Approval of Extension in Time for Holding the Annual General Meeting for the Year Ended December 31, 2019 of TPL Insurance Limited

Karachi, TPL Insurance Limited informed Pakistan Stock Exchange that the Securities and Exchange Commission of Pakistan vide Circular No. 2020 dated March 22, 2020 has allowed a general extension, to all companies, in time for holding of Annual General Meeting for the year ended December 31, 2019, up to May 29, 2020, i.e. for 30 days due to pandemic outbreak of CoVID-19 (Coronavirus).

TPL Insurance is the first insurance company in Pakistan to sell general insurance products directly to the consumer. We launched in 2005 and since then have grown from strength-to-strength, delivering superior and hassle-free risk management services to individual clients. In 2015, we partnered with Greenoaks Global Holdings Limited (GGH), who acquired a 69.2% stake in our business. The relationship has bolstered our position in the market, with robust and sustainable financial backing, administration processes and technology-driven innovation that reinforces our ability to lead the way in the insurance industry in Pakistan.