Regulatory Alerts2025-12-05
Added · Updated
Circular No. 35 of 2025 - Declaration under Section 32(1)(d) of the Insurance Ordinance 2000
The Securities and Exchange Commission of Pakistan declares specific related party and other assets as admissible for solvency requirements for the period January 1, 2026 to December 31, 2026. Admissible related party assets include cash in scheduled banks, receivables due for up to three months, reinsurance recoveries, and investments in listed equity securities or sukuk bonds, subject to defined percentage limits. Other admissible assets encompass unit-linked fund investments in mutual funds and cash margins against guarantees, while all other assets remain inadmissible unless previously declared valid for specific insurers.