IGI Life Insurance Ltd Faces Challenges in the Market

Karachi: IGI Life Insurance Ltd (IGIL) closed at Rs. 10.24. Listed in 1995, IGIL did not declare any distributions in recent years. The company's paid-up capital is Rs. 2,449 million, and its daily weighted average rate decreased from Rs. 11.34 to Rs. 7.5. IGIL's market lot is 500, with the last book closure on April 21.