|
INSURANCE SECTOR IN PAKISTAN DURING NINE MONTH PERIOD ENDED SEPTEMBER 30, 2016 (Non-Life Members) (PKR in ‘000)
|
||||||||
|---|---|---|---|---|---|---|---|---|
|
S.No
|
Name of Companies
|
* Premium Written
|
Net Premium Revenue
|
Net Claims
|
Net Commission (Income)/Expense
|
Management Expenses
|
Gen. Admin. Exp+ Financial +Other Exp.
|
Investment Income/(Loss)
|
|
1
|
Adamjee Insurance
|
8,298,411
|
4,106,445
|
2,321,036
|
246,352
|
942,444
|
436,827
|
2,818,883
|
|
2
|
Alfalah Ins. Co
|
1,543,342
|
646,046
|
361,117
|
-52,503
|
195,128
|
81,984
|
64,339
|
|
3
|
Allianz EFU Health
|
1,610,643
|
908,107
|
723,191
|
-50,127
|
140,409
|
46,912
|
78,979
|
|
4
|
Alpha Insurance
|
120,475
|
59,585
|
56,487
|
8,085
|
51,470
|
20,004
|
52,869
|
|
5
|
Asia Insurance
|
421,402
|
309,968
|
50,869
|
55,393
|
94,704
|
49,228
|
34,552
|
|
6
|
Askari Gen. Insc.
|
1,703,632
|
938,353
|
459,755
|
-18,496
|
222,413
|
131,561
|
96,190
|
|
7
|
Atlas Insurance
|
1,857,252
|
757,623
|
177,486
|
-47,962
|
283,671
|
46,148
|
339,891
|
|
8
|
Century Insurance
|
851,884
|
522,167
|
318,841
|
-9,974
|
94,872
|
96,527
|
139,879
|
|
9
|
Cooperative Ins.
|
3,858
|
4,592
|
82
|
614
|
4,475
|
7,243
|
7,124
|
|
10
|
Crescent Star
|
166,147
|
157,018
|
37,222
|
17,186
|
57,847
|
43,164
|
4,652
|
|
11
|
East West Insc.
|
1,529,612
|
761,600
|
360,462
|
146,799
|
128,523
|
59,490
|
99,588
|
|
12
|
EFU Gen. Ins. Ltd.
|
12,224,154
|
5,647,654
|
2,146,717
|
394,377
|
1,189,442
|
601,722
|
1,433,785
|
|
13
|
Excel Insurance
|
4,386
|
1,744
|
-280
|
-360
|
7,633
|
5,513
|
84,667
|
|
14
|
Habib Insurance **
|
1,098,329
|
398,670
|
195,834
|
-58,995
|
168,864
|
56,241
|
141,940
|
|
15
|
IGI Insurance
|
2,378,826
|
1,026,687
|
547,332
|
-13,822
|
262,094
|
242,511
|
1,236,523
|
|
16
|
Jubilee General Insurance
|
6,667,601
|
3,109,612
|
1,591,022
|
316,468
|
914,492
|
55,252
|
941,662
|
|
17
|
New Hampshire Ins.
|
586,285
|
44,376
|
28,223
|
(150,422)
|
10,272
|
63,985
|
88,377
|
|
18
|
Pakistan Gen. Ins.
|
277,682
|
190,104
|
79,320
|
14,171
|
48,899
|
28,661
|
14,672
|
|
19
|
PICIC Insurance
|
-17,727
|
69,863
|
22,581
|
-4,027
|
28,071
|
39,007
|
930
|
|
20
|
Premier Ins.
|
976,777
|
448,285
|
519,609
|
71,049
|
276,531
|
89,953
|
113,901
|
|
21
|
Reliance Insurance
|
848,800
|
260,881
|
75,951
|
44,812
|
87,731
|
37,872
|
54,492
|
|
22
|
SPI Insurance
|
505,621
|
403,672
|
129,928
|
42,981
|
104,130
|
64,739
|
9,478
|
|
23
|
Security Gen. Insc.
|
1,959,330
|
322,279
|
51,383
|
22,691
|
54,398
|
76,301
|
758,684
|
|
24
|
Shaheen Ins.
|
286,632
|
197,541
|
72,317
|
35,845
|
35,856
|
57,589
|
12,665
|
|
25
|
Sindh Insurance
|
438,091
|
67,994
|
30,189
|
337
|
25,248
|
16,807
|
49,957
|
|
26
|
Takaful Pakistan
|
–
|
–
|
–
|
–
|
–
|
–
|
–
|
|
27
|
TPL Direct Ins.
