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SECP suggests more Insurance Tribunals
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has strongly recommended to increase the number of Insurance Tribunals and strengthen the implementation of decisions of the Federal Insurance Ombudsman. According to a report of SECP on “Strengthening Insurance Grievance Redressal in Pakistan Current Status and Strategic Way Forward” issued on Friday, the number of Insurance Tribunals should be increased to ensure equitable geographical distribution across provinces, thereby improving access to justice. A publicly available and regularly updated list of Session Courts design...
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