East West Insurance Co. Ltd.
PPSX:EWIC58.14
PKR
0.00
(0.00%)
ISIN
PK0027101010
Return %
Stock
S&P 500
1Y
11.63
14.20
3Y
13.82
81.12
5Y
27.30
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Naved Yunus
- Full Time Employees
- 174
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Karachi Pakistan
- IPO Date
- Dec 5, 1988
- Website
- ewi.com.pk
- Similar Companies
- Business
- East West Insurance Company Limited is a Pakistan-based general insurance company engaged in the provision of non-life insurance and Shariah-compliant Window Takaful products and services to individual, commercial, and corporate clients. Founded in 1983 and headquartered in Karachi, Pakistan, the company operates across key underwriting segments, including Fire and Property Damage, Marine and Transport, Motor, Engineering, Health, Bond, and Miscellaneous insurance. Its comprehensive product portfolio comprises fire and allied perils insurance, including riot, strike, earthquake, explosion, atmospheric disturbance, terrorism, and business interruption; marine cargo insurance covering ocean, air, rail, and road transit for import and export shipments, as well as marine hull coverage; motor insurance offering comprehensive vehicle protection, third-party liability, collision, theft, and commercial fleet management solutions; engineering insurance encompassing contractor all risks (CAR), erection all risks (EAR), machinery breakdown, boiler explosion, and electronic equipment coverage; health and accident policies providing group health hospitalization, outpatient, maternity, and personal accident benefits; bond and surety facilities, including bid bonds, performance bonds, mobilization advance guarantees, customs bonds, and retention money guarantees; and miscellaneous casualty lines covering cash in transit, cash in safe, burglary, fidelity guarantee, employer liability, public liability, and product liability. Through its Window Takaful Operations, the company additionally provides a full suite of Shariah-compliant risk-sharing solutions across all general takaful categories. East West Insurance Company Limited distributes its products and manages claims through an extensive nationwide branch network spanning major economic centers across Pakistan, including Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad, Multan, Sialkot, Gujranwala, Peshawar, and Quetta. In recent operational developments, the company has advanced its digital transformation strategy by upgrading its enterprise core insurance management systems, implementing automated underwriting and claims processing workflows, and introducing online customer service portals. Furthermore, East West Insurance Company Limited has expanded its Window Takaful division to meet increasing domestic demand for Islamic insurance products, reinforced its reinsurance treaty arrangements with leading domestic and international reinsurers to support higher risk retention capacities for infrastructure and large industrial risks, and expanded its corporate risk advisory and specialized micro-insurance offerings.