Corporate Profile

   
Name of Company The United Insurance Company of Pakistan Limited (UIC).
History The 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 Company It 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 Company ESC – Economically Significant Company
Insurer Financial Strength  “A+” (Single A Plus) by PACRA – Press Release
Company Registration Number CUIN. 0001037 –   (Previous: KAB-753 OF 1959-60)
National Tax Number 0712543-7
Chairman Chaudhary Najeeb-ur-Rehman
Chief Executive Officer Mohammed Rahat Sadiq
Director/President Khawas Khan Niazi
Directors Javaid Sadiq
Miss Huma Waheed
Taseer Yousaf Makhdoom
Agha Ali Imam
Advisor to Board Mian M.A. Shahid (Chairman UIG)
Advisors Maj. General (R) Asif Duraiz Akhtar

Sardar Khan
(Former Managing Director Universal Insurance Company Ltd.)

Jamal uddin
(Ex-President/Chief Executive Officer Askari General Insurance Company Limited)

Company Secretary Athar A. Khan
Chief Financial Officer Maqbool Ahmad
Chief Internal Auditor Abdul Mannan Munir (ACCA)
Auditors M/S. RSM Avais Hyder Liaquat Nauman, Chartered Accountants
Legal Advisors Mian Asghar Ali (Advocate)
Muhammad Farooq Sheikh (Advocate)
Income Tax Advisor M/s. Sarwars, Chartered Accountants
Company Regulator Securities and Exchange Commission of Pakistan
Website: secp.gov.pk
Company’s Share Registrar M/S. F.D. Registrar Services (SMC-PVT) Ltd.
Office #1705, 17th Floor,
Saima Trade Tower,
I.I.Chundrigar Road,
Karachi-74000.
Telephone # : (+92-21) 35478192-93
Fax# : (+92-21) 32621233
E-mail : fdregistrar@yahoo.com
Share Issuer Company is a member of Central Depository Company of Pakistan (CDC)
Rating Agency The Pakistan Credit Rating Agency Limited (PACRA)
Web Presence www.theunitedinsurance.com/eng
Registered Office 204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Karachi,Pakistan.
Tel.: (+92-21) 35621460 – 62, 35621459
Telex: 20919 UIC-PK
Telegram: UNITINSURE
Fax: (+92-21) 35621459
E-mail: info@theunitedinsurance.com
Head Office UIG House,
2nd Floor,
6-D, Upper Mall,
Lahore, Pakistan.
U.A.N.: (+92-42) 111-000-014
Tel.: (+92-42) 35776475 to 83, 042-35776485
Fax: (+92-42) 35776486 – 87
E-mail: uicp@theunitedinsurance.com
Business Tariff 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.
Rules and Regulations
  • Companies Ordinance 1984
  • Insurance Ordinance 2000
  • Fire, Marine & Motor Tariff (IAP)
Trade Membership
Company Registered with
  • SBP and other Schedule Banks
  • Islamic Banks
  • Leasing Companies

For complete list please click here

Company’s Reinsurers
  • M/s. Swiss Reinsurance Company Limited, Zurich
  • M/s. Korean Reinsurance Company, 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. MAPFRE ASISTENCIA – (GULF ASSIST) Bahrain
  • M/s. Kuwait Reinsurance Company, Kuwait.
Treaty Treaty 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.