Insurance in Pakistan
Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. In the past few years, it has transformed into a developing and fastly growing market that is generally 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. 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.
List of notable insurance companies in Pakistan:
Adamjee Insurance Company Ltd Universal Insurance Company Ltd
|This Pakistan-related article is a stub. You can help Wikipedia by expanding it.|