SECP seeks clarification from 35 insurance companies
The information provided through statements is critical for supervision, monitoring of insurance industry in country.
Securities and Exchange Commission of Pakistan (SECP) has sought clarification from 35 insurance companies for failing to comply with the mandatory provisions requiring the submission of statement of assets and liabilities for the last quarter.
The information provided through the statements is critical for the supervision and monitoring of the insurance industry in the country. It helps the SECP to watch the interests of policyholders of insurance companies.