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The United Insurance Company Of Pakistan Limited (Pakistan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: The United Insurance Company Of Pakistan Limited Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Company was established in the year 1959 and commenced General Insurance business from January, 1960.
United Insurance is the only and First Insurance Company of Pakistan doing Crop Insurance and Livestock Insurance. (which have the reinsurance arrangement also)
Insurance Association of Pakistan has made various tariffs and the Company. as a member follows them in respect of insurance policy, wording, premium rating and rules and regulations.

Headquarters
Uig House, 6-D, Upper Mall
Lahore; Punjab;

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Website: http://www.theunitedinsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1959
Key Executives
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President
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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
Ownership Details
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12.4%
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9.04%
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5.49%
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4.49%
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3.4%
Company Performance
Financial values in the chart are available after The United Insurance Company Of Pakistan 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
9.38%
Operating profit (EBIT)
22.97%
Net Profit (Loss) for the Period
11.82%
Total assets
5.26%
Investments
7.66%
Receivables
-12.81%
Total equity
-7.56%
Net Premiums Earned Trend
5.55%
Net Profit Trend
-9%
Return on Equity (ROE)
2.44%
Loss Ratio
3.74%
Underwriting Expenses Ratio
-4.27%

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