Regulatory Alerts2025-12-08
Added · Updated
Circular No. 34 of 2025 – Growth Rate Scenarios For Life Insurance and Family Takaful Ilustrations, 2026
Life insurers and family takaful operators must use nominal growth rate scenarios of 9% and 13% for all new policy illustrations in 2026. This requirement applies to policies specified in the Directive for Life Insurance and Family Takaful Illustrations, 2024, including those issued by family window takaful operators. The scenarios were determined in consultation with the Pakistan Society of Actuaries and remain unchanged from previous years.
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