The United Insurance Company of Pakistan Limited was incorporated on October 20, 1959, in Pakistan as a Public Limited Company under the Defunct Companies Act, 1913, now the Companies Act, 2017.The principal activity of the Company is General Insurance Business and it qualifies as a domestic insurance company under the Insurance Ordinance, 2000 and undertakes Fire & Property Damage, Marine Aviation & Transport, Motor, Crop and Miscellaneous General Insurance. The Company has been allowed to carry on Window Takaful Operation on August 18, 2014 by the Securities and Exchange Commission of Pakistan (SECP) under the Takaful Rules, 2012. The Company has not transacted any insurance business outside Pakistan.
| Muhammad Akram Shahid | CEO |
| Muhammad Ashraf Khan | Chairperson |
204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Saddar Karachi.
M/s FD Registrar Services (SMC-Pvt) Ltd. 1705 17th Floor Saima Trade Center, I.I Chundrigar Road, Karachi.
M/S. RSM Avais Hyder Liaquat Nauman Chartered Accountants
December
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Profit after Taxation | 1,005,430 | 921,719 | 511,715 | 414,555 |
| EPS | 3.01 | 3.12 | 2.74 | 1.41 |
| Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | |
|---|---|---|---|---|
| Profit after Taxation | 379,388 | 271,773 | 248,619 | 344,781 |
| EPS | 1.09 | 0.85 | 0.72 | 0.99 |
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Gross Profit Margin (%) | 29.97 | 33.23 | 36.01 | 24.17 |
| Net Profit Margin (%) | 27.70 | 27.27 | 18.79 | 22.18 |
| EPS Growth (%) | (3.53) | 13.87 | 94.33 | (8.44) |
| PEG | (1.04) | 0.18 | 0.03 | (0.68) |
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| March 12, 2024 12:45 PM | 31/12/2023(YR) | 10%(F) (D) | 20/04/2024 - 29/04/2024 |
| October 26, 2023 3:59 PM | 30/09/2023(IIIQ) | 15%(ii) (D) | 08/11/2023 - 13/11/2023 |
| May 2, 2023 2:54 PM | 31/03/2023(IQ) | 10%(i) (D) | 12/05/2023 - 16/05/2023 |
| March 21, 2023 4:02 PM | 31/12/2022(YR) | 10%(F) (D) | 21/04/2023 - 29/04/2023 |
| October 28, 2022 4:14 PM | 30/09/2022(IIIQ) | 10%(ii) (D) | 12/11/2022 - 16/11/2022 |
| August 11, 2022 3:52 PM | 30/06/2022(HYR) | 15%(ii) (D) | 25/08/2022 - 29/08/2022 |
| May 6, 2022 3:19 PM | 31/03/2022(IQ) | 10%(i) (D) | 12/05/2022 - 16/05/2022 |
| August 27, 2021 4:32 PM | 30/06/2021(HYR) | 10%(i) (D) | 22/09/2021 - 28/09/2021 |
| August 26, 2020 3:21 PM | 30/06/2020(HYR) | 6%(i) (D) | 21/09/2020 - 27/09/2020 |
| March 24, 2020 6:34 PM | 31/12/2019(YR) | 13.4172% (B) | 21/04/2020 - 27/04/2020 |
