It is expected that the prevailing interest rate situation is favourable for the profitability and growth of life insurers. The current interest rate rise is expected to improve the value of new business (VNB) margins of both participating (par) and non-participating (non-par) insurance products. Participating plans provide guaranteed and non-guaranteed benefits, while non-par plans typically provide guaranteed benefits.
Pakistan stock market rallies over 9% after military calls truce with India
Following a ceasefire announcement by Pakistan’s military, the KSE 100 index surged over 9% after facing pressure due to escalating India-Pakistan tensions and recent terrorist
May 12, 2025