United Insurance Co. Of Pakistan Ltd. · PSX:UNIC
United Insurance Co. Of Pakistan — The United Insurance Company of Pakistan — Investor Presentation (2024)
25 slides from United Insurance Co. Of Pakistan's investor presentation, 2024
Slide 1: Slide 1
Slide 2: Corporate Briefing FY-2024
CORPORATE BRIEFING FY-2024 2
Slide 3: Important Disclaimer
THIS PRESENTATION IS NOT AN OFFER OR SOLICATATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by The United Insurance Co., of Pakistan Limited (UNIC) solely for information IMPORTANT purpose. DISCLAIMER The information contained in this presentatio
Slide 4: United International Group
The United Insurance Company of Pakistan Limited, a member of the United International Group (UIG), is at present one of the leading insurance companies providing a wide range of insurance products through its branch network which presently spans over 150 branches across the country. UNITED INTERNAT
Slide 5: We're leading our sector and working with our clients to advance sustainability
6 WE’RE LEADING OUR SECTOR AND WORKING WITH OUR CLIENTS TO ADVANCE THE CAUSE OF SUSTAINABILITY — EVEN IN PLACES WHERE YOU MIGHT NOT EXPECT US.
Slide 6: Company Brief
Company Brief United was Founded in 1959 by one of the country's leading Industrialist Mr. Fakhruddin Valika, UIC was established with 20% equity from Pakistan Insurance Corporation (now known as Pakistan Reinsurance Company) as a founder member of the Company. Initially authorized to do Life Assura
Slide 7: Company Brief
COMPANY BRIEF The United Insurance Company's strength lies in the quality products and its wide range of branches all over Pakistan combined with efficient and professional staff. Unlike our competitors, our offices remain open whole week. Thanks to our dedicated workforce, we are able to cater to o
Slide 8: IFS Rating AA+
IFS Rating AA+ by PACRA AA+ by VIS PACRA & VIS has issued IFS Rating “AA+” with “stable” outlook of The United Insurance Company of Pakistan Limited 9
Slide 9: Vision Statement
VISION STATEMENT As an insurance Company – To be the “FIRST CHOICE”. 10
Slide 10: Mission Statement
By adopting Insurance Technologies We will meet the global requirements for the regulators’ compliances, MISSION enhance confidence of Shareholders, Country’s business community STATEMENT & Generate revenue in shape of taxes. 11
Slide 11: Mian M.A Shahid
MIAN M.A SHAHID CHAIRMAN UIG GROUP DIRECTOR / CHIEF EXECUTIVE OFFICER 12
Slide 12: Board of Directors
UC FU PAKISTAN CompANYOFPAKISTANLID. BOARD OF DIRECTORS 5
Slide 13: Board Committees
Board Committees Audit Committee: Name of Member Category Mr. Abdul Hadi Shahid Chairman Mr. Khawas Khan Niazi Member Ethics, Human Resource & Mr. Ihsan Ul Haq Khan Member Mr. Abdul Mannan Munir Secretary Remuneration Committee: Name of Member Category Mr. Muhammad Ashraf Khan Chairman Investment Co
Slide 14: Our Products / Services
LC AN PAKISTAN CompanyOrPAKISTANLID. ivestock Insurance: i AA 15
Slide 15: Miscellaneous Products and Health Insurance
Miscellaneous Health Travel Health Products Insurance Insurance Bankers Livestock Blanket Crop Insurance Insurance Insurance Aviation Employer's Workmen's Insurance Liability Compensation Cash in Transit Cash on Cash in Safe Insurance Counter Personal Household Shop Secure Accident Insurance Plan In
Slide 16: Window Takaful Operations
THE UNITED INSURANCE COMPANY OF PAKISTAN LTD – WINDOW TAKAFUL OPERATIONS Having taken the initiative, The United Insurance Co of Pakistan Ltd has become Pakistan’s first Window Takaful Operator. With authorization from Securities Exchange Commission of Pakistan’s Insurance Division, UIC can now offe
Slide 17: Our Network
Our Network North Region South Region Islamabad Karachi Rawalpindi Hyderabad Peshawar Multan Azad Kashmir Rahim Yar Khan East Region West Region Sahiwal Quetta Faisalabad Ziarat Gujranwala Sialkot 18
Slide 18: Financial Performance Overview
FINANCIAL PERFORMANCE OVERVIEW 19
Slide 19: Paid up Capital Total Equity
Authorized Share ❖5,000,000,000 Capital Paid up Capital ❖3,467,500,000 Total Equity ❖5,436,030,831 20
Slide 20: Gross Premium & Contribution
Financial Performance 10,615.31 Gross Premium & Contribution (Rs in Million) 7,895.07 6,436.69 2,410.86 2,171.01 2,101.88 Gross Premium Conventional Gross Contribution Takaful 2024 2023 2022 21
Slide 21: Total Premium Conventional & Takaful
Financial Performance 13,026.170 Total Premium Conventional & Takaful 10,066.080 8,538.576 Total Premium 2024 2023 2022 22
Slide 22: Investment Income
Financial Performance Investment Income (Rs in Million) 500.000 474.121 450.000 400.000 350.000 300.000 250.000 200.000 150.000 134.804 110.991 100.000 50.000 - Investment Income 2024 2023 2022 23
Slide 23: Profit Before Tax
Financial Performance Profit Before Tax (Rs in Million) 2,793.000 1,370.213 1,199.179 Profit Before Tax 2024 2023 2022 24
Slide 24: Total Assets
Financial Performance Total Assets (Rs in Million) 16,053.000 13,862.728 13,000.425 Total Assets 2024 2023 2022 25
Slide 25: Thank you
Thank you 26
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