Universal Insurance Co. Ltd. · PSX:UVIC
Universal Insurance — The Universal Insurance Company — Investor Presentation (2024)
19 slides from Universal Insurance's investor presentation, Dec 10, 2024
Slide 1: Slide 1
Slide 2: 6th Corporate Briefing Session 2024
61h CORPORATE BRIEFING SESSION - 2024 i, THE UNIVERSAL WUE IGE CO. LTD.
Slide 3: Company Overview
COMPANY OVERVIEW The Universal Insurance Company Limited – a part of Bibojee Group of Companies was established by an eminent industrialist the late Lt. Gen. (R) M. Habibullah Khan Khattak. This Company entered into insurance market in 1960. Bibojee Services (Pvt.) Limited holds 86 % of ordinary sha
Slide 4: Vision Mission
VISION We, at Universal Insurance Company Limited recognize the importance of satisfying our customers by consistently providing quality insurance service in accordance with their needs and expectations. We strive to be competent partner of our customers against insured perils. MISSION We strive to
Slide 5: Services
SERVICES Fire & Property Insurance Marine Insurance Motor Insurance Miscellaneous and Health Insurance
Slide 6: Board of Directors
BOARD OF DIRECTORS Lt. Gen (R)Ali Kuli Khan Khattak Chairman Dr. Shahin Kuli Khan Khattak Chief Executive Mr. Ahmed Kuli Khan Khattak Mrs. Shahnaz Sajjad Ahmed Mr. Khalid Kuli Khan Khattak Wing Commd. (R) Javaid Ahmad Afzal Independent Dr. Hassan Iqbal Independent
Slide 7: Management Team / Head of Dept.
MANAGEMENT TEAM/ HEAD OF DEPT. Mr. Amir Raza Principal Officer Mr. Ashfaq Ahmed Internal Auditor Mr. Amir Nazar Chief Financial Officer Mr. Liaqat Ali Shaukat Company Secretary Mr. Aftab Rashid Head of IT Dept. Mr. Muhammad Alyas Head of Re-Insurance
Slide 8: Bibojee Group Information
BIBOJEE GROUP INFORMATION Textile Sector Automobile, Tyre & Rubber Janana De Sector Malucho Textile Mills Ghandhara Ltd. Atuomobiles Ltd. Bibojee Services Rahman (Pvt.) Ltd. Cotton Ghandhara Mills Ltd. Industries Ltd. The Ghandhara Bannu Universal Business Gammon Vision (Pvt.) Tyre & Woollen Insuran
Slide 9: Five Years Performance at a Glance
FIVE YEARS PERFORMANCE AT A GLANCE Gross Premium & Net Premium Profit / (loss) before tax 75M 160M 50M 45 141 139 140M 25M 4 115 0 120M 107 (25)M 2023 2022 2021 2020 2019 100M 78 75 (50)M 80M 67 68 (49) (75)M 60M 45 (100)M 40M 33 (125)M (109) 20M (150)M (147) (175)M 0 2023 2022 2021 2020 2019 (Loss)
Slide 10: Five Years Performance at a Glance
FIVE YEARS PERFORMANCE AT A GLANCE EPS (Rs) Investments 0.81 600M Rs 1.00 537 Rs 0.50 0.05 500M 478 475 440 Rs - 400M 2023 2022 2021 2020 2019 Rs (0.50) 327 300M Rs (1.00) Rs (1.50) 200M Rs (2.00) (1.76) 100M Rs (2.50) (2.22) 0 Rs (3.00) (3.10) 2023 2022 2021 2020 2019 Rs (3.50) Investment
Slide 11: Five Years Performance at a Glance
FIVE YEARS PERFORMANCE AT A GLANCE Paid-up Capital / Equity Total Assets 1050M 900M 840 830 822 800M 1000M 993 986 730 700M 668 948 954 950M 600M 500 500 500 500 500 900M 500M 859 400M 850M 300M 800M 200M 750M 100M 0 700M 2023 2022 2021 2020 2019 2023 2022 2021 2020 2019 Paid-up Capital Equity
Slide 12: Nine Months Performance at a Glance (2024 & 2023)
NINE MONTHS PERFORMANCE AT A GLANCE (2024 & 2023) Gross Premium & Net Premium Loss after Tax 45M 0M 38 2024 2023 40M 35M 31 (7) 30M (10)M 25M 20 20M 14 15M (19) 10M (20)M 5M 0 2024 2023 (30)M Gross Premium Net Premium
Slide 13: Nine Months Performance at a Glance (2024 & 2023)
NINE MONTHS PERFORMANCE AT A GLANCE (2024 & 2023) Investments EPS (Rs) 517 525M Rs - 450M 371 2024 2023 375M Rs (0.10) 300M (0.13) 225M Rs (0.20) 150M 75M Rs (0.30) 0 2024 2023 Rs (0.40) (0.38)
Slide 14: Nine Months Performance at a Glance (2024 & 2023)
NINE MONTHS PERFORMANCE AT A GLANCE (2024 & 2023) Paid-up Capital / Equity Total Assets 1050M 900M 1007 815 800M 1000M 700M 649 950M 600M 500 500 900M 500M 400M 848 850M 300M 800M 200M 100M 750M 0 2024 2023 700M 2024 2023 Paid-up Capital Equity
Slide 15: Variance Analysis – Profit or Loss Nine Months Ended September, 2024 vs 2023
VARIANCE ANALYSIS – PROFIT OR LOSS NINE MONTHS ENDED SEPTEMBER, 2024 VS 2023 DESCRIPTION 2024 2023 VARIANCE (Rupees in thousand ) Gross insurance premium 20,482 30,644 (10,162) Net insurance premium 14,123 38,067 (23,944) Net insurance claim expense (2,302) (23,579) 21,277 Premium deficiency (1,107)
Slide 16: Strategic and Operation Development
STRATEGIC AND OPERATION DEVELOPMENT
Slide 17: Disclaimer
DISCLAIMER This presentation shows facts and future strategy only. Implementation of future strategy is always subject to positive and favorable economic indicators of the Company.
Slide 18: Q&A
Slide 19: Thank you
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