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Premier Insurance Limited (Pakistan)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Premier Insurance Limited Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

1952 - the 1st Governor of the State Bank of Pakistan gets the top businessmen together –agenda - establish a Pakistani insurer, it is critical to the economic growth of the new country……the captains agree and PREMIER INSURANCE LIMITED is born.
Today, Premier is a leading insurer listed on the Karachi , Lahore and Islamabad Stock Exchanges with many Top Companies' Awards to its credit.
Our franchise spans the country, all economic sectors and all classes of general insurance run by top quality professionals supported by leading edge technology.
Financial strength, technical expertise, business ethics and service levels make Premier a partner of choice in the risk management programs of most major business houses.
Prompt settlement of even the largest claim is key to our clients' satisfaction with many 4th generation relationships built on experience of Premier being there when needed.
With our values firmly anchored in our founders' objective of serving the nation, we are committed to maintaining, and ever building, our tradition of excellence in all that we do.


Headquarters
5Th Floor, State Life Building No.2A, Wallace Road
Karachi; Sindh; Postal Code: 74000

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Website: http://www.pil.com.pk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1952
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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46.2%
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18.34%
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8.2%
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4.6%
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3.1%
Subsidiaries
Crescent Powertec Limited
8%
Company Performance
Financial values in the chart are available after Premier Insurance 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
-5.14%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
61.71%
Total assets
7.54%
Investments
26.27%
Receivables
-46.27%
Total equity
34.85%
Net Premiums Earned Trend
N/A
Net Profit Trend
11.98%
Return on Equity (ROE)
2.89%
Loss Ratio
11.2%
Underwriting Expenses Ratio
-4.61%

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