Adamjee Insurance Company Limited operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Adamjee Insurance Company Limited with three other
insurance companies in Asia:
Anicom Holdings Incorporation
sales of 26.32 billion Japanese Yen [US$238.76 million]
of which 99%
was Loss insurance business),
Muang Thai Insurance Company Limited
(8.91 billion Thai Bahts [US$267.80 million]
of which 76%
was Insurance), and
LPI Capital Berhad
based in Malaysia
(1.12 billion Malaysian Ringgits [US$259.68 million]
of which 120%
was General Insurance Business).
Adamjee Insurance Company Limited reported sales of 26.32 billion Pakistan Rupees (US$249.80 million)
December of 2016.
increase of 30.4%
versus 2015, when the company's sales were 20.19 billion Pakistan Rupees.
This was the fourth straight year of sales growth at Adamjee Insurance Company Limited.
Sales of Motor Insurance saw an increase
56.6% in 2016, from
3.76 billion Pakistan Rupees to 5.88 billion Pakistan Rupees.
Not all segments of Adamjee Insurance Company Limited experienced an increase in sales in 2016:
sales of Fire and Property fell 12.2% to 894.37 million Pakistan Rupees.
Adamjee Insurance Company Limited also experienced decreases in sales in
Accident and Health (down 6.0% to 1.44 billion Pakistan Rupees)
Marine, Aviation and Transport (down 10.9% to 639.36 million Pakistan Rupees)
Non-Uitilzed Investment (down 10.7% to 449.83 million Pakistan Rupees)