Travel & Cargo Agents Guarantees

»Posted on Apr 17, 2013 in

First time in Pakistan UIC providing IATA BSP / CASS Guarantee, DTS Guarantee, PIA – PSA Guarantee, All Domestic Airlines Guarantee and UMRAH Guarantees in joint collaboration with Summit Bank Limited. For more information please contact: Zonal Office Karachi:  201, 2nd Floor, Aamir Trade Centre, PECHS Block-2, Allah Wali Chowrangi, Main Shahrah-e-Quaideen, Karachi. Tel: +9221-34304840-43, 34321929-30 Fax: +9221-34314735 Email:

read more

Conference on ‘Sustainability Reporting, CSR and Governance’

»Posted on Feb 20, 2013 in hotnews

  On Tuesday January 22, 2013 Pakistan Institute of Corporate Governance (PICG) held its annual Conference on Sustainability Reporting, Corporate Social Responsibility and Governance at Pearl Continental Hotel, Karachi. The Conference was sponsored by Lucky Cement and JS Bank and co-sponsored by Attock Refinery Limited and Lotte Pakistan PTA Limited. Mr. Fuad A. Hashimi, President & CEO of PICG opened the Conference. He gave a snapshot of PICG’s engagement with its corporate partners. Almost 600 people have been inducted in to PICG’s director training program out of which 361 are certified directors . PICG is also working towards introducing gender diversity on boards up to a target level of 35 percent. He said governance and sustainability were...

read more

UIC Permitted to Launch Takaful Operations

»Posted on Aug 20, 2014 in hotnews, News

The Securities and Exchange Commission of Pakistan (SECP) has allowed United Insurance Company (UIC) to launch Takaful operations. The notification issued by SECP in this regard said that UIC has been granted permission to launch Window Takaful operations in respect of general Takaful products, according to a statement issued by UIC here Tuesday. Takaful is a type of insurance system devised to comply with the Shariah laws, in which money is pooled and invested. Commenting on this development, United International Group Chairman Mian Shahid – of which UIC is a member company – lauded SECP for permitting conventional insurance companies to launch Takaful which is the Islamic alternative to mainstream insurance products. “This decision of the government will...

read more

11th Extra Ordinary General Meeting (EOGM)

»Posted on Jun 14, 2014 in hotnews, News

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...

read more

Notice of the 11th Extra Ordinary General Meeting

»Posted on Jun 10, 2014 in hotnews, Latest News

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...

read more