Tender Details
Description / Scope of Work
State Life Insurance Corporation of Pakistan, the nation's largest life and health insurer, invites technical and financial bids for the hiring of reinsurance services for its conventional home business division. The tender, referenced as PO/CPD/UND/40/2026, is issued by the Central Procurement Division at the Principal Office in Karachi, Sindh. This is a single-stage two-envelope procurement conducted under PPRA rules via the ePADS e-procurement system. Bids are solicited from well-recognized national and international reinsurance firms capable of providing comprehensive coverage for the insurer's home business portfolio. The scope encompasses conventional reinsurance arrangements to protect SLIC's exposure in this segment.
Prospective bidders must be registered with PPRA for e-procurement on the ePADS system and comply with all mandatory eligibility criteria stipulated in the tender document. Technical and financial bids will be evaluated according to PPRA procurement guidelines. Bid security requirements and detailed eligibility provisions are specified in the full tender document. All submissions must be made exclusively through the ePADS platform by the prescribed deadline.
Tender documents are available for download from the PPRA/SLIC website (www.ppra.org.pk, www.statelife.com.pk) and the ePADS system. Filled bids must be submitted via ePADS latest by 22 October 2026 before 11:00 a.m., with technical bids opening on the same day at 11:30 a.m. Interested parties should contact the Secretary, Central Procurement Division, State Life Insurance Corporation, 5th Floor, State Life Building No. 09, Dr Ziauddin Ahmed Road, Karachi, or call +92-21-9920482 for further details and document clarification.
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State Life seeks a reinsurance partner for its home business (conventional) through formal competitive tender.
This is a significant service engagement for a major national insurer, likely recurring annually or multi-year. Reinsurers must be internationally recognized, PPRA-registered, and capable of handling Pakistan's largest life insurer's residential exposure. Submission via ePADS only; strict deadline compliance essential. Limited detail on cover limits or premium volumes in this notice.
Who can bid: Bidders must be registered with PPRA for e-procurement and submit bids only through ePADS. Well-recognized national and international reinsurance firms are invited; typically such engagements require proof of regulatory authorization, financial standing, and relevant experience. Specific licensing requirements (SECP or equivalent) should be confirmed in full tender documents.