Karachi, Shaheen Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 08, 2019 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2018.
Further, the company has declared the closed period from April 01, 2019 to April 08, 2019.
Shaheen Insurance Company Limited was incorporated in Pakistan
under the Companies Ordinance, 1984 in March 1995 as a public limited company.
The company is a project of Shaheen Foundation set up by the Pakistan Air
Force. Certificate of commencement of the business was acquired in July 1995.
In November 1995 the company acquired the license of carrying the non life
insurance business. This comprises fire, marine, motor, aviation, engineering,
transportation, etc. The registered office of the company is located in
Karachi. The stocks of the company are quoted on the Karachi, Lahore and
Islamabad Stock Exchanges of Pakistan.
Shaheen insurance is a multinational company with Hollard Insurance, South
Africa as a major stakeholder of the company along with Shaheen Foundation
(PAF) and First Capital Securities. The company provides insurance facilities
to its customers with personal and business products. The personal products
include motor, travel insurance, shop insurance and personal accidents. The
business products include fire, marine, auto and aviation related insurance for
the customers.
The symbol “SHNI” is being used by the stock exchanges for the shares of
Shaheen Insurance Company Limited.
