Pakistan

Askari General Insurance Co. Ltd

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Insurance Carriers Available in: English Format: PDF Download Most recent financial data: 2016 Buy full report

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Contact Information

Legal Address
3rd Floor,Awt Plaza,The Mall
Rawalpindi; Punjab; Map

Tel: +92-51902,+92-51902
Fax: +92-51927

Email:
@agico.com.pk

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

Company Description
Askari General Insurance Company limited (agico) was incorporated in 1995 as a public limited company and is quoted on all the three stock exchanges of Pakistan. It commenced its business in the same year and since then has by the grace of Allah maintained a steady growth.
agico is sponsored by the Army Welfare Trust (AWT) which is engaged in the business of finance, banking and production of consumer goods and services. The AWT has as many as 23 different companies working under its fold and most of these are quoted on the country’s stock exchanges.
agico is one of the leading companies of this Trust and is rapidly growing to become a market leader in insurance sector of the country. Besides providing the traditional coverage like marine, motor and fire, askari general insurance also has the capacity to offer specialized coverage on various engineering risks. It is a pioneer and a market leader in its own right in health insurance and constantly exploring avenues to offer protection in areas yet unexplored by other companies.
With the grace of Allah the consistent progressive journey which started in the year 1995 is continuing. The Company is readily accessible in all areas of the country due to the presence of a large network of branches.
The trust which our clients have in us is evident from the fact that the Company has maintained its growth even in times when all the economic activities are at the lowest ebb. In view of this stable performance the company as been adjudged by the some leading national and international financial rating companies as “the company of future”. askari general insurance has the commitment and the capacity to transform its promise into a reality.

NAICS Industry Classification
Main Activities: Insurance Carriers
Basic Information
Outstanding Shares:
: ()
Financial Auditors:
()
Incorporation Date:
1995
Profile Updated:
January 07, 2018
Key Executives
Chairperson
Director / Member of the Management Board
Director / Member of the Management Board
Director / Member of the Management Board
Director / Member of the Management Board
More
Ownership Details
Army Welfare Trust
59.18%
Other
Key Financial Highlights
2017 Q3C
Net insurance premium revenue
Net fee and commission income
Operating profit (EBIT)
Net Profit (Loss) for the Period
Total assets 3,924,011
Investments
Receivables
Total equity
Net Premiums Earned Trend
Net Income Trend
Return on Equity (ROE)
Loss Ratio
Underwriting Expenses Ratio
Note: units in Thousands. Statement: Non-Audited, Consolidated
Source: World's Vest Base, EMIS Company Database.
Financial Performance Charts
Top Competitors

Financial Statements

Annual Statements
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