Karachi, Asia Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 27, 2019 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2018.
Further, the company has declared the closed period from March 20, 2019 to March 27, 2019.
Asia Insurance Company Limited was established in 1979 as a Public
Limited Company and commenced its business in 1980. The company is a composite
insurance company which has been authorized by the department of insurance to
transact all classes of general insurance business like fire and allied perils,
marine cargo, motor, personal /travel personal accident, burglary, student
insurance cash in transit and safe, fidelity, machinery breakdown, contractor
all risk, erection all risk, custom bond, bid bond and mobilization advance
bond, etc. The company has a vast network of branches in all the major cities
of Pakistan. The stocks of the company are quoted on the Karachi and Lahore
Stock Exchanges of Pakistan. The registered office of the company is located at
Lahore.
The symbol “ASIC” is being used by the stock exchanges for the shares of Asia
Insurance Company Limited.
