Govt targets 3% insurance penetration in 5 years
The government has called for expanding Pakistan's insurance sector, setting a target to increase insurance penetration from below one percent to 2–3% of GDP over the next five years to strengthen economic resilience, climate preparedness and sustain
July 21, 2026 (MLN): The government has called for expanding Pakistan's insurance sector, setting a target to increase insurance penetration from below one percent to 2–3% of GDP over the next five years to strengthen economic resilience, climate preparedness and sustainable growth. Speaking at the 1st IAP & PSOA International Insurance Conference 2026 in Karachi, Adviser to the Federal Minister for Finance and...