Atlas Insurance Limited · PSX:ATIL
Atlas Insurance — Investor Presentation (December 2023)
15 slides from Atlas Insurance's investor presentation, Dec 8, 2023
Slide 1: Corporate Briefing Session, December 8, 2023
CORPORATE BRIEFING SESSION December 8, 2023
Slide 2: Atlas Group foundation and background
The foundation of the Atlas Group was laid in 1962 with the establishment of Shirazi Investments (Pvt.) Ltd. Atlas is now one of the leading groups with a considerable contribution to the economy of Pakistan with a forte in manufacturing, power generation, trading and financial services. The Group p
Slide 3: Vision and Mission
2 VISION A first class insurance company that provides the highest level of quality service to its policyholders. MISSION To stay in the forefront of innovation and technological developments, continue to achieve corporate success, provide its policyholders quality products and service to their sati
Slide 4: Atlas Insurance Timeline
ATLAS INSURANCE TIMELINE Founded in 1934 by Dr. Sir Allama Muhammad Iqbal by the name of u Started General Atlas Insurance The Muslim India Insurance business, Rebranded to Atlas rating upgraded, cement ce Coen Insurance Limited from "AA" to "AA" Limited. by the Group. by PACRA. ’ ¥ Renamed as "The
Slide 5: Our Strength, Rating & Awards, Our Values
4 OUR STRENGTH RATING & AWARDS • Strong Financial base • Efficient claim processing Pakistan Credit Rating Agency Ltd. (PACRA) has maintained Insurer Financial Strength (IFS) rating of “AA+” for Atlas Insurance Ltd. which denotes a very strong capacity to meet • Strong Liquidity • Competent & profes
Slide 6: Products & Services, Reinsurance Protection
5 PRODUCTS & SERVICES REINSURANCE PROTECTION Atlas Insurance provides customized services and solutions to better facilitate its valued clients. Atlas Insurance is well regarded by world renowned reinsurers based on its financial strength and A wide range of products is offered which includes: backi
Slide 7: Window Takaful Operations, Re-Takaful Protection
6 WINDOW TAKAFUL OPERATIONS RE-TAKAFUL PROTECTION Atlas Insurance is licensed to undertake Window Takaful Operations and offers a wide range of Our Re-Takaful arrangements are based on exclusive treaties with the world’s leading retakaful Shariah-compliant Takaful products under the supervision of a
Slide 8: Head Office and branches
4 Head Office: 63/A, Block XX, Phase-Ill (Commercial), Khayaban-e-iqbal, DHA, Lahore. Phone: +92(42) 37132611-18 UAN: 042-11 1-245-000 info@ail.atlas.pk Email (Takaful): info.takaful@ail.atias.pk Website: www.ail.atias.pk Zonal Office: Ground Floor, Federation House, Shahra-e-Firdousi, Main Clifton,
Slide 9: Financials
JalZe: TAKAFUL A) CWAtlas Insurance
Slide 10: Six Years Performance at a Glance
Six Years Performance at a Glance 9 Gross Premium & Contribution Combined Gross premium & Net Premium 4,697 6,000 Gross Premium Net Premium 5,000 5,233 4,500 3,740 5,000 4,107 4,000 3,046 3,500 2,912 2,849 4,000 3,323 3,202 3,061 2,379 3,000 2,133 2,503 3,000 2,500 1,831 1,474 1,405 1,455 2,000 1,27
Slide 11: Six Years Performance at a Glance
Six Years Performance at a Glance 10 Profit After Tax and Dividend Assets and Liabilities 9,550 Profit After Tax Dividends (interim + final) 9,662 Assets Liabilities 9,318 835 900 835 10,000 800 9,000 719 666 654 7,034 6,762 645 700 8,000 6,666 623 594 594 5,965 7,000 540 600 5,141 491 4,887 6,000 4
Slide 12: Dividend and Bonus Payout
11 Dividend and Bonus Payout Dividend Payout Dividend Yield 91% 92% Dividend Bonus 90% 100% 87% 80% 90% 10% 74% 10% 0% 10% 0% 71% 80% 69% 0% 0% 70% 70% 60% 60% 50% 50% 40% 70% 70% 70% 70% 70% 40% 65% 65% 30% 30% 13% 12% 11% 11% 20% 11% 20% 9% 10% 10% 0% 0% 2016 2017 2018 2019 2020 2021 2022 2017 201
Slide 13: Top Line Analysis – Actual 2023 vs Actual 2022
12 Top Line Analysis – Actual 2023 VS Actual 2022 Nine Months ended September 30, (Rupees in Million) Gross Premium Takaful Contribution 2,278 2023 2022 2,500 2023 2022 300 272 270 250 2,000 200 1,271 1,500 150 1,135 150 957 935 1,000 798 760 680 93 100 47 500 50 31 21 15 - - Fire Marine Motor Misc
Slide 14: Variance Analysis – Actual 2023 vs Actual 2022
13 Variance Analysis – Actual 2023 VS Actual 2022 Nine Months ended September 30, DESCRIPTION 2023 2022 VARIANCE Net Premium 2023 2022 % (Rupees in million) (Rs. In Million) Fire 329.84 214.98 53% Net insurance premium 1,700.44 1,533.20 167.24 Marine 558.86 656.86 -15% Net insurance claim expense (4
Slide 15: Thank You
ae Head Office: 63/A, Block XX, Phase-lll (Commercial), Khayaban-e-lqbal, Defence Housing Authority, Lahore. Phones: +92(42) 37132611-18 UAN: 042-111-245-000 Fax: +92(42) 37132622 Email (Conventional): info@ail.atlas.pk Email (Takaful): info.takaful@ail.atlas.pk Website: www.ail.atlas.ok Zonal Offic
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