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ICA introduces Afghanistan’s first ever private health insurance

The Insurance Corporation of Afghanistan (ICA) announced release of its comprehensive private health insurance, which is introduced for the first time in Afghanistan. The product comes with international standards features including comprehensive inpatient and outpatient healthcare coverage, access to approved

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Insurance Corporation of Afghanistan launches travel insurance package

Afghanistan’s first private insurance company, Insurance Corporation of Afghanistan (ICA), launches its travel insurance package which offers a wide range of benefits.  The package includes Personal Accident Insurance, Emergency Medical Expenses (up to a limit of USD 1m) Travel Inconvenience,

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Afghan Insurance Commission making efforts to institutionalize insurance

The Afghan Insurance Commission of the Ministry of Finance has undertaken public awareness programs in a bid to develop insurance culture among the general public and to institutionalize insurance in the country. As part of their efforts, the Commission has

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Unlicensed insurance business gouging revenue away from Afghanistan

Afghan authorities are urged to clamp down unlicensed international insurance groups that are taken up much of the fiscal revenue. The Afghan law requires that any insurance that is bought from outside of Afghanistan must go through a local carrier.

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Afghan insurance companies attend the 3rd annual MENA Insurance Summit

The 3rd Annual Middle East and Africa Insurance Summit was held in Dubai city on January 14th and 15th  to hear real time updates and share solutions for overcoming the latest challenges in the field of insurance in the region.

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ICA sponsors the CWI Summit

The Countrywide Investment-CWI Summit in Delhi from January 15-January 16 brought together important figures from the government and the private sector of Afghanistan to discuss elements needed for boosting investment in Afghanistan and addressing the challenges faced by the private

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Sayed Saadat Mansoor Naderi, winner of the peace through commerce award

The Afghan entrepreneur, Sayed Saadat Mansoor Naderi, was officially awarded the Peace through Commerce award for 2012 by the United States Department of Commerce in Dubai. The International Trade Administration’s Peace through Commerce medal has recognized eight individuals and organizations

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Afghans’ need for political violence insurance

Security is an important aspect here in Afghanistan. It cannot have escaped even the most casual observers notice that violent incidents directed at Military, NGO’s and Civilian targets have shown a dramatic increase on 2011 levels, some reports indicate this

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Afghans' need for political violence insurance

Security is an important aspect here in Afghanistan. It cannot have escaped even the most casual observers notice that violent incidents directed at Military, NGO’s and Civilian targets have shown a dramatic increase on 2011 levels, some reports indicate this

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Insurance Services and its Problems in Afghanistan

Despite the presence of four insurance companies in Afghanistan, individual insurance coverage is yet not available in Afghanistan and majority of people’s property are not indemnified. The culture of insurance is not as widespread among the general public. The insurance

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Afghan Government making effort to promote insurance culture

Ministry of Mines hosted a one day conference on introducing insurance to the employees of the ministry. Afghan Insurance Commissioner Fazl Bari Mumtaz has undertaken the task of spreading knowledge of insurance, starting within the government offices. According to Mr.

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Afghanistan Insurance Department Making Efforts for Expanding Insurance

Officials from Insurance Department of the Ministry of Finance say that efforts are on hand to expand insurance service and promote insurance culture in Afghanistan. Security issues, lack of public awareness, and absence of a training center on insurance are

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Afghanistan’s 4th Private Insurance Company is Granted License

The Insurance Group of Afghanistan received its license from the Ministry of Finance on Saturday in a ceremony at Kabul Serena Hotel from the Ministry of Finance. Speaking at the conference, IGA’s President Sakeena Banu Ghazanfar emphasized on laying out

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Demands for strengthening of insurance field in Afghanistan

Currently, a limited number of insurance companies are active in Afghanistan. Since these companies have failed to win people’s trust, they have failed to insure bigger businesses. A number of traders from the private sector and common people say that

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