ASKARI GENERAL INSURANCE EMERGING ON INSURANCE MAP

From Shamim Ahmed Rizvi, Islamabad
May 15 - May 21, 2006

Askari General Insurance Company Ltd. (Agico) has made remarkable progress during the last eleven years since its inception in 1995.

It has earned a strong footing and reputation in the market and it is now acknowledged as a leading Pakistani insurer, and enjoys an outstanding reputation for its strong financial position and professional management.

Askari General Insurance Co. Ltd. Is a sponsorship of Army Welfare Trust (AWT), Askari Commercial Bank Ltd, and Askari Leasing Ltd. Agico is a public limited company, listed on all three Stock Exchanges i.e. Karachi, Lahore and Islamabad. Agico is an organization providing competitively general insurance products all over Pakistan. Established since 1995, provides services to all sectors of markets, from personal to commercial clients, from individual to national accounts.

The credit goes to Mr. Jamaluddin, a professional of outstanding merit, who really founded the organization as its first Chief Executive and is still running the show. He conceived, planned and implemented innovative plans to build Agico to its present position during a short span of about 10 years.

Agico transacts all classes of non-life insurance business. Just in five years of its entry in this field, it has now gained a strong position in Health Insurance in Pakistan, and is the leader in it's expansion. The company has a large base of prestigious Pakistani and multinational clients, served through a network of 12 branches and highly qualified and professional staff all over the country in marketing and operational sides.