Karachi, Universal Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 27, 2021 at Rawalpindi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.
Further, the company has declared the closed period from August 20, 2021 to August 27, 2021.
The Universal Insurance Company Limited is a public limited company incorporated in Pakistan on May 09, 1958. The Company is engaged in non-life insurance business. This Company entered into insurance market in 1960. The company is fully protected through its world renowned re insurers among are: Asian Re and Pakistan Re-Insurance Company.
The mainly business of the Company is of Motor Insurance, Marine Insurance, Fire Insurance, Miscellaneous Insurance, Travel Insurance and Claim Settlement Procedure.
The total number of shares are 50,000,000. The Earning per share is (1.76) in 2020 which was 0.05 in 2019. The Profit After Taxation in 2020 is (87,845,000) which was 2,335,000 in 2019.