22.03.2013 - CDC, insurance, takaful: companies sign MoU to reduce fraudulent practices.
Central Depository Company of Pakistan Limited (CDC) has signed a Memorandum of Understanding (MoU) with Life Insurance and Takaful companies of the country to implement a Centralised Information Sharing Solution for Insurance Industry (CISSII). The signing ceremony was held at CDC House, which was attended among others by senior officials of CDC, life insurance companies and SECP. On this occasion, Chairman State Life Insurances Corporation of Pakistan Shahid Aziz Siddiqi, CEO CDC Mohammad Hanif Jakhura and Commissioner Insurance Division - SECP Mohammad Asif Arif were also present...............................................Full Article: Source
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