Sindh records nearly 40-fold rise in third-party insurance policies

Third-party motor cover in Sindh reached 452,515 policies over the eight months to November 2026, an almost 40-fold increase, Mettis Global reported, citing the Securities and Exchange Commission of Pakistan (SECP). The provincial government made this insurance compulsory for registered vehicles in March. The SECP helped launch the programme and created an online record system for checking policy status.

That system connects with Sindh’s vehicle registration and tax platforms. The cover applies when a vehicle causes injury, loss of life or damage to another person’s property, but does not pay for damage to the insured vehicle itself. With about 2.6 million vehicles registered in the province, the SECP said there is room to broaden coverage; Chairman Dr. Kabir Ahmed Sidhu added that the commission is pursuing a similar requirement in other provinces and nationwide implementation.