Apr 19, 2022
Finnfund, a development financier and impact investor of the Finnish Government, is strengthening their role and expertise as an impact investor in the insurance sector.
The 3 million US dollar equity investment in TPL Insurance Limited, Pakistan’s first direct insurance company, will enable the company to introduce innovative and tech-driven products. “TPL’s ambitious development of new service channels and products will allow access to insurance for those previously underserved”, says Investment Manager Ulla-Maija Rantapuska in the press release.
Read the release here.
Read more about Finnfund’s investments in financial institutions.