United Insurance Company of Pakistan Limited

UIC was registered with the department of insurance companies’ way back in 1959, and the same year got enlisted in Karachi Stock Exchange. We are professional insurers known for prudent underwriting in all classes of insurance business.

Mainly we are dealing in Fire, Marine, Motor, Miscellaneous, Engineering and Bonds / Guarantees Insurance Business. We have a strong network of more than 120 branches all over the country with Head Office in Lahore enables us to provide on the spot insurance services to our valued clients.

Below are the highlights of our financial position.

i. Authorized Capital = Rs. 3,000,000,000.00

ii. Paid-Up Capital = Rs. 1,803,200,000.00

iii Reserves = Rs. 970,123,809.00

Rating

This year PACRA has upgraded IFS rating of the company to AA+ The rating reflects United Insurance’s strong fundamentals emanating from a sustained growth in GPW,which denotes a very strong capacity to meet policyholders and contract obligations. At the same time risk factors are considered modest, and the impact of any adverse business and economic factors is expected to be very limited.