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Adamjee Insurance Company Limited (Pakistan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Adamjee Insurance Company Limited Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Adamjee Insurance is the largest general insurance company in the country. The company specializes in insuring Engineering and Telecom concerns, as well as providing coverage to the Textile and Sugar sectors. They offer a wide range of products, including Kidnap & Ransom, Professional Indemnity, and Product Liability insurance. Additionally, they are a prominent player in the insurance industry, particularly in Project Finance Insurance.

Headquarters
Adamjee House, 6Th Floor, I.I. Chundrigar Road
Karachi; Sindh; Postal Code: 74000

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Website: http://www.adamjeeinsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1960
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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20.72%
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20.25%
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8.67%
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4.97%
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4.36%
Subsidiaries
MCB Investment Management Limited
7.59%
Siemens (Pakistan) Engineering Company Limited
1.8%
Adamjee Life Assurance Company Limited
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
15.01%
Operating profit (EBIT)
-46.3%
Net Profit (Loss) for the Period
138.98%
Total assets
22.98%
Investments
36.93%
Receivables
-28.67%
Total equity
31.37%
Net Premiums Earned Trend
-2.97%
Net Profit Trend
117.02%
Return on Equity (ROE)
2.74%
Loss Ratio
-3.96%
Underwriting Expenses Ratio
5.61%

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