Pakistan Company News

Board of directors meeting of Askari General Insurance Company Limited

Karachi, Askari General Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 22, 2019 at Rawalpindi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2019.

Further, the company has declared the closed period from April 15, 2019 to April 22, 2019.

Askari General Insurance Company Limited is a company incorporated in Pakistan on April 12, 1995 as a public limited company. The commercial operations of the company commenced from October 15, 1995. The foundations of the company are laid under the fundamentals of the Companies Ordinance, 1984. The company is engaged in the business of non-life insurance business comprising of fire, marine, motor, accident, health and miscellaneous. The insurance company has around 19 branches located across Pakistan. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Rawalpindi.

The company is sponsored by the Army Welfare Trust which is itself engaged in the business of finance, banking and production of consumer goods and service. The company apart from traditional coverage offers specialized coverage for various engineering risks.

The symbol “AGIC” is being used by the stock exchanges for the shares of Askari General Insurance Company Limited.