Share holders have approved the company to work as Window Takaful Operator 11th Extra ordinary General Meeting of The United Insurance Company of Pakistan Limited was successfully conducted at Royal Palm Golf Club Lahore on June 12, 2014 at 11.30am. Meeting was chaired by Mr. Khawas Khan Niazi. Directors of the company Mr. Muhammed Rahat Sadiq, Director Huma Waheed, Mr. Tajammal Iqbal and Mr. Maqbool Ahmed attended the meeting. Large number of shareholders was present at the meeting to discuss the agenda. Director Huma Waheed presented the purposes of Islamic insurance to shareholders and explained them Islamic point of view of Takaful Insurance. Chief Executive Officer Mr. Rahat Sadiq explained the benefits of Takaful insurance to the shareholders and stated...

In pursuance of the permission for calling Extra Ordinary General Meeting at Shorter Notice vide SECP Letter No. K-0001037/COM/2014/208 dated June 05, 2014 and NOC from SECP Commission vide letter No.ID/SUP/UICL/2014/19950 dated June 06, 2014, the notice is hereby given that 11th Extra Ordinary General Meeting of the United Insurance Co. of Pakistan Ltd will be held on Thursday, the June 12, 2014 at 11.30 am at Royal Palm Golf & Country Club, Lahore to transact the following business: ORDINARY BUSINESS: 1. To confirm the minutes of 54th Annual General Meeting held on April 28, 2014. SPECIAL BUSINESS: 2. To alter Company’s objects contained in Clause 3(1) of Memorandum of Association by passing of the following special resolution with or without modification...

Swiss Reinsurance Company Ltd, generally known as Swiss Re, is a Swiss reinsurance company. It is the world’s second-largest reinsurer, after having acquired GE Insurance Solutions. The company has its headquarters in Zurich. Hannover Re, with a gross premium of around EUR 14.0 billion, is the third-largest reinsurer in the world. It transacts all lines of non-life and life and health reinsurance and is present on all continents with around 2,400 staff. Korean Re was established in 1963 as a state-owned reinsurance company. It was privatized in 1978 and is now the 10th largest reinsurance company in the world (and the largest in Asia). Korean Re provides firm support to Korea’s industry through reinsurance services and, by working together with other...

Lahore: Governor of Punjab Chaudhry Muhammad Sarwar has awarded United International Group (UIG) for its remarkable services in the field of insurance and banking. UIG won the best achievements award for the year 2013 for promotion of banking and insurance in Pakistan and abroad, said a press release issued here today. The award was accorded by Governor Punjab Chaudhry Muhammad Sarwar in a simple but impressive ceremony held at Governor House Lahore. CEO of the United Insurance Company (UIC) Rahat Sadiq received the award on behalf of Mian Shahid, Chairman of UIG as he was abroad. Chaudhry Sarwar lauded the leadership of Mian Shahid and the services of UIG while stressing on provision of insurance cover and banking facilities to maximum number of...

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