Karachi, Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 15, 2022 at Karachi to consider the business other than financials (Emergent Board Meeting).
Further, the company has declared the closed period from August 11, 2022 to August 15, 2022.
Pakistan Reinsurance Company Limited was incorporated in Pakistan as a public limited company on March 30, 2000. The Company is engaged in providing of reinsurance and other insurance business.
The company provides insurance solutions to departments including Aviation, Marine Cargo, Marine Hull, Engineering, Fire and Accident. It provides reinsurance protection to the local insurance industry in view of treaty and facultative business as well as managing insurance schemes assigned by the Federal Government of Pakistan.
The total number of shares are 300,000,000. The Earnings per share is 4.64 in 2020 which was 4.95 in 2019. The Profit after Taxation is 1,391,439,000 in 2020 which was 1,484,283,000 in 2019.