Insurance Coverage for PRCL Non-Marine Cat Main Program and Two Top Layers Treaties 2026-2027

Pakistan Reinsurance Company Limited (PRCL) Karachi is procuring insurance coverage for its Non-Marine Catastrophe (CAT) treaties including the Main Program and two Top Layers for the period 2026-2027. This procurement is specific to the insurance sector and involves complex risk coverage policies for non-proportional treaties. The scope includes three distinct Non-Marine CAT XOL treaties: Main Program, Top Layer, and Private Layer, each with coverage periods starting from 1st September 2026 to mid or end of 2027 as tentative dates. Bidders are invited to submit electronic bids through the EPADS version 2.0 platform by 29th July at 11:00 AM Pakistan Standard Time. The technical bids will be opened the same day at 11:30 AM. Manual submissions will not be entertained. This tender follows the Public Procurement Rules 2004 and related regulatory guidelines, ensuring transparency and fairness. Interested bidders must be registered with FBR and comply with all regulatory requirements. Experience in insurance underwriting and reinsurance treaties is essential for eligibility. The contact person for this tender is Taha Noor Khan, In-Charge Retrocession at PRCL, located at PRC Towers, M.T Khan Road Karachi. The contact phone number is 021-99202903-14. Bidders should carefully review the detailed terms and conditions available on the EPADS portal. A tutorial video is also provided to assist with the electronic submission process. A practical tip for bidders is to ensure their technical and financial bids are prepared separately and submitted electronically before the deadline. Early registration on the EPADS portal and thorough compliance with the bid submission instructions will help avoid last-minute issues. This tender offers a significant opportunity for insurance companies specializing in reinsurance treaties to engage with a leading government entity and secure contracts for the upcoming financial year.