LEGAL UPDATES
During this unprecedented impact of the Coronavirus (COVID–19) pandemic we wanted to reassure you of our continued service. We understand that you will be dealing with your own organisational challenges in facing the realities of COVID-19, but please be assured that we will be available to render all legal assistance to you without disruption. We endeavour to post regular legal and industry updates on our website to keep you informed. We, at LMA, hope and pray for everyone’s continued safety. (24.03.2020).      Memo on the measures taken by Regulatory Authorities, the Federal Government and Provincial Governments in Light of COVID – 19. (25.03.2020).

Insurance, Reinsurance & Takaful

At LMA we have a broad experience in matters pertaining to the insurance industry, ranging from advising clients on the legal and regulatory framework, the interpretation and applicability of the Insurance Ordinance, 2000 and rules and regulations thereto, and advising on insurance policies. The counsels at the firm regularly provide advice to both local and international companies on insurance and reinsurance policies, including drafting of documentation for bancassurance products for banks. We have rendered extensive advice to an international insurance business group for establishing a conventional insurance company and a takaful company in Pakistan. We also represent companies in the Superior Courts of Pakistan and before the Securities and Exchange Commission of Pakistan in relation to insurance claims and regulatory issues.

We have also advised banks in relation to insurance coverage relating to ATM withdrawal, credit, life, property, autos and mortgages.

As of recently, we have also advised insurance companies, both locally as well as internationally on online offering of products for the Pakistan space.