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
TPL Insurance Ltd
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