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From the Managing Director |
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Dear Friends,
Your company has now completed 15 years of operations and continues to be the largest private life insurer in Pakistan. I thank you all for the support you have provided over the years and look forward to your continuing support in the future.
I am absolutely delighted to report our excellent performance last year. You trust in the company resulted in an annual premium income of Rs. 4.8 billion n 2007, an annual growth of 44%. We have increased the paid up capital of the company to R. 750 million, which is the highest amongst all private life insurance companies in Pakistan. Based on our financial strength, good management practices and ethical business conduct, JCR-VIS, an affiliate of internationally renowned Japan Credit Rating Agency Ltd. has upgraded our Insurer Financial Strength rating to ‘AA-‘ (Double A Minus). This rating demonstrates our second capability to meet our insurance payout obligations.
In conclusion, may I assure you of our commitment to provide you with the best possible insurance services in the future
Yours sincerely
Taher G. Sachak
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