Pakistan Insurance industry ripe for big boost

Punjab Governor Malik Rafique Rajwana said that Pakistan’s insurance industry should prepare itself for some bigger challenges which could prove as a turning point for this underrated sector.

“Every challenge brings an opportunity for the individuals, businesses and nations. Pakistan is an emerging market and its on-going China Pakistan Economic Corridor (CPEC) project will definitely bring business for this sector, which currently contributes below 1% to national Gross Domestic Product”, said Rajwana, while addressing a seminar on good governance and the development of insurance industry.