When it comes to insurance, credibility and trust are everything. In Pakistan, one of the most important benchmarks for measuring the financial strength and stability of an insurance provider is the PACRA rating of insurance companies in Pakistan. At The United Insurance Company of Pakistan Ltd (UIC), we take pride in consistently maintaining a PACRA AA+ Rating, a reflection of our strong financial reliability, customer trust, and long-term stability.
What is PACRA and Why Does It Matter?
The Pakistan Credit Rating Agency (PACRA) is an independent organization that evaluates and assigns credit ratings to companies across various industries, including insurance. These ratings serve as a trusted guide for customers, investors, and stakeholders to assess the financial health of an insurance company.
For policyholders, the PACRA rating of insurance companies in Pakistan is more than just a number. It represents:
- Financial Strength – the Company’s ability to honor claims on time.
- Stability – Long-term sustainability of operations.
- Trustworthiness – A guarantee that your premium payments are safe.
About Us – The United Insurance Company of Pakistan
The United Insurance Company of Pakistan Limited (UIC), established on 20 October 1959, is one of the country’s oldest and most trusted insurers. Founded with the vision of providing reliable risk coverage and financial security, UIC began as a composite insurer with equity participation from Pakistan Insurance Corporation (now Pakistan Reinsurance Company). Over the decades, the company has grown into a leading general insurer, offering a wide range of products including health insurance, motor insurance, travel insurance, marine insurance, and takaful solutions.
Today, UIC continues its journey under the leadership of Mr. Muhammad Ashraf Khan, the Chairman of the Board since April 2024. With an MBA in Finance and over 13 years of senior-level experience in central banking, regulation, and financial supervision, Mr. Khan brings strategic vision and strong governance to the company.
Every year, UIC publishes its Annual Report, which serves as a comprehensive reflection of its financial strength, operational performance, corporate governance, and long-term growth strategies. This report highlights UIC’s resilience in a competitive market, its ability to adapt to modern challenges, and its ongoing commitment to transparency and stakeholder trust. With its strong foundations, professional leadership, and dedication to innovation, UIC remains at the forefront of Pakistan’s insurance sector.
UIC AA+ PACRA Rating
At The United Insurance Company of Pakistan Ltd, our AA+ PACRA Rating reflects our solid foundation and reliable financial standing. This high rating demonstrates our ability to meet obligations, settle claims efficiently, and maintain stability even in challenging economic conditions.
Our AA+ rating showcases:
- Consistency in Financial Management – Ensuring every claim is settled with transparency and efficiency.
- Strong Market Presence – Decades of service backed by trust and dependability.
- Policyholder Protection – Every decision is made to safeguard the interests of our valued customers.
Along with financial strength ratings, choosing the right protection matters too. Explore our Motor Insurance in Pakistan plans to secure your vehicle with reliable coverage.
Why PACRA Rating Builds Trust in The United Insurance Company of Pakistan Ltd
Customers today search for terms like:
- “Is my insurance company financially strong?”
- “What is the PACRA rating of insurance companies in Pakistan?”
- “How do I choose a trusted insurance provider in Pakistan?”
The answer lies in PACRA ratings. At UIC Pakistan, our AA+ PACRA Rating reassures customers that they are choosing a company with:
- Proven Financial Strength – Ability to meet obligations even in challenging times.
- Customer-Centric Approach – Prioritizing client needs and claims processing.
- Reliable Risk Coverage – From health to travel, motor, and beyond.
This is why thousands of individuals and businesses rely on us for protection, knowing that our PACRA rating highlights our credibility in the industry.
Why Choose The United Insurance Company of Pakistan Ltd?
When selecting an insurance partner, the PACRA rating of insurance companies in Pakistan should be a top consideration. At The United Insurance Company of Pakistan Ltd, we combine:
- AA+ PACRA Rating – Reflecting financial stability and credibility.
- Decades of Experience – A trusted name in Pakistan’s insurance sector.
- Comprehensive Coverage Options – Designed to meet diverse needs.
- Commitment to Excellence – Transparent processes and customer-first policies.
Final Thoughts
The PACRA rating of insurance companies in Pakistan is a key factor when selecting an insurance provider. At The United Insurance Company of Pakistan Ltd, our AA+ PACRA Rating reflects our financial health, credibility, and dedication to customer trust.
When you choose UIC Pakistan, you are not just buying travel insurance, motor insurance or health insurance—you are securing your future with a company backed by one of the most reliable AA+ PACRA ratings in Pakistan.
