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EFU Insurance, originally Eastern Federal Union Insurance Company Limited, is a Pakistan based insurance company. It was the first insurance company in India founded in 1932, owned by the Muslims based in Calcutta. After the partition of India, the company moved to Pakistan and operated in East Pakistan and West Pakistan. The company ceased to ...
Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. It is divided into three components: life insurance, general insurance and health insurance.The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Insurance company ratings take into account a number of factors. Besides the finances, the general health and ethics of the company are also considered before rating the insurer. Some other ...
Pakistan State Oil: Rs. 206.89 billion (US$720 million) Karachi: Petroleum [2] 17: Standard Chartered Pakistan: Rs. 205.19 billion (US$710 million) Karachi: Banking [2] 18: Systems Limited: Rs. 181.10 billion (US$630 million) Lahore: Information technology [2] 19: Pakistan Oilfields Limited: Rs. 179.29 billion (US$620 million) Rawalpindi ...
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Century Insurance Company Limited, general insurance business [4] Century Paper and Board Mills Limited, producer of packaging boards [5] Colgate-Palmolive Pakistan, manufacture and sale of detergents, personal care, and other related products in Pakistan [1] Merit Packaging Limited, active in printing and packaging [6] [7]
NIB Bank Limited, a Temasek's subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore, through which is managed a portfolio of more than US$100 billion, focused primarily in Asia.