CENTURY INSURANCE CO LTD
19.89
PKR
+1.69
(+9.29%)
ISIN
PK0036503016
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Mohammad Hussain Hirji
- Full Time Employees
- 150
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Karachi Pakistan
- IPO Date
- Mar 9, 1989
- Website
- cicl.com.pk
- Similar Companies
- Business
- Century Insurance Company Limited is a Pakistan-based general insurance company that underwrites and provides non-life insurance and Shariah-compliant takaful solutions to corporate, commercial, and retail clients. Founded in 1985 and headquartered in Karachi, Pakistan, the company operates as a subsidiary member of the Lakson Group and conducts operations across Pakistan through an extensive branch network in Karachi, Lahore, Islamabad, Faisalabad, Sialkot, Multan, and Gujranwala. Century Insurance Company Limited operates primarily through five core business segments: Fire and Property Damage, which provides coverage against fire, lightning, explosion, earthquake, atmospheric damage, riot, strike, and malicious damage; Marine, Aviation, and Transport, which provides marine cargo, hull, inland transit, and aviation risk coverage; Motor Insurance, which offers comprehensive vehicle damage, theft, and third-party liability protection; Accident and Health, which supplies group hospitalization, outpatient healthcare, critical illness, and personal accident insurance; and Miscellaneous and Engineering, which offers contractors' all-risk, erection all-risk, machinery breakdown, electronic equipment, boiler and pressure vessel, cash-in-transit, cash-in-safe, burglary, fidelity guarantee, travel insurance, public liability, employer's liability, and workmen's compensation policies. The company also operates a dedicated Window Takaful Operations division offering Islamic general insurance solutions alongside specialized risk management and claims advisory services. In recent developments, Century Insurance Company Limited initiated a right share issuance to strengthen its core capital base, declared enhanced cash dividend distributions, and had its Insurer Financial Strength rating reaffirmed at 'AA' with a Stable outlook by VIS Credit Rating Company Limited. Additionally, the company has broadened its digital underwriting distribution network through strategic partnerships with domestic financial technology and online insurance aggregation platforms to accelerate retail market penetration and automate policy issuance workflows.