SECP proposes new insurance rules to protect policyholders
The Securities and Exchange Commission of Pakistan (SECP) has issued the draft Market Conduct Rules 2026 for insurance companies for public consultation, aimed at strengthening protection for insurance consumers.
August 20, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has issued the draft Market Conduct Rules 2026 for insurance companies for public consultation, aimed at strengthening protection for insurance consumers. The proposed rules will apply only to individual insurance policies and introduce mandatory timelines for insurance claim processing and settlement. Under the draft rules, life insura...