Page 8 - Insurance Ordinance News Today : Breaking News, Live Updates & Top Stories | Vimarsana
SECP Issues Concept Paper on Risk-Based Capital Regime
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SECP to Adopt Risk-Based Approach for Prescribing Auditors for Regulated Entities
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The concept of insurable interest has been in place for a few hundred years. The requirement is that only a person with an interest in the property or life insured can take out the insurance policy. It was developed for public policy reasons to avoid persons from gambling on property and lives of ot.
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