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Saturday, April 16, 2011

Achievements of The United Insurance Company of Pakistan Ltd in 2010

Dear All,
I am hereby delighted to inform you about the remarkable achievements our company has made during the year 2010. The year 2010 marks as a benchmark in the history of The United Insurance Company of Pakistan Limited and as well as United International Group. Some of the key achievements are as follows: -
  • A new addition in the United International Group which is "Tawasul Insurance LLC, Abu Dhabi".
  • Paid up Capital of The United Insurance Company of Pakistan Ltd increased to about Rs.400 millions.
  • Transacted a Gross Premium of about Rs.840 million including all the classes of General Insurance.
  • Generated A Profit After Tax of About Rs.120 million (Profit Before Tax About Rs.130.8 millions).
  • The Credit Rating of The United Insurance Company of Pakistan Limited has been upgraded to Single A (Previously Single A Minus) by PACRA vide their letter dated 31st Jan, 2011. This can be seen on the official Website of PACRA www.pacra.com .
  • Issued Bonus Shares.
  • Gave an EPS (Earnings Per Share) of Rs.2.96
  • Total Number of Branches in Pakistan reached to 110.
  • and many more
Above are some of the key achievements of the United Insurance Company, A detailed information could be available on request. These achievements are all due to the great level of trust and relationship we maintain with our clients and our good teamwork. We hope to strengthen this relationship in the future. Should you require any further Information / queries we shall rather be pleased to furnish you the same.

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