Name of CompanyThe United Insurance Company of Pakistan Limited (UIC).HistoryThe United Insurance Company of Pakistan Limited was established in the year 1959 on the Twentieth day of October. It was operational in Pakistan including East Pakistan (now Bangladesh). UIC operating more than 100 branches all over Pakistan. UIC doing General business including Group Health Insurance, Travel Insurance (Health), Travel Bonds & Guarantees, Livestock and Crop Insurance.Type of CompanyIt is a public limited company listed in Pakistan Stock Exchange Limited (Formerly Karachi Stock Exchange Limited). UIC directors hail from various vocations & professions.Status of CompanyPIC – Public Interest CompanyInsurer Financial Strength“AA+” by PACRA – Press Release
“AA+” by VIS (Formerly JCR-VIS) – Press Release
Company Registration NumberCUIN. 0001037 – (Previous: KAB-753 OF 1959-60)National Tax Number0712543-7
ChairmanMr. Jamil Ahmed KhanChief Executive OfficerMr. Muhammad Akram ShahidChief Operating Officer/Executive DirectorMr. Aamir
HameedDirectorsMr. Khawas Khan Niazi
Miss Huma Waheed
Mr. Muhammad Rahat Sadiq
Mr. Agha Ali Imam
Mr. Syed Rahat Ali ShahAdvisorsMaj. General (R) Asif Duraiz Akhtar
Mr. Sardar Khan
(Former Managing Director Universal Insurance Company Ltd.)
Company SecretaryMr. Athar A. KhanChief Financial OfficerMr. Maqbool AhmadChief Internal AuditorMr. Abdul Mannan Munir (ACCA)External AuditorsM/S. RSM Avais
Hyder Liaquat Nauman
Chartered AccountantsLegal AdvisorsMian Asghar Ali (Advocate)
Mr. Muhammad Farooq Sheikh (Advocate)
Tax AdvisorM/s. Sarwars, Chartered AccountantsCompany RegulatorSecurities and Exchange Commission of Pakistan
Website: secp.gov.pkCompany’s Share RegistrarM/s. F.D. Registrar Services (Private) Ltd.
Office #1705, 17th Floor,
Saima Trade Tower – A,
I.I.Chundrigar Road,
Karachi-74000.
Telephone # : (+92-21) 35478192-93
Fax# : (+92-21) 32621233
E-mail: [email protected]Share IssuerCompany is a member of Central Depository Company of Pakistan (CDC)Rating AgencyThe Pakistan Credit Rating Agency Limited (PACRA)
VIS Credit Rating Company Limited(Formerly JCR-VIS Credit Rating Company) (VIS)
Web Presencewww.theunitedinsurance.comRegistered Office204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Karachi, Pakistan.
Tel.: (+92-21) 35621461 – 62, 35621459
E-mail: [email protected]Head OfficeUIG House,
01, Upper Mall,
Lahore, Pakistan.
U.A.N.: (+92-42) 111-000-014
Tel.: (+92-42) 380-21111
E-mail: [email protected]Branch OfficesView list of BranchesBusiness TariffInsurance 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.Rules and Regulations
Companies Act, 2017
Insurance Ordinance 2000
Income Tax Ordinance 2001
Pakistan Stock Exchange Rules & Regulations
Trade Membership
Company Enlisted withZTBL RUDA, NHA, DHA, PHA, IATA, LDA LAYARI DEVELOPENT AUTHORITY, FHA, FWO, NPHP, WARSA, POWER AND ENERGY PROJECTS & CPEC
For complete list please click here
Company’s Reinsurers
M/s. Swiss Reinsurance Company Limited, Zurich.
M/s. Korean Reinsurance Company Limited, Singapore Branch.
M/s. Pakistan Reinsurance Company Limited, Pakistan.
M/s. Trust International Insurance & Reinsurance Company B.S.C. Bahrain (TRUST RE).
M/s. Malaysian Reinsurance Berhad, Malaysia.
M/s. Labuan Reinsurance (L) Ltd, Malaysia.
M/s. Hannover Ruckversicherung AG, Kuala Lumpur Branch, Malaysia.
M/s. AXA XL Reinsurance.
M/s. Oman Reinsurance Company.
M/s. Beazley Pte Ltd.
M/s. Emirates International, Dubai.
M/s. Canopius Asia Pte Ltd.
M/s. MAPFRE ASISTENCIA – (GULF ASSIST) Bahrain.
M/s. Kuwait Reinsurance Company, Kuwait.
M/s. AON Singapore (Broking Centre) PTE Limited.
M/s. AON UK Limited
Retakaful Treaties:
M/s. Swiss Re-Takaful Ltd. Switzerland
M/s. GIC Re-Takaful, Dubai
M/s. Labuan Reinsurance (L) Ltd, Malaysia
M/s. Tunis Retakaful, Tunisia
TreatyTreaty arrangement can easily assume any single risk up to the value of Pak Rs. 1 Billion and it is certified by the Securities & Exchange Commission of Pakistan.
