IGI Life Insurance Limited
PPSX:IGIL18.99
PKR
+0.51
(+2.76%)
ISIN
PK0069401013
Return %
Stock
S&P 500
1Y
-5.10
14.20
3Y
102.88
81.12
5Y
-55.05
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
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in mil. unless spec.Company Description
- CEO
- Ali Nadim
- Full Time Employees
- 166
- Sector
- Finance
- Industry
- Life/Health insurance
- Address
- Karachi Pakistan
- IPO Date
- Jun 13, 1995
- Website
- igilife.com.pk
- Similar Companies
- Business
- IGI Life Insurance Limited provides life insurance, family takaful, and employee benefit solutions to individual, commercial, and institutional clients across Pakistan. Incorporated in 1994 and headquartered in Karachi, Pakistan, the company operates as a subsidiary of IGI Holdings Limited, part of the Packages Group. The company's core product and service portfolio encompasses Individual Life Insurance, offering unit-linked investment policies, traditional whole life and endowment plans, term life covers, child education and marriage savings plans, and supplementary riders for critical illness, accidental death, and disability; Family Takaful Solutions, delivering Shariah-compliant individual and group protection, savings, and retirement plans through its dedicated Window Takaful Operations; Health and Wellness Plans, providing comprehensive inpatient and outpatient medical coverage, hospitalization indemnities, major medical expense covers, and wellness-linked policies integrated with the IGI Life Vitality program to reward healthy lifestyles; Group Employee Benefits, featuring group life term insurance, group medical and dread disease coverage, and corporate gratuity and pension fund management solutions for corporate entities; and Bancassurance and Bancatakaful Products, distributing customized wealth accumulation, savings, and protection solutions through partnerships with leading commercial banks. In recent developments, IGI Life Insurance Limited has strengthened its financial performance by strategically repricing its corporate life and health portfolios and optimizing policy acquisition costs to enhance underwriting margins; expanded its bancassurance and bancatakaful distribution footprint across prominent financial institutions including Standard Chartered Bank, Allied Bank Limited, Bank Alfalah, and MCB Bank; scaled the rollout of its Vitality-integrated product suites across retail and banking channels; advanced partnerships in alternative channels such as real estate investment-linked protection offerings; and aligned its actuarial, capital management, and operational frameworks to comply with the Securities and Exchange Commission of Pakistan's transition toward a Risk-Based Capital regulatory regime while continuing to broaden its nationwide network of empaneled healthcare facilities.