PROFILE
UNIVERSAL INSURANCE COMPANY

Dec 14 - 20, 2009

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 on 9th may 1958.

This Company entered insurance market in 1960 and at present is one of TOP TEN insurance companies of Pakistan.

To provide adequate protection to its clients the Universal Insurance Company Limited underwrites all sorts of risks i.e. Fire, Marine, Motor Vehicle, Travel, Medical, Personal Accident, Workmen Compensation, Contractors All Risks, Erection All Risks, Fidelity Guarantee, Money Insurance, Loss of Profits, Machinery & Equipment Breakdown etc.

Extensive Risk Management experience and professional background of Top Management enables Company to offer a full range of insurance coverage tailored to the specific needs of clients backed with personalized service approach.

We give below Key Financial Data of our Company for last five years which you will find self - explanatory: -

FIVE YEARS KEY FINANCIAL DATA RUPEES IN MILLION
PARTICULARS 2004 2005 2006 2007 2008 INCREASE/(DECREASE) OVER 5 YEARS
Paid-Up Capital 80 80 100 120 210 263%
General Reserves 13 13 13 13 14 108%
Total Equity 130 145 174 236 257 198%
Gross Premium 371 514 568 550 611 165%
Gross Claims Paid 182 181 252 320 290 159%
Net Premium 188 300 391 372 407 216%
Net Claims Paid 86 147 203 187 197 229%
Total Property & Assets 547 663 753 788 856 156%
Investments 23 39 46 89 84 365%
Underwriting Profit 54 75 80 75 96 178%

The Company is fully protected through its world-renowned re-insurers among whom are: -

* Hannover Reinsurance Company, West Germany
* Sumitomo Marine and Fire Insurance Company, Japan
* Korean Reinsurance Company, Korea
* Toa Reinsurance Company, Japan

With the vast and diversified reinsurance arrangements the Universal Insurance Company is able to underwrite risks of heavy magnitude. For larger industrial risks Company has standing facultative reinsurance arrangements with local and foreign insurance companies. Further-more Company's policy to provide prompt service coupled with excellent claim settling record of about four decades "Universal" has been chosen by large industrial units for providing them efficient technical insurance services. This clientage includes Textile/Spinning Mills, Flour Mills, Sports and Surgical Manufacturers, Garment Factories, Sugar Mills, Ghee Industries and various other industrial projects the number of which runs over fifteen thousand. Amongst these some large industrial Projects are: -

General Tyre & Rubber Company of Pakistan
Ghandhara Nissan Limited
Ghandhara Industries Limited
Bannu Woollen Mills Limited
Janana De Malucho Textile Mills Limited
Babri Cotton Mills
Rehman Cotton Mills
Saif Group of companies
Highnoon Laboratories
Comfort group of companies
Leather-Field (Pvt.) Limited
SilverStar Group of Companies
S.A. Brothers
Waheed Hafeez Ghee Industries (Pvt.) Ltd.,
Sublime Group of Companies,
VIP Group of Companies
Vision Technologies

And many many other big Industrial Units.

Apart from all types of conventional Insurances our Company is successfully selling the following new products.

"E TRAVELER" YOUR RELIABLE TRAVEL INSURANCE/ASSISTANCE PLAN

Together with our global partner, Mideast Assistance International and the Dutch EuroCross International, with a network of 80,000 point of services worldwide, we bring you a wide range of medical and travel-related assistance services to make your trip as enjoyable as possible.

The E Traveler Plan covers travelers against sudden injury and illness anywhere in the world. Carefully designed to fit the latest Schengen visa requirements, it offers comprehensive medical protection worth of US$150,000 as well as a host of other assistance benefits for a hassle-free traveling experience.

HOUSE-HOLDER'S PACKAGE POLICY

We offer to our valued clients a "House -Holder's Package policy' which not only covers common insurance need of a house owner but is also highly competitive in Rates/Terms.

UNIVERSAL GROUP HEALTHCARE PLANS

This is an exclusive Group medical Insurance Program Specially designed for organizations to take care of Health related issues of their employees. We offer a wide range of traditional Plan designs paired with a spectrum of innovative, consumer-directed options.

OUR GROUP COMPANIES

Babri Cotton Mills limited
Bannu Woolen Mills Limited
Bibojee Services (Pvt) Limited
Gammon Pakistan Limited
General Tyre & rubber Co. of Pakistan limited
Ghandhara Nissan Limited
Ghandhara Industries Limited
Janana Der Malucho Textile Mills Limited
Rehman Cotton Mills Limited