Pre-Qualification of International Reinsurance Brokers for PRCL Facultative and Treaty Business

Pakistan Reinsurance Company Limited (PRCL) Karachi invites qualified international reinsurance brokers for pre-qualification to handle Facultative and Treaty business. This procurement is specifically for the pre-qualification of international reinsurance brokers to provide expert brokerage services to PRCL. Items being procured: - Pre-Qualification of International Reinsurance Brokers for PRCL's Facultative Business - Pre-Qualification of International Reinsurance Brokers for PRCL's Treaty Business The scope involves brokerage services for facultative and treaty reinsurance business, requiring brokers with international experience and capability to handle complex reinsurance arrangements. The process is governed by PPRA Rule-16 and relevant procurement guidelines. Interested bidders must submit their proposals electronically through EPADS version 2.0 by 11th August 2026 at 11:00 AM Pakistan Standard Time. Proposals will be opened on the same day at 11:30 AM. Manual submissions will not be entertained. Eligibility criteria include compliance with regulatory requirements and proven experience in international reinsurance brokerage. FBR registration and relevant credentials are expected. The submission and opening dates are critical, with the deadline firmly set on 11th August 2026. The contact person is Taha Noor Khan, In-Charge Retrocession at PRCL, Karachi. A practical tip for bidders is to ensure timely electronic submission via EPADS and to review the tutorial available on YouTube for registration and submission procedures to avoid disqualification due to technical errors. This tender offers a significant opportunity for international brokers to partner with a leading Pakistani reinsurance company.