Ex­pan­sion of in­surance pen­e­tra­tion stressed

Pakistan Observer - - ECONOMY WATCH -

KARACHI—The de­vel­op­ment of any coun­try can be judged from the ex­pan­sion of in­surance pen­e­tra­tion.

This was stated by the Fed­eral In­surance Om­buds­man, Raees Ud­din Piracha here on Sun­day.

He was speak­ing at a sem­i­nar or­ga­nized by an NGO-Health Ed­u­ca­tion and Life Pro­tec­tion (HELP), said a state­ment.

Piracha said that the in­sti­tu­tion of Fed­eral In­surance Om­buds­man is a ray of hope for all un­der-priv­i­leged and de­prived seg­ment of so­ci­ety where speedy jus­tice is be­ing pro­vided free of cost.—APP

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