VEON and JazzWorld Acquire TPL Insurance to Expand Digital Insurance Access Across Pakistan

VEON's subsidiary Jazz International Holding Limited has completed the acquisition of a 76.33% controlling stake in TPL Insurance Limited for approximately PKR 4.55 billion (~USD 16.4 million). The acquisition integrates insurance into VEON's digital ecosystem in Pakistan, which already includes JazzCash and Mobilink Bank, serving over 100 million customers. TPL Insurance is an AA-rated InsurTech company offering digital motor, health, fire, and property insurance products.