Insurance surveyors: SECP suggests overhauling regulatory framework
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a comprehensive overhaul of the regulatory framework for insurance surveyors, including mandatory licensing for claims above specified thresholds, strict deadlines for survey re...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a comprehensive overhaul of the regulatory framework for insurance surveyors, including mandatory licensing for claims above specified thresholds, strict deadlines for survey reports, enhanced professional qualifications and penalties of up to Rs1 million for non-compliance. The proposals have been outlined in the SECP’s concept paper,...