Pakistan Company News

Credit of Final Cash Dividend of Atlas Insurance Limited

Karachi, Atlas Insurance Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 7 per share i.e. 70% for the year ending December 31, 2018 has been credited electronically on April 30, 2019, into the designated bank account of shareholders of the Company who have submitted copies of their CNIC and IBAN.

Atlas Insurance Limited was founded in 1934 by Dr. Sir Muhammad Iqbal as a public limited company and was taken over by the Atlas Group in 1980. It has reinsurance arrangements with reinsurers of the world including Swiss Re from Switzerland, Hannover Re from Germany, Tokiio Fire & Nichido Marine and Sompo from Japan among others. The company is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.

The company is involved in the business of general insurance. The classification of its products includes fire and property, health, marine, motor, travel, engineering, money insurance, personal accident, liability insurance and miscellaneous kinds of insurance.

The symbol “ATIL” is being used by the stock exchanges for the shares of Atlas Insurance Limited.