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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 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. Muhammad Ashraf 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.  Ihsan ul Haq Khan
Mr.  Abdul Hadi Shahid

Maj. General (R) Asif Duraiz Akhtar

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

Company Secretary Syed Muhammad Tariq Nabeel Jafri
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
Company’s Share Registrar M/s. F.D. Registrar Services (Private) Ltd.
Office #1705, 17th Floor,
Saima Trade Tower – A,
I.I.Chundrigar Road,
Telephone # : (+92-21) 35478192-93
Fax# : (+92-21) 32621233
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
ISO Certification ISO 27001:2022
Registered Office 204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Karachi, Pakistan.
Tel.: (+92-21) 35621461 – 62, 35621459
Head Office UIG House,
01, Upper Mall,
Lahore, Pakistan.
U.A.N.: (+92-42) 111-000-014
Tel.: (+92-42) 380-21111
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
  • Companies Act, 2017
  • Insurance Ordinance 2000
  • Income Tax Ordinance 2001
  • Pakistan Stock Exchange Rules & Regulations
Trade Membership
Company Enlisted with


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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. 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
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.