Reinsurance Services for SLIC Gulf Business

State Life Insurance Corporation of Pakistan, headquartered in Karachi, is inviting bids for the hiring of reinsurance services specifically for its Gulf business operations. This procurement targets well-recognized national and international reinsurance firms capable of providing comprehensive reinsurance solutions to support the corporation’s insurance portfolio in the Gulf region. The technical scope includes provision of reinsurance services as detailed in the tender documents available on the PPRA and State Life websites, as well as the EPADS system. Bidders must be registered with PPRA for e-procurement on the EPADS platform to participate. The tender follows the Single Stage - Two Envelope Procedure, requiring separate technical and financial bids to ensure transparent evaluation. Eligible bidders should have relevant experience in reinsurance services, be compliant with FBR registration, and meet any additional criteria outlined in the tender documents. The submission deadline is strictly by 10th August 2026 before 11:00 a.m., with technical bids opening the same day at 11:30 a.m. All bids must be submitted electronically through the EPADS system. A practical tip for bidders is to ensure timely registration and familiarity with the EPADS e-procurement system to avoid disqualification due to procedural errors. Also, carefully prepare the technical bid to meet all requirements before submitting the financial bid separately as per the two-envelope procedure. This tender offers a significant opportunity for reinsurance firms to engage with Pakistan’s largest life and health insurer, contributing to its Gulf business expansion and risk management strategy.