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Jubilee General Insurance Company Limited (Pakistan)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Jubilee General Insurance Company Limited Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Jubilee General is a general insurance company with a competitive position in the domestic market. The company offers personal accident insurance, group health insurance, and a variety of personal health insurance products, as well as risk management services and insurance solutions for the consumer finance sector. They serve a wide range of industries, including pharmaceutical, power generation, chemical, textile, and cement, and have a branch network in all major cities and towns of Pakistan. Jubilee General has technological advancements, including the first-ever Android application for motor insurance. The company claims to have a strong presence in the industry and a focus on meeting the growing demand for insurance solutions.

Headquarters
2Nd Floor, Jubilee Insurance House, I.I. Chundrigar Road
Karachi; Sindh;

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Website: http://www.jubileegeneral.com.pk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1953
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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23.05%
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20.6%
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19.8%
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14.05%
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7.59%
Subsidiaries
Jubilee Life Insurance Company Limited
6.43%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
8.47%
Operating profit (EBIT)
71.42%
Net Profit (Loss) for the Period
55.05%
Total assets
20.39%
Investments
32.53%
Receivables
-24.34%
Total equity
38.17%
Net Premiums Earned Trend
-21.24%
Net Profit Trend
-45.05%
Return on Equity (ROE)
1.27%
Loss Ratio
4.94%
Underwriting Expenses Ratio
8.83%

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