Islamabad, The Securities & Exchange Commission of Pakistan (SECP) has granted conditional permission to the Pakistan General Insurance Company Limited to commence its operations, subject to the fulfillment of specified conditions. This decision was communicated through a letter bearing reference # PRDD/024-RA/2024/3145, dated March 29, 2024.
The letter outlines certain conditions that the Pakistan General Insurance Company Limited must meet to maintain its operational status. This development marks a significant step for the company in its quest to contribute to the insurance sector in Pakistan.
Stakeholders and the general public are advised to take note of this announcement and its implications for the insurance industry in Pakistan.
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