Topic: Insurers

SECP directs life insurers to enter into CISSII agreement

 KARACHI  - The Securities and Exchange Commission of Pakistan (SECP), as  part of its ongoing insurance reforms, has issued a regulatory directive to instruct the life insurance companies and family takaful operators to participate in the Centralized Information Sharing Solution for ...

New Zealand quake to cost insurers up to $12 billion

ZURICH (AFP) - Swiss Re, one of the world's biggest reinsurers, estimated Wednesday that February's New Zealand earthquake would cost insurers up to $12 billion. "The total insured claims for the insurance sector for the earthquake in New Zealand are estimated to be between $6 billion to $12 ...