Jubilee General Insurance Co Ltd 2019 IR
The report highlights Jubilee General Insurance Limited's financial and operational performance for the fiscal year 2019. Despite challenging macroeconomic conditions in Pakistan, the company's gross written premium and contribution grew by 4% to reach PKR 10.48 billion, driven by strong growth in the health and fire portfolios. The company's Window Takaful Operations crossed the PKR 1 billion gross written contribution milestone, representing a 21% growth. On the sustainability front, the company invested approximately PKR 12.00 million in corporate social responsibility initiatives, focusing on healthcare, education, environmental conservation, and community development. Additionally, the company maintained its 'AA+' financial strength rating and was recognized with the top position in the financial category at the Management Association of Pakistan Corporate Excellence Awards.
Company: Jubilee General Insurance Co Ltd
Sector: Finance & insurance
Country: Pakistan
Year: 2019
Type: IR
Pages: 266
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Jubilee General Insurance Co Ltd
Annual Report
The report highlights Jubilee General Insurance Limited's financial and operational performance for the fiscal year 2019. Despite challenging macroeconomic conditions in Pakistan, the company's gross written premium and contribution grew by 4% to reach PKR 10.48 billion, driven by strong growth in the health and fire portfolios. The company's Window Takaful Operations crossed the PKR 1 billion gross written contribution milestone, representing a 21% growth. On the sustainability front, the company invested approximately PKR 12.00 million in corporate social responsibility initiatives, focusing on healthcare, education, environmental conservation, and community development. Additionally, the company maintained its 'AA+' financial strength rating and was recognized with the top position in the financial category at the Management Association of Pakistan Corporate Excellence Awards.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees