TPL Corp Limited has entered into a Share Purchase Agreement (SPA) with Jazz International Holding Limited for the sale of shares and transfer of control of its subsidiary, TPL Insurance Limited. The listed company informed its stakeholders in a notice to the Pakistan Stock Exchange (PSX) on Friday. “This is in continuation of our earlier […]
MCB Islamic Bank, Adamjee Insurance Compnay Ltd. (WTO) Partner to Embed Free Takaful in Digital Deposit Accounts
KARACHI: MCB Islamic Bank and AICL-WTO have formalized a strategic partnership by signing an agreement, marking an important step forward in MCB Islamic’s Digital First strategy and customer-focused innovation. The agreement was formally signed by Zargham Khan Durrani, President & CEO of MCB Islamic Bank, and Muhammad Ali Zeb, MD & CEO of AICL-WTO, reaffirming […]
Faysal Bank and EFU Life Strengthen Partnership with Launch of Innovative Shariah-Compliant Takaful Plans
Karachi, Pakistan — Faysal Bank Limited (FBL) and EFU Life Assurance Ltd have announced a strategic partnership aimed at introducing two groundbreaking Takaful propositions — the EFU Takaful Zenith Plan and the EFU Takaful WIN FitCover Plan — tailored to meet the evolving financial and lifestyle needs of Faysal Bank customers. The agreement was formalized […]
HBL Demonstrates Leadership in Agri Financing: Gives Largest Insurance Payout to Farmers
HBL issued the largest payout of over PKR 10 million under the Area Yield Index Insurance (AYII) program, benefiting farmers in Balochistan and Sindh. This innovative insurance solution is designed to support farmers by providing financial protection against yield losses due to adverse climatic conditions and other agricultural risks. The AYII program offers extensive coverage […]
Neem expands its insurance footprint with a strategic partnership with TPL Life
Karachi, Pakistan – [30th May 2025] — Neem, Pakistan’s leading embedded finance platform, is deepening its footprint in the insurance sector with a new strategic partnership with TPL Life, a digital-first insurance leader serving over 1 million + customers across Pakistan. This collaboration follows Neem’s recently announced partnership with EFU Life and signals the company’s […]