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Reliance Insurance Company Limited (Pakistan)

Main Activities: Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Reliance Insurance 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

Reliance Insurance Company Limited is a public limited company located in Karachi, Pakistan. It was incorporated in 1981 and is listed on the Pakistan Stock Exchange. The company is registered with the Central Depository Company of Pakistan Ltd. (CDC) and primarily operates in the general insurance business. Since its establishment in 1981, Reliance Insurance has gained a strong reputation and is considered one of the leading insurers in Pakistan due to its sustained growth.

Headquarters
181-A, Sindhi Muslim Co-Operative Housing Society, P .O. Box No. 13356
Karachi; Sindh; Postal Code: 74400

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Website: http://www.relianceins.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1981
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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47.41%
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25.38%
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6.18%
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5.9%
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4.2%
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
17.24%
Operating profit (EBIT)
354.53%
Net Profit (Loss) for the Period
377.28%
Total assets
28.71%
Investments
33.76%
Receivables
29.32%
Total equity
29.88%
Net Premiums Earned Trend
-26.11%
Net Profit Trend
214.95%
Return on Equity (ROE)
10.85%
Loss Ratio
49.82%
Underwriting Expenses Ratio
38.83%

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