Karachi, Askari Life Assurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 31, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2019.
Further, the company has declared the closed period from March 24, 2020 to March 31, 2020.
Askari Life Assurance Company Limited, formerly East West Life Assurance Company Limited, is a Pakistan-based company, which is engaged in life and health insurance business. The Company extends individual life insurance, and group or corporate life, accidental and health insurance to companies across Pakistan. Its segments are ordinary life, universal life, and accident and health. Its ordinary life segment provides life assurance coverage to individuals under conventional policies issued by the Company, and members of business enterprises, and corporate entities under life insurance schemes issued by the Company. Its universal life segment provides life assurance coverage to individuals under universal life policies issued by the Company. Its accident and health segment provides health coverage to individuals members of enterprises, corporate entities and common interest groups under health insurance schemes. Its products include individual life and accident insurance plans.