Topic

Federal Insurance Ombudsman

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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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.61
USD PKR Interbank Buying / Jun 5	278.41
USD to Japanese Yen / Jun 5	160.29
USD to Swiss Franc / Jun 5	0.80
Pound Sterling to USD / Jun 5	1.33
Euro to USD / Jun 5	1.15
SOFR % / Jun 5	3.65

Stock	Volume
S&P 500 / Jun 5	7,383.74
India Sensex / Jun 5	74,243.34
Tokyo Nikkei / Jun 5	66,588.12
Nasdaq / Jun 5	25,709.43
Hang Seng / Jun 5	24,961.95
FTSE 100 / Jun 5	10,368.05
Dow Jones / Jun 5	50,866.78
Germany DAX 30 / Jun 5	24,759.05
France CAC40 / Jun 5	8,218.24

Item	Value
Crude Oil USD/Barrel / Jun 5	90.54
Gold 10 Grams PKR / Jun 5	401,012
Gold Spot USD/Ounce / Jun 5	4,328.45
Cotton US¢/pound / Jun 5	77.48
Petrol/Litre / Jun 6	377.78
Diesel/Litre / Jun 6	380.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.03 ▲ 0.97 (13.74%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
First Capital Equities / Jun 5 First Capital Equities Limited(FCEL)	5.30 ▲ 0.52 (10.88%)
Merit Packaging / Jun 5 Merit Packaging Limited(MERIT)	10.35 ▲ 1 (10.7%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Askari Life Assur. / Jun 5 Askari Life Assurance Company Limited(ALAC)	23.28 ▲ 2.12 (10.02%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	66.80 ▼ -7.4 (-9.97%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.96 ▼ -2.48 (-7.64%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.17 ▼ -2.48 (-6.1%)
Bela Auto / Jun 5 Bela Automotives Limited(BELA)	55.85 ▼ -3.14 (-5.32%)
Tandlianwala Sugar / Jun 5 Tandlianwala Sugar Mills Limited(TSML)	385.55 ▼ -19.67 (-4.85%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.65 ▼ -0.48 (-4.74%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40.01 ▼ -1.99 (-4.74%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75.03 ▼ -3.61 (-4.59%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	42,057,629 ▲ 0.57
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,999,765 ▲ 0.49
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,811,517 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,493,657 ▼ -0.2
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,842,888 ▼ -0.01
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,157,441 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	18,104,460 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,319,572 ▲ 1
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	15,286,456 ▼ -0.46
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,013,265 ▼ -0.11

Federal Insurance Ombudsman

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