Pakistan Company News

Board of directors meeting of Jubilee General Insurance Company Limited

Karachi, Jubilee General Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 22, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from March 15, 2023 to March 22, 2023.

Jubilee General Insurance Company Limited is a public limited company incorporated in Pakistan on May 16, 1953. The Company is engaged in general insurance business. The Company was granted authorization on March 10, 2015.

Jubilee General is listed on the Pakistan Stock Exchange. Its major shares are held by, Aga Khan Hospital and Medical College Foundation, Habib Bank Limited, Aga Khan Fund for Economic Development and Hashoo Group. Jubilee General, with its Head Office in Karachi, has branches and network in all major cities and towns of Pakistan.

The total number of shares of the company are 198,491,379. The Earnings per shares is 7.72 in 2020, which was 6.78 in 2019. Their Profit after Taxation is 1,532,738,000 in 2020, which was 1,224,285,000 in 2019.