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:
Maskapai Reasuransi Indonesia Tbk PT
sales of 836.27 billion Indonesian Rupiahs [US$62.72 million]
of which 67%
Thaire Life Assurance Pcl
(1.88 billion Thai Bahts [US$54.51 million]
of which 65%
was Convertional Products), and
Union Assurance Ltd
based in Sri Lanka
(9.05 billion Sri Lanka Rupees [US$59.67 million]
Pakistan Insurance reported sales of 6.15 billion Pakistan Rupees (US$58.77 million)
December of 2015.
increase of 5.0%
versus 2014, when the company's sales were 5.86 billion Pakistan Rupees.
Sales at Pakistan Insurance have increased during each of the previous five years
(and since 2010, sales have increased a total of 68%).
Sales of Engineering saw an increase
that was more than double the company's growth rate: sales were up
17.3% in 2015, from
428.06 million Pakistan Rupees to 502.16 million Pakistan Rupees.
Pakistan Insurance also saw significant increases in sales in
Fire (up 8.0% to 947.39 million Pakistan Rupees)
Accident (up 13.6% to 189.52 million Pakistan Rupees)
Treaty Compulsory (up 9.5% to 3.30 billion Pakistan Rupees)
Not all segments of Pakistan Insurance experienced an increase in sales in 2015:
sales of Marine Cargo fell 39.0% to 33.96 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
Marine Hull (down 9.9% to 62.45 million Pakistan Rupees)