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Askari Life Assurance Company Limited (Pakistan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: Askari Life Assurance Company Limited Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Askari Life Assurance Co. Ltd, is part of one of the leading conglomerates in Pakistan - Army Welfare Trust (AWT). The company specializes in providing a wide range of insurance plans, including individual saving plans and life insurance and group life insurance. By its customized insurance products Askari Life Assurance is always looking to add innovation to the existing services.

Headquarters
Office No.1104, 11Th Floor, Emerald Tower, Plot No. G-19, Block 5, Kda Improvement Scheme No.5, Clifton
Karachi; Sindh; Postal Code: 74400

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Website: http://www.askarilife.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
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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Chief Executive Officer
Ownership Details
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66.65%
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19.045%
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11.234%
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0.002%
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0.002%
Subsidiaries
East West Insurance Company Limited
0.004%
Company Performance
Financial values in the chart are available after Askari Life Assurance Company Limited report is purchased.
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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
19.11%▲
Operating profit (EBIT)
61.67%▲
Net Profit (Loss) for the Period
55.3%▲
Total assets
32.87%▲
Investments
33.88%▲
Total equity
-0.34%▼
Net Premiums Earned Trend
-6.52%▼
Net Profit Trend
-28.8%▼
Return on Equity (ROE)
18.54%▲
Loss Ratio
3.45%▲
Underwriting Expenses Ratio
-5.58%▼

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