Transmission of Quarterly Report for the Period Ended September 30, 2022 of PICIC Insurance Limited

Karachi, PICIC Insurance Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended September 30, 2022 have been transmitted through PUCARS and is also available on Company’s website.

PICIC Insurance Limited was incorporated on April 23, 2004 as a public limited Company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan (SECP). It is engaged in providing all classes of non-life insurance business. PICIC Insurance Limited is a general insurance company dealing with all classes of general insurance business.

The total numbers of shares are 35,000,000. The Earnings per share was (0.06) in 2019. The Company had a loss if Rs. 12,000 in 2020 which was 2,175,000 in 2019.