Tender Details
Description / Scope of Work
State Life Insurance Corporation of Pakistan invites technical and financial bids for the hiring of reinsurance services for SLIC Gulf Business. This procurement is open to well-recognized national and international reinsurance firms under a single stage two-envelope procedure in compliance with PPRA Rules. The services are required for the Principal Office of State Life Insurance Corporation in Karachi, Federal Province. The scope encompasses specialized reinsurance support and management for the corporation's gulf region business operations, a critical service for managing insurance portfolio risk and ensuring adequate coverage capacity.
Bidders must be registered with PPRA for e-procurement on the E-PADS system and meet all eligibility criteria outlined in the tender document. The tender is open to both national and international reinsurance firms demonstrating recognized standing in the reinsurance industry. Bid security and performance guarantees are required as per the special conditions of contract. All bids must include technical proposals detailing service delivery capacity, expertise, and financial offers clearly separated in two envelopes as per single stage two-envelope procedure specifications.
The tender document is available for download from the PPRA website at www.ppra.org.pk, the E-PADS system portal, and State Life's official website at www.statelife.com.pk. Filled tenders must be submitted through E-PADS before 11:00 am on 22 October 2026 (PST). Technical bids will be opened on the same day at 11:30 am. Queries may be directed to the Central Procurement Division, State Life Building No. 09, Dr. Ziauddin Ahmed Road, Karachi at +92-21-99204521 or dmgs@statelife.com.pk. State Life reserves the right to accept or reject any or all bids in accordance with PPRA Rules.