Jubilee Life Insurance Co. Demonstrates Continued Growth

Karachi: Jubilee Life Insurance Co. (JLICL) reported a closing rate of Rs. 128.52. Since its listing in 1996, JLICL has maintained high distribution rates, with 145% in 2021 and 130%15%B in 2023. The company's paid-up capital is Rs. 1,638.9 million, and its daily weighted average rate increased from Rs. 153.85 to Rs. 96.5. JLICL's market lot is 100, with the last book closure on September 4.