What are the future plans of SECP Insurance Division?

1 ANSWERS

1. Guest22797243
   

   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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