IGI insurance Pakistan

IGI (INDUSTRIAL & GENERAL

INSURANCE)

IGI INSURANCE LIMITED IS A

FLAGSHIP ORGANIZATION OF

PACKAGES GROUP, ONE OF THE

LEAFDING BUSINESS HOUSES OF

PAKISTAN.

Since 1953,providing comprehensive

risk management facilities to number of

multinational and local business

concerns through network of branches

in Pakistan.

IGI operates in 45 branches spread

across Nigeria & African countries i.e.

notably Rwanda, Ghana & the Gambia.

Developing long term relationships

with their clients.

To be preferred provider of insurance,

risk management & financial services.

• It will be realized through:

CUSTOMERS:

Provide solutions to risk exposure.

SHAREHOLDERS:

Delivering above market capital.

EMPLOYEES:

Providing suitable environment.

It was basically established

in Pakistan, one of the

leading general insurances

company in Pakistan.

It was established in 1953

in collaboration with Alliance

Assurance of Great Britain.

Syed Maratib Ali was its

First Chairman.

• TYPES OF INSURANCES….

•MOTOR

Area= 701-713,G-20,7th floor, The

Forum, Block 9, Clifton, Khayaban-e-

Jami, Karachi

Contact no= 021-35301731 or 021-

35301728

Website= www.igiinsurance.com.pk

• LAHORE!

• Address=Corporate Office, Syed Maratib AlIRoad,Gulberg.

• Phone=o4235753404

• ISLAMABAD!

• Address=52 West, 1st Floor, Waheed plaza, Blue Area.

• Phone=0512273840

• SIALKOT!

• Address=Suite No 10 & 11,1st floor, Soni Square, Khadam Mubarak Pura, Sialkot.

• Phone=0523258437

• KARACHI!

• Address= 1st floor, Finlay House, H.Chundrigar Road.

• Phone= 02132426974

• FAISALABAD!

• Address=2nd floor, Sitara Tower, Bilal Chowk, Civil

lines.

• Phone=041629416

• MULTAN!

• Address=Room 113,first floor, Metro Plaza, Opposite

shell petrol pump, Multan Cant.

• Phone= 061584744

• SYED BABAR ALI….

• SERVED AS DIRECTOR SINCE 1954.

• FORMER FINANCE MINISTER OF PAKISTAN

• HE ENVISIONED AND SET UP PAKAGES Ltd. (PAKISTAN’S

LARGEST PAPER & BOARD MIL)

• FORMER FINANCE MINITER OF PAKISTAN.

• PRO-CHANCELLOR AT LAHORE UNIVERSITY OF

MANAGEMENT SCIENCES, LUMS.

• HE HAS 20,049 COLLEAGUES IN 1,503 COMPANIES LOCATED

IN 108 COUNTRIES. 10,335 EXECUTIVE MOVEMENTS HAVE

BEEN RECORDED IN THE LAST 12 MONTHS.

• Syed Shahid Ali ( Director)

• Syed Yawar Ali (Director)

• Syed Kamal Ali (Director)

• Syed Hyder Ali (Director)

• Shamin Ahmad Khan (Director)

• Waqar A Malik (Director)

ASSETS BASED ON 12 BILLION

PKR…..

LEADING INSURANCE COMPANY IN

PAKISTAN….

RATED AS ‘’AA’’ BY PACRA….

•2001• FIRST

GENERAL

INSURANCE

COMPANY IN

PAKISTAN

•2003• NEW ISO

9001:2000

STANDARD

•SHIFTED TO NEW

ISO2001:2008,

CERTIFIED BY SGS

MALAYSIA…..

• SALES (IN MILLIONS) MEAN HIGH

LOW

Year Ending Dec 14 1,736.12 1,736.12

1,736.12

• EARNINGS (PER SHARE) MEAN HIGH

LOW

Year Ending Dec 14 6.58 6.58

6.58

TEN YEAR SUMMARY

2000 1999 1998 1997 1996 1995 1994 1993 1992 1991

Gross premium 227,713 185,283 171,867 150,963 136,057 105,981 80,636 71,723 63,001 54,085

Underwriting profit 76,882 67,386 55,995 54,108 40,213 33,424 29,058 20,994 19,053 18,616

Investment income 86,614 81,145 36,337 42,835 36,817 21,632 23,999 23,003 19,875 16,361

Provision for diminution in value

of long term

investments 85,659 -- -- -- -- -- -- -- -- --

Profit before tax 57,916 129,492 67,137 70,039 70,154 53,119 50,177 35,809 31,919 30,764

Income tax 55,100 51,959 13,411 9,951 25,000 14,000 13,000 9,000 8,000 7,800

Profit after tax 2,816 77,533 53,726 60,088 45,154 39,119 37,177 26,809 23,919 22,964

Employees

remuneration 12,014 10,362 9,006 7,710 6,602 6,283 5,513 7,366 4,192 3,574

Cash dividend 38,833 33,767 15,505 13,783 13,783 13,783 8,353 10,441 8,353 8,353

Bonus shares - % -- 15 225 25 20 -- 10 -- -- --

Investment atcost 500,412 484,576 451,059 392,653 254,578 197,466 178,631 156,564 150,575 107,066

Total

assets

-a tbook value 695,868 599,209 555,133 533,443 346,101 291,346 252,010 221,435 177,821 137,945

Reserve for

exceptional

losses and unexpired

risks 62,605 44,182 41,006 35,110 33,543 23,390 19,925 20,400 17,423 14,470

General & Capital

Reserves 255,338 279,762 249,762 227,762 197,762 172,762 147,762 122,762 79,918 67,918

Paid-up Capital 97,082 84,419 68,913 55,131 45,942 45,942 41,766 41,766 27,844 27,844