Jubilee General Insurance Co. Ltd.
PPSX:JGICL76.01
PKR
-0.19
(-0.25%)
ISIN
PK0001901013
Return %
Stock
S&P 500
1Y
-7.64
14.20
3Y
117.79
81.12
5Y
84.49
68.34
Capital Structure
FRC
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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
FRC
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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
- Azfar Arshad
- Full Time Employees
- 710
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Karachi Pakistan
- IPO Date
- Oct 10, 1988
- Website
- jubileegeneral.com.pk
- Similar Companies
- Business
- Jubilee General Insurance Company Limited is a Pakistan-based general insurance provider that delivers a comprehensive suite of non-life conventional insurance and Shariah-compliant Window Takaful solutions to corporate, commercial, small and medium enterprise, and individual retail clients. Founded in 1953 and headquartered in Karachi, Pakistan, the company operates under the sponsorship of the Aga Khan Fund for Economic Development and maintains an extensive nationwide branch network across major metropolitan, commercial, and industrial centers throughout Pakistan. The company operates through seven core business segments: Fire and Property, Marine and Aviation, Motor, Health and Personal Accident, Engineering, Miscellaneous and Financial Lines, and Window Takaful Operations. Its product and service portfolio comprises Fire and Property Insurance, providing coverage for commercial and industrial complexes, residential properties, fire and allied perils, business interruption, and terrorism; Marine, Aviation, and Transport Insurance, encompassing marine cargo, inland transit, marine hull, and aviation hull and liabilities; Motor Insurance, delivering comprehensive private vehicle coverage, third-party liability, commercial fleet protection, and roadside assistance; Health and Personal Accident Insurance, offering corporate group hospitalization, outpatient benefits, critical illness coverage, maternity care, and individual health and accident plans; Engineering Insurance, covering contractor's all risks, erection all risks, machinery breakdown, boiler explosion, and electronic equipment risks; Miscellaneous and Liability Lines, including directors and officers liability, public and product liability, professional indemnity, cyber risk protection, fidelity guarantee, cash-in-transit/safe, international and domestic travel insurance, and home care coverage; and Window Takaful Operations, offering dedicated Shariah-compliant general takaful policies across all standard non-life underwriting categories. Jubilee General Insurance distributes its offerings via direct corporate sales, registered insurance brokers, agency forces, bancassurance alliances with commercial banks, and web-based direct-to-consumer portals. In recent strategic developments, the company has expanded its digital transformation initiatives by rolling out end-to-end digital onboarding, automated policy issuance portals, and technology-enabled claims settlement systems. The company has forged strategic partnerships with prominent fintech platforms, telecommunication operators, and microfinance institutions to distribute embedded micro-insurance and micro-takaful products, including mobile wallet protection and specialized health coverages. Additionally, Jubilee General Insurance has enhanced its Window Takaful product lines to capture increasing demand for Islamic financial products, broadened climate-resilient and agricultural microinsurance solutions for rural markets, and aligned its underwriting policies with environmental, social, and governance risk management standards.