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Federal Insurance Ombudsman

Insurance industry: CCP examines competition, market structure, growth constraints

Published 01 Oct, 2026 05:39am

ISLAMABAD: Pakistan’s insurance penetration remains at just 0.7 percent of GDP, with insurance density of only...

SECP proposes more insurance tribunals, digital complaint system

Published 22 Sep, 2026 07:06pm

The regulator also proposes expanding the scope and geographical coverage of SDRCs

SECP suggests more Insurance Tribunals

Published 19 Sep, 2026 04:55am

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has strongly recommended to increase the number...

KCCI, FIO agree to strengthen institutional collaboration

Published 16 Jul, 2026 05:00am

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) and the Federal Insurance Ombudsman (FIO) have agreed to...

FIO participates in AOA introductory meeting

Published 20 Apr, 2026 05:29am

KARACHI: The Federal Insurance Ombudsman (FIO) Pakistan Mumtaz Ali Shah participated in the introductory meeting and...

President endorses FIO’s decisions

Published 22 Aug, 2025 06:00am

KARACHI: The Presidency in Islamabad has reviewed a total of 24 appeals filed this year against the decisions of the...

2025 to be observed as ‘Insurance Awareness Year’

Published 30 Dec, 2024 07:14am

KARACHI: The Federal Insurance Ombudsman, Mumtaz Ali Shah, has announced that the year 2025 will be observed as the...

President upholds 9 decisions of FIO

Published 14 Sep, 2024 07:33am

ISLAMABAD: President Asif Ali Zardari on Friday upheld nine decisions of the Federal Insurance Ombudsman (FIO),...

Insurance firm wins jurisdictional dispute against ombudsman

Published 08 Aug, 2024 07:38am

LAHORE: An insurance company has secured a victory in jurisdictional dispute against the insurance ombudsman. In a...

Insurance claims: FIO sets up ‘Ramazan emergency cell’

Published 18 Mar, 2024 04:56am

KARACHI: The Federal Insurance Ombudsman (FIO) has announced significant relief for the public sitting in...

Speedy decision-making essential for national development: President

Published 23 Feb, 2024 06:36am

LAHORE: Emphasising the need for taking fast decisions to put the country on the path of progress and prosperity,...

Federal insurance ombudsman forms fire emergency cell

Published 28 Dec, 2023 04:52am

KARACHI: Federal Insurance Ombudsman has established an emergency cell in response to the recent spate of fires. ...

‘Some insurance firms are not translating policy documents into Urdu’

Published 15 Nov, 2023 06:09am

LAHORE: Some insurance companies are not complying with the condition of translating the policy documents in Urdu...

Alvi asks insurance co to refund Rs2m with six-year profit to policyholder

Published 26 Aug, 2023 06:13am

ISLAMABAD: President Dr Arif Alvi has directed a private insurance company to refund Rs 2 million along with profit...

Insurance cos accused of denying death claims on ‘flimsy’ pretext

Published 15 Jul, 2023 06:08am

LAHORE: The insurance companies are involved in denying death claims on the pretext that the policy was obtained...

Insurance disputes: Number of appeals against FIO orders drops to zero: Ombudsman

Published 15 Jun, 2023 06:03am

LAHORE: The number of appeals against Federal Insurance Ombudsman (FIO) orders on insurance disputes has dropped to...

In some cases, policyholders’ nominees found to be committing fraud

Published 24 May, 2023 05:57am

LAHORE: The nominees of policyholders under various insurance policies are found to be depriving the legal heirs of ...

Insurance ombudsman finalises arrangements for national conference

Published 19 Jan, 2023 07:13am

KARACHI: Federal Insurance Ombudsman Dr Muhammad Khawar Jameel has finalised the arrangements for the annual two-day...

Order issued by insurance ombudsman: List of companies not settling claims in timely manner to be drawn up

Published 07 Nov, 2022 05:48am

KARACHI: Federal Insurance Ombudsman Dr Khawar Jameel chaired a meeting recently during which problems faced by...

Flood-affected farmers will get insurance claims, says ombudsman

Published 24 Oct, 2022 05:45am

KARACHI: Federal Insurance Ombudsman Dr Khawar Jameel has said that under the directions of President Arif Alvi, his...

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KSE30
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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.70 ▲ 1.43 (10.02%)
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Dadabhoy Cement / Oct 1 Dadabhoy Cement Industries Limited(DBCI)	13.46 ▲ 1.22 (9.97%)
First IBL Mod. / Oct 1 First IBL Modaraba(FIBLM)	16.13 ▲ 1.29 (8.69%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	123.47 ▲ 9.51 (8.35%)
Wasl Mobility Mod. / Oct 1 Wasl Mobility Modaraba(WASL)	6.26 ▲ 0.48 (8.3%)
D.M. Corporation / Oct 1 D.M. Corporation Limited(DMC)	178 ▲ 12.67 (7.66%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
Azgard Nine (Non-Voti) / Oct 1 Azgard Nine (Non-Voti)(ANLNV)	7.60 ▼ -0.84 (-9.95%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37 ▼ -4 (-9.76%)
J.K.Spinning / Oct 1 J.K. Spinning Mills Limited(JKSM)	303 ▼ -32.4 (-9.66%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.51 ▼ -2.98 (-9.17%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	47.16 ▼ -3.41 (-6.74%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	161.20 ▼ -10.25 (-5.98%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	46 ▼ -2.92 (-5.97%)
Ahmad Hassan / Oct 1 Ahmad Hassan Textile Mills Limited(AHTM)	81.92 ▼ -5.1 (-5.86%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	58,385,369 ▲ 0.42
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,368,363 ▼ -2.9
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	15,349,653 ▲ 0.16
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	13,902,473 ▲ 1.43
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	8,922,675 ▲ 0.19
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	7,695,938 ▲ 0.97
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	7,179,240 ▲ 0
Media Times Ltd / Oct 1 Media Times Limited(MDTL)	6,361,033 ▲ 0.04
Aisha Steel Mills / Oct 1 Aisha Steel Mills Limited(ASL)	5,467,804 ▲ 0.47
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	4,561,668 ▼ -0.17

Federal Insurance Ombudsman

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