Insurance in Pakistan

Insurance in Pakistan is regulated under the Insurance Ordinance, 2000.^[1] In the past few years, it has transformed into a developing and fastly growing market that is generally divided into three components: life insurance,^[2] general insurance and health insurance. The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry. Out of the 54% that Pakistan's service sector contributes to the national GDP, insurance, along with transport, storage, communications and finance occupy 24% of the sector.

Companies

List of notable insurance companies in Pakistan:

• Beema-Pakistann Company

Adamjee Insurance Company Ltd Universal Insurance Company Ltd

• EFU Life
• Jubilee Life Insurance Company Limited^[3]
• State Life
• Universal Insurance company Limited

References

Economy of Pakistan History Numbering system Five-Year Plans Nationalization Privatization Corporatization Military Inc. Islamic economization Economic liberalization Medium Term Development Framework Periods of stagflation Banking and finance Banking (List of banks) Pakistan Remittance Initiative Communications Currency Mailing Postal codes Postage stamps Telecommunications Dialing codes Internet MNOs Telephone numbers Trade unions Transportation Airlines Airports Bridges Motorways National Highways Railways Railway stations Ports Vehicle plates Industry Agriculture Arms Automotive Books and publishing Corporate sector Cottage and small scale Fishery Forestry Information technology Insurance Livestock Manufacturing Mining Media Cinema Television Music industry Pensions Pharmaceuticals Real estate Rice production Silk Tea Textiles (Carpets and rugs) Tourism Medical tourism Infrastructure Buildings Education Schools Universities Healthcare AIDS Hospitals Housing Income Poverty Science and technology Water supply and sanitation (Dams) Water resources management Energy Electricity Fuel extraction Nuclear power Policy Power companies Power stations Renewable energy Solar power Wind power Taxation Federal Board of Revenue Tax on cash withdrawal Institutions Companies Islamabad / Karachi / Lahore stock exchanges Ministry of Commerce (Ministers) Ministry of Finance (Ministers) National Bank of Pakistan Planning Commission Research institutes Securities and Exchange Commission State Bank of Pakistan (Governors) Society Billionaires Businesspeople Demographics Labour force (Child labour) Public holidays Urbanisation Domestic economies Azad Kashmir Balochistan FATA Gilgit-Baltistan Islamabad Khyber Pakhtunkhwa Punjab Faisalabad Lahore Rawalpindi Sindh (Karachi) See also Central business districts Foreign aid Foreign trade International ranking Investment Sister cities Provinces by GDP Pakistanis by net worth Politicians Standard of living Category