TPL Insurance changes name to JazzSure

Business Recorder reported that TPL Insurance Limited will now be known as JazzSure Insurance Limited from 7th October, 2026, after shareholders approved the change at an Extraordinary General Meeting. The listed insurer informed the Pakistan Stock Exchange of the rename in a notice on Thursday. The change follows the completion of Jazz International Holding Limited's acquisition of a 76.33% stake on July 13, 2026.

Jazz International Holding Limited, a subsidiary of VEON Ltd, now holds 76.33% of the company's issued share capital, the notice said. Approvals came from the SECP on February 11, 2026, and from the Competition Commission of Pakistan on April 14, 2026, the latter after a Phase-I review. A definitive agreement for the deal, valued at approximately Rs4.15 billion, had been signed on March 8, 2026.

TPL Corp Limited, which had a 52.87% stake in TPL Insurance, formally entered the share purchase agreement on March 5, 2026. The deal was aimed at widening Jazz's digital financial services, with insurance added alongside JazzCash, Mobilink Bank and FikrFree. VEON's interest in the insurer was first expressed on September 4, 2025.