    Assessment and Implementation of IAIS Principles, Standards and Guidance.
    Development of Commercially Viable and Sustainable Crop Insurance Scheme.

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