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Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. It is divided into three components: life insurance, 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.
In 1970, Bibojee Group established Ghandhara Diesels Limited, focused on manufacturing and selling diesel engines under the Bedford brand for trucks and tractors. [4] The company was nationalized in 1972 and was later renamed as Bela Engineers Limited. [4] The following year, it was listed on the Karachi Stock Exchange. [4]
Insurance company ratings take into account a number of factors. Besides the finances, the general health and ethics of the company are also considered before rating the insurer. Some other ...
The scroll supporting the shield contains the national motto in Urdu, "Īmān, Ittiḥād, Naẓm", which reads from right to left: (ایمان، اتحاد، نظم), translated as "Faith, Unity, Discipline" which are intended as the guiding principles for Pakistan. This logo was designed by Maraj Muhammad student of National College of Arts [3]
EFU Insurance, originally Eastern Federal Union Insurance Company Limited, is a Pakistan based insurance company. It was the first insurance company in India founded in 1932, owned by the Muslims based in Calcutta. After the partition of India, the company moved to Pakistan and operated in East Pakistan and West Pakistan. The company ceased to ...
Jiban Bima Corporation (JBC) is the state-run life insurance corporation in Bangladesh under the provisions of the Insurance Act 1938, Insurance Rules 1958, and related other laws enforceable in Bangladesh in Bangladesh Corporation Act 1973. The JBC started on 14 May 1973 with assets and liabilities worth TK.