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 | PIC – Public Interest Company |
Insurer Financial Strength | “AA+” by PACRA – Press Release “AA+” by VIS (Formerly JCR-VIS) – Press Release |
Company Registration Number | CUIN. 0001037 – (Previous: KAB-753 OF 1959-60) |
National Tax Number | 0712543-7 |
Chairman | Mr. Jamil Ahmed Khan |
Chief Executive Officer | Mr. Muhammad Akram Shahid |
Chief Operating Officer/Executive Director | Mr. Aamir Hameed |
Directors | Mr. Khawas Khan Niazi Miss Huma Waheed Mr. Muhammad Rahat Sadiq Mr. Agha Ali Imam Mr. Syed Rahat Ali Shah |
Advisors |
Maj. General (R) Asif Duraiz Akhtar Mr. Sardar Khan |
Company Secretary | Mr. Athar A. Khan |
Chief Financial Officer | Mr. Maqbool Ahmad |
Chief Internal Auditor | Mr. Abdul Mannan Munir (ACCA) |
External Auditors | M/S. RSM Avais Hyder Liaquat Nauman Chartered Accountants |
Legal Advisors |
Mian Asghar Ali (Advocate) Mr. Muhammad Farooq Sheikh (Advocate) |
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 (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: 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) VIS Credit Rating Company Limited(Formerly JCR-VIS Credit Rating Company) (VIS) |
Web Presence | www.theunitedinsurance.com |
Registered Office | 204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Karachi, Pakistan. Tel.: (+92-21) 35621461 – 62, 35621459 Fax: (+92-21) 35621459 E-mail: info@theunitedinsurance.com |
Head Office | UIG House, 01, Upper Mall, Lahore, Pakistan. U.A.N.: (+92-42) 111-000-014 Tel.: (+92-42) 35776475 to 83 Fax: (+92-42) 35776486 E-mail: uicp@theunitedinsurance.com |
Branch Offices | View list of Branches |
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 |
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Trade Membership | |
Company Enlisted with |
ZTBL RUDA, NHA, DHA, PHA, IATA, LDA LAYARI DEVELOPENT AUTHORITY, FHA, FWO, NPHP, WARSA, POWER AND ENERGY PROJECTS & CPEC |
Company’s Reinsurers |
Retakaful Treaties:
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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. |