The penetration of the insurance industry has been historically low but the insurance sector has seen impressive growth in the past five years. GVS conducts an overview of Pakistan’s half-billion-dollar non-life insurance industry as compared to India’s $24bn.
Pakistan’s non-life insurance industry is projected to grow rapidly under the CPEC project as the Chinese are expected to insure many of their infrastructure projects and this is expected to generate a lot of volume for the insurance sector in areas where there was little activity before
Lack of awareness around the importance of insurance poses a significant challenge to the industry and the business environment makes it difficult for the sector to progress. The article deals with major challenges to Pakistan's insurance agency and how they can be kicked to the curb.
The author, who holds the Tata Chair for Strategic Affairs and is a senior fellow at the Carnegie Endowment for International Peace, analyzes how Indian foreign policy has to evolve in the next four years to realize its role on the global stage, increase its economic prosperity & technological capabilities and protect its physical security.
Kalash, the beautiful Valley of Chitral holds the visitors prisoner to its beauty and festivities. Known for its beauty and old traditions it is one of the most visited places in Pakistan. The yearly Kalash Festival is worth a watch.
Vibes of joy and gratitude are felt all around Hindukush when girls go to the hillside for dances and singing. During festivals, new-born babies and their mothers are purified, the graveyards visited to remember those passed, tribal elders gather at hilltops to watch the rising sun of the new year, among many other rituals.
With Indian movies out of play in Pakistan, can Pakistani cinema fill the void? Pakistani romcoms have not been up to standard but there are certain flicks that intrigued people. Pakistani cinema has the capacity to amaze but the progress has been rather slow.
News Desk |
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