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Jubilee General Insurance Company Limited (Pakistan)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Jubilee General Insurance Company Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Established in 1953, NJI is one of the brightest and most reputable names in the insurance sector.
Sustained growth over half a century has secured NJI a place among the “Big Three” Pakistani insurance in terms of gross direct premium and financial base. NJI is listed on the Karachi & Lahore Stock Exchanges. Major shareholders include Aga Khan Fund for Economics Development and Hashoo Group. NJI, with its Head Office in Karachi, has an extensive and dynamic branch network in all major cities and towns of Pakistan that guarantees prompt service at the customer’s doorstep.
NJI’s business philosophy can be summed up as Customer Protection, Customer Satisfaction and Customer Trust. This is acquired largely by ability to handle claims effectively. The customer focus and pro-active management approach in all areas of business, allow NJI to underwrite and handle claims in an expeditious and efficient manner.
The true test of soundness of insurance converge is the duration of client relationships. This is proven by the fact that many clients have been with us for over 40 years. Clients are satisfied knowing that NJI is their best security.
“NJI is the only company among the top insurers to secure and sustain an Insurer Financial Strength Rating of “AA” both by PACRA and JCR-VIS.”


Headquarters
2Nd Floor, Jubilee Insurance House, I.I. Chundrigar Road
Karachi; Sindh;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1953
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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23.02%
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1.3%
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0.3%
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0.03%
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0.02%
Subsidiaries
Jubilee Life Insurance Company Limited
Company Performance
Financial values in the chart are available after Jubilee General 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
24.25%
Operating profit (EBIT)
123.58%
Net Profit (Loss) for the Period
95.32%
Total assets
16.26%
Investments
24.87%
Receivables
9.43%
Total equity
27.91%
Net Premiums Earned Trend
14.79%
Net Profit Trend
N/A
Return on Equity (ROE)
7.67%
Loss Ratio
4.82%
Underwriting Expenses Ratio
1.69%

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