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Sindh registers 40x rise in third-party motor insurance policies
The number of third-party motor insurance policies issued in Sindh has increased from 11,200 in March 2026 to 452,515 by November, representing growth of approximately 3,940% in eight months, the Securities and Exchange Commission of Pakistan (SECP) said on Friday. The increase follows amendments to provincial motor vehicle legislation in March, making third-party insurance mandatory for vehicles registered in Sindh. The reform was introduced by the Sindh government with support from the SECP To support implementation, the SECP established the Motor Insurance Repository, a digital system that ...
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