Bid Invitation Pakistan Reinsurance Company Limited Karachi April 2020

PakRe Pakistan Reinsurance Company Limited Retrocession Department

Invitation for Bid

Sealed financial proposal of securities having rating as per bidding document are invited under Public Procurement Regulatory Authority (PPRA) Rules 2004 from international insurance / reinsurance brokers having minimum annual premium placement volume Of USD 500 million directly or through its local affiliate who should have a valid SECP license. The bid is required for the foreign reinsurance arrangement of the following policies:

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Bid Invitation Pakistan Reinsurance Company Limited Karachi April 2020

Sr. No. 01

Insured: Government of Baluchistan

Risk:  MI-171E Helicopter Registration No. AP-BNT

Type of Policy: Hull, TPL, PLL, PA to Crew and Passengers

Bids Submission Deadline (Technical and Financial): 21-05-2020 at 02:30 PM

Technical Bids Opening Deadline: 21-05-2020 at 03:00 PM

Method of Tender: Single Stage - Two Envelope Basis.

Terms and conditions can be obtained from undersigned at 11th floor PRCL Towers Karachi (Ph: 021-99202908-14 Ext. 301). Place of opening of bids will be committee room 14 floor, PRC Towers, 32-A, Lalazar Drive, M T. Khan Road, Karachi. This advertisement is available on PRCL and

PPRA websites.

Muhammad Usman Ghani

Head of Retrocession

Pakistan Reinsurance Company Limited

PRC Towers, 32-A, Lalazar Drive, M. T. Khan Road,

P.O. Box No. 4777. Karachi. Pakistan

Telephone: 92-21-99202908-14 Telefax: 92-21-99202921-2

Email: prcl@pakre.org.pk Website: www.pakre.org.pk

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