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A Review Of The Insurance Industry (Facts & Figures)

Key Information For The Period Ended September 30, 2019. (Conventional & Takaful)
Nos Name of Company Gross Conventional/ Takaful Premium/
Contribution Breakup
Net Conv./ Takaful Prem. Contribution Claims
First Year Premium/ Contri. Renewal Premium/ Contri. Single Premium/ Contri. Group Policies Premium/ Contribution without Net
Written Prem./ Contribution
Net
Claims
1 Adamjee Life 2,436,820 4,638,456 732,928 525,533 7,853,821 4,489,849
2 Askari
Life
59,812 11,971 12,867 87,509 109,989 44,758
3 EFU
Life
4,634,537 13,906,771 771,548 41,777 21,362,872 11,772,561
4 IGI
Life
422,838 1,217,115 305,147 1,646,032 3,460,450 3,586,364
5 Jubilee Life 6,757,117 22,881,355 698,149 5,990,020 35,339,470 15,788,381
6 State
Life
6,473,336 44,129,547 10,083,352 60,573,655 41,190,197
7 TPL
Life
43,850 4,233 1,597 462,817 449,740 260,382
Total-> 20,828,310 86,789,448 2,522,236 18,837,040 129,149,997 77,132,492
Source: IAP
Key Information For The Period Ended September 30, 2019 (Family Takaful Business)
Nos Name of Company Gross Family Takaful Contribution Breakup Net Takaful Contribution Claims Expenses
First Year Contribution Renewal Contribution Single Contribution Group Policies Contribution without Cash Values Net Written Contribution Net Claims Total Gross Acq. Costs Gross Admin. Exp.
1 Adamjee Life 682,739 370,819 140,266 1,174,899 242,335 389,499 97,344
2 Askari
Life
3 EFU
Life
1,156,744 1,215,302 141,829 229,146 2,680,394 609,793 1,137,452 172,644
4 IGI
Life
208,355 382,390 108,500 178,346 863,161 413,473 199,921 363,498
5 Jubilee Life 2,893,103 4,016,610 318,485 175,655 7,319,359 979,280 2,097,787 559,658
6 State
Life
13,622
7 TPL
Life
1,082 446 82 190
Total-> 4,940,941 5,985,121 709,080 584,229 12,038,259 2,244,881 3,824,741 1,206,956
Source: IAP

 

Key Information Including Window Takaful For The Period Ended September 30, 2019
(Business Underwritten Inside Pakistan) (PKR in ‘000)
 S.No  Name of Companies Premium/ Contribution
* Premium Written Contribution underwritten Total Premium incl. Takaful Cont Net
Premium
Revenue
Net
Contribution
Revenue
Tot. Net Prem. Inc. Taka Cont. Rev.
1 Adamjee Insurance 11,922,529 958,841 12,881,370 5,337,289 705,373 6,042,662
2 Alfalah Ins. Co 2,009,232 266,570 2,275,802 1,156,412 189,613 1,346,025
3 Allianz EFU Health 2,000,233 103,192 2,103,425 1,172,999 99,734 1,272,733
4 Alpha
Insurance
82,047 0 82,047 36,527 0 36,527
5 Askari
Gen. Insc.
2,083,321 270,601 2,353,922 1,530,343 87,492 1,617,835
6 Atlas
Insurance
2,307,977 217,440 2,525,417 1,110,891 145,495 1,256,386
7 Century Insurance 1,022,608 54,222 1,076,830 579,045 38,797 617,842
8 Chubb
Ins.
468,407 0 468,407 98,020 0 98,020
9 Crescent Star 74,251 0 74,251 74,724 0 74,724
10 East
West Insc.
2,389,428 126,670 2,516,098 1,251,315 40,846 1,292,161
11 EFU
Gen. Ins. Ltd.
15,274,657 1,772,881 17,047,538 5,707,371 1,433,082 7,140,453
12 Excel
Insurance
-943   -943 -676   -676
13 Habib
Insurance
1,182,267 54,370 1,236,637 561,934 11,971 573,905
14 IGI
General Ins.
4,337,037 374,819 4,711,956 1,809,245 188,716 1,997,961
15 Jubilee General Ins. 7,889,084 882,602 8,771,686 3,962,626 407,427 4,370,053
16 Premier Ins 408,272 86,534 494,806 170,128 101,022 271,150
17 Reliance Ins. 415,750 69,876 485,626 234,047 48,273 282,320
18 SPI
Insurance
527,549 165,370 692,919 432,766 46,214 478,980
19 Security Gen. Insc. 2,849,556 71,110 2,920,666 505,786 5,376 511,162
20 Shaheen Ins. 290,908 4,813 295,721 233,599 -164 233,435
21 Sindh
Insurance
904,608 4,154 908,762 279,413 7,454 286,867
22 Takaful Pakistan 0 639,999 639,999 0 405,898 405,898
23 TPL
Insurance Ltd.
1,000,364 874,313 1,874,677 832,080 739,132 1,571,212
24 UBL
Insurer
3,086,669 371,081 3,457,750 1,261,471 119,977 1,381,448
25 United
Ins.
3,262,822 887,663 4,150,485 1,881,725 525,747 2,407,472
26 Universal Ins. 82,619 0 82,619 34,889 0 34,889
TOTAL 65,871,252 8,257,121 74,128,473 30,253,969 5,347,475 35,601,444
Source: IAP

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