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The Universal Insurance Company Limited (Pakistan)

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

The Universal Insurance Company Limited offers non-life insurance products and provides quality and cost effective insurance coverage to its customers against various perils. The company is a member of Insurance Association of Pakistan (IAP), Lahore Chamber of Commerce, Sialkot Chamber of Commerce and Rawalpindi Chamber of Commerce.

Headquarters
63-Shahrah-E-Quaid-E-Azam
Lahore; Punjab; Postal Code: 54000

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1958
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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85.964%
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10.702%
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0.851%
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0.807%
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0.596%
Subsidiaries
Ghandhara Industries Limited
5.56%
Company Performance
Financial values in the chart are available after The Universal Insurance 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
-70.12%
Operating profit (EBIT)
80.05%
Net Profit (Loss) for the Period
-135.75%
Total assets
-7.36%
Investments
-78.72%
Receivables
-9.85%
Total equity
-10.9%
Net Premiums Earned Trend
-53.55%
Net Profit Trend
N/A
Return on Equity (ROE)
-2.78%
Loss Ratio
29.05%
Underwriting Expenses Ratio
328.3%

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