Pakistan Insurance Corporation operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pakistan Insurance with three other
insurance companies in Asia:
Union Assurance Ltd
of Sri Lanka
sales of 10.76 billion Sri Lanka Rupees [US$70.07 million]
Singapore Reinsurance Corporation Limited
(97.62 million Singapore Dollars [US$71.94 million]
of which 233%
was Reinsurance), and
Thaire Life Assurance Pcl
based in Thailand
(2.05 billion Thai Bahts [US$61.82 million]
of which 58%
was Convertional Products).
Pakistan Insurance reported sales of 6.76 billion Pakistan Rupees (US$64.25 million)
December of 2016.
increase of 9.9%
versus 2015, when the company's sales were 6.15 billion Pakistan Rupees.
Sales at Pakistan Insurance have increased during each of the previous five years
(and since 2011, sales have increased a total of 50%).
Sales of Fire saw an increase
16.8% in 2016, from
947.39 million Pakistan Rupees to 1.11 billion Pakistan Rupees.
Not all segments of Pakistan Insurance experienced an increase in sales in 2016:
sales of Accident fell 23.8% to 144.34 million Pakistan Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Pakistan Insurance also experienced decreases in sales in
Engineering (down 0.5% to 499.63 million Pakistan Rupees)
Aviation (down 18.7% to 146.34 million Pakistan Rupees)
Marine Hull (down 13.1% to 54.24 million Pakistan Rupees)
Marine Cargo (down 0.6% to 33.74 million Pakistan Rupees)