Overview
- Punjab announced a provincially run general insurer and sent a summary to the cabinet for formal approval.
- Chief Minister Maryam Nawaz Sharif ordered a comprehensive health insurance plan tied to the Sehat Sahulat Programme.
- The government formed a committee under the Finance Department to handle non-life insurance for public institutions.
- The same chief executive will lead Punjab Life and the new general insurer, and the proposed board includes the P&D chairman, the finance secretary and the Bank of Punjab president.
- Planned products aim to cover diverse groups with options for disaster cover, pensions, low-income health care and Shariah-compliant Takaful, with private firms invited to participate.