SECP approves acquisition of stake in TPL Insurance by Jazz Int’l Holding
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited.
This partnership between a digital insurer and a major digital operator is expected to increase insurance penetration and foreign investment. The SECP’s facilitation of this deal aligns with the goals to foster a transparent, efficient, and investor-friendly environment that encourages both domestic and will bring foreign investment.
As part of its commitment to market development, the SECP is actively implementing structural reforms, including the recently introduced regulatory framework for digital-only insurers and microinsurers. By vetting this acquisition for adherence to sound corporate governance and prudent management standards, the Commission is paving the way for further innovation in financial services and products.
Copyright Business Recorder, 2026
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