Jubilee Life Insurance Co. Ltd.
PPSX:JLICL100.93
PKR
-1.07
(-1.05%)
ISIN
PK0074201010
Return %
Stock
S&P 500
1Y
-11.98
14.20
3Y
52.92
81.12
5Y
-26.23
68.34
Capital Structure
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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
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in mil. unless spec.Company Description
- CEO
- Javed Ahmed
- Full Time Employees
- 1,611
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Karachi Pakistan
- IPO Date
- Jul 16, 1996
- Website
- jubileelife.com
- Similar Companies
- Business
- Jubilee Life Insurance Company Limited is a Pakistan-based financial services provider that engages in life insurance, health insurance, and family takaful operations. Founded in 1995 and headquartered in Karachi, Pakistan, the company operates as a subsidiary of the Aga Khan Fund for Economic Development (AKFED), S.A., Switzerland. Jubilee Life Insurance operates across multiple business segments, offering a comprehensive suite of products and services that include: Individual Life Insurance, featuring unit-linked life insurance policies, whole life plans, term life assurance, child education and marriage plans, critical illness coverage, retirement and pension planning solutions, and accidental death and disability riders; Window Takaful Operations, providing Shariah-compliant family takaful products, unit-linked takaful savings plans, child protection takaful, marriage takaful, retirement takaful, and individual and group health takaful schemes; Group Life and Health Insurance, comprising group term life coverage, group medical and hospitalization insurance, outpatient care benefits, maternity protection, dread disease riders, credit life insurance for financial institutions, and corporate employee benefit plans; and Microinsurance and Inclusive Insurance, delivering low-cost term and health protection schemes tailored for low-to-middle income individuals, microfinance borrowers, and underserved demographics. The company distributes its solutions nationwide across Pakistan through an extensive direct agency sales network, corporate client channels, microfinance institutions, mobile network operators, digital platforms, and prominent bancassurance partnerships with commercial banks. In recent developments, Jubilee Life Insurance has accelerated its digital transformation strategy by enhancing its self-service customer portal, deploying AI-driven automated underwriting systems, and upgrading its mobile application to facilitate instant policy issuance, digital premium payments, and end-to-end electronic claims processing. The company has also expanded its strategic partnerships with leading Pakistani commercial banks, fintech platforms, and telecommunications operators to roll out embedded insurance products and broaden digital bancassurance outreach. Furthermore, Jubilee Life Insurance has enriched its corporate health and wellness ecosystem through new collaborations with telemedicine providers, digital health platforms, and nationwide hospital networks, expanding cashless hospitalization access and introducing integrated preventive healthcare and wellness programs for its individual and corporate policyholders.