Hiring of Reinsurance Services for SLIC Home Business Conventional

The State Life Insurance Corporation of Pakistan, based in Karachi, is inviting bids for the hiring of reinsurance services specifically for its SLIC Home Business under the conventional segment. This procurement is crucial for managing risk and ensuring financial stability within the insurance portfolio. The scope involves engaging well-recognized national and international reinsurance firms capable of providing comprehensive reinsurance solutions tailored to the corporation’s needs. Interested firms must be registered with PPRA for E-Procurement on the EPADS system, as all bids will be submitted electronically. The tender follows the Single Stage - Two Envelope Procedure, requiring separate technical and financial bids. The technical bid should demonstrate the firm’s experience, financial strength, and compliance with regulatory requirements, while the financial bid will be evaluated subsequently. Eligibility criteria include valid registration with relevant authorities, proven track record in reinsurance services, and compliance with all PPRA rules. The tender documents can be downloaded from the official PPRA and SLIC websites, ensuring transparency and ease of access for all bidders. The submission deadline is set firmly at 10th August 2026 before 11:00 AM, with technical bids opening the same day at 11:30 AM. Bidders should ensure timely submission through the EPADS system to avoid disqualification. The contact office is the Central Procurement Division at State Life Insurance Corporation, Karachi. A practical tip for bidders is to thoroughly review the tender documents and ensure all technical requirements are met before submission. Attention to detail in the technical bid can significantly impact evaluation outcomes, so prepare your documentation carefully and submit early to avoid last-minute technical issues.