TPL Insurance Ltd 2023 AR2

The report highlights TPL Insurance's performance in 2023, during which the company achieved a Consolidated Gross Written Premium of PKR 4.085 billion, representing a 7% year-on-year growth. A major milestone was the acquisition of the Pakistan branch of New Hampshire Insurance Company, which resulted in a surplus of PKR 1.079 billion and significantly boosted profitability. In terms of sustainability, the company transitioned to solar power with a 37kVA installation, implemented water conservation nozzles achieving an 89% reduction in water flow, and recycled approximately 550 kg of waste. Additionally, TPL Insurance was recognized at the GDEIB Awards 2023 and won the Best Mobile App award at the Pakistan Digital Awards.

Company: TPL Insurance Ltd

Sector: Financials

Country: Pakistan

Year: 2023

Type: AR2

Pages: 237

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TPL Insurance Ltd

TPL Insurance Ltd 2023 Annual Report

Annual Report

The report highlights TPL Insurance's performance in 2023, during which the company achieved a Consolidated Gross Written Premium of PKR 4.085 billion, representing a 7% year-on-year growth. A major milestone was the acquisition of the Pakistan branch of New Hampshire Insurance Company, which resulted in a surplus of PKR 1.079 billion and significantly boosted profitability. In terms of sustainability, the company transitioned to solar power with a 37kVA installation, implemented water conservation nozzles achieving an 89% reduction in water flow, and recycled approximately 550 kg of waste. Additionally, TPL Insurance was recognized at the GDEIB Awards 2023 and won the Best Mobile App award at the Pakistan Digital Awards.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Employees