About Aon in Pakistan & Bangladesh
Aon Limited Associate Office was established in Karachi 15 years ago. Headed by an insurance-industry veteran and supported by a team of professionals, Aon provides top-quality services and advice for global and risk-managed clients, helping minimize costs and safeguarding resources and reputations. We also have a branch in Islamabad for our clients in Pakistan's North. The Pakistani operations are also responsible for Aon clients in Bangladesh, where we have plans to open an office, in Dhaka, soon.
Noteworthy facts about the Pakistani insurance market:
- Insurance tariffs apply (application for special rating available)
- Non-Admitted insurance is prohibited
- Insurance is compulsory for Motor-Vehicle Third Party and Workmen's Compensation
- Reinsurance
- mandatory cessions of 15%
- fronting costs of approximately 5% - 10%