|
1,019,755
|
898,929
|
389,294
|
88,770
|
338,081
|
121,004
|
36,719
|
|
28
|
UBL Insurer
|
2,007,489
|
617,346
|
307,227
|
-44,020
|
191,763
|
80,708
|
60,158
|
|
29
|
United Ins.
|
3,011,277
|
2,004,273
|
743,262
|
209,000
|
397,821
|
193,125
|
108,554
|
|
Note:(Business underwritten inside Pakistan)
|
||||||||
[divider style=”normal” top=”20″ bottom=”20″]
|
INSURANCE SECTOR IN PAKISTAN DURING NINE MONTH PERIOD ENDED SEPTEMBER 30, 2016 (Life Members) (PKR in ‘000)
|
|||||||||
|---|---|---|---|---|---|---|---|---|---|
|
S.No
|
Name of company
|
Total Gross Premium
|
Total Net Premium
|
Net Claims
|
Total Gross Acq. Cost
|
Gross Admin. Exp.
|
Commission from Reinsurers
|
Investment
|
Others
|
|
1
|
Adamjee Life
|
7,511,913
|
7,214,020
|
2,172,936
|
986,844
|
450,503
|
0
|
1,195,534
|
8,701
|
|
2
|
East West Life
|
17,343
|
13,228
|
34,265
|
2,558
|
18,755
|
-257
|
13,079
|
0
|
|
3
|
EFU Life
|
16,778,933
|
16,231,274
|
14,204,401
|
2,853,990
|
919,047
|
-15,425
|
9,184,050
|
21,745
|
|
4
|
IGI Life
|
5,540,281
|
5,429,644
|
2,248,534
|
473,908
|
336,004
|
-16,646
|
2,008,566
|
59,690
|
|
5
|
Jubilee Life
|
25,598,389
|
24,800,579
|
6,791,406
|
4,778,687
|
1,418,815
|
-69,160
|
8,309,509
|
40,057
|
|
6
|
State Life
|
45,825,254
|
45,743,004
|
24,457,622
|
9,832,274
|
5,037,105
|
9,309
|
45,572,258
|
109,082
|
[divider style=”normal” top=”20″ bottom=”20″]
|
DEMOGRAPHIC INDICATORS OF PAKISTAN
|
|
|---|---|
|
Details
|
2016
|
|
Total Population (Million)
|
195.4
|
|
Urban Population (Million)
|
77.93
|
|
Rural Population (Million)
|
117.48
|
|
Total Fertility Rate (TFR)
|
3.1
|
|
Crude Birth Rate (Per thousand)
|
25.6
|
|
Crude Death Rate (Per thousand)
|
6.70
|
|
Population Growth Rate (Percent)
|
1.89
|
|
Life Expectancy (Year)
|
|
|
– Female
|
67.7
|
|
– Male
|
65.5
|
[divider style=”normal” top=”20″ bottom=”20″]
|
PAKISTAN: STRUCTURE OF INTEREST RATES –I (%)
|
|||
|---|---|---|---|
|
w.e.f.
|
SBP Reverse Repo Rate
|
SBP Repo Rate
|
SBP Policy (Target) Rate
|
|
26-Jan-15
|
8.5
|
6.0
|
–
|
|
24-Mar-15
|
8.0
|
5.5
|
–
|
|
25-May-15
|
7.0
|
5.0
|
6.5
|
|
14-Sep-15
|
6.5
|
4.5
|
6.0
|
|
23-May-16 till date
|
6.25
|
4.25
|
5.75
|
[divider style=”normal” top=”20″ bottom=”20″]
|
FATALITIES IN TERRORIST VIOLENCE IN PAKISTAN
|
||||
|---|---|---|---|---|
|
Civilians
|
Security Force Personnel
|
Terrorists/Insurgents
|
Total
|
|
|
2003
|
140
|
24
|
25
|
189
|
|
2004
|
435
|
184
|
244
|
863
|
|
2005
|
430
|
81
|
137
|
648
|
|
2006
|
608
|
325
|
538
|
1471
|
|
2007
|
1522
|
597
|
1479
|
3598
|
|
2008
|
2155
|
654
|
3906
|
6715
|
|
2009
|
2324
|
991
|
8389
|
11704
|
|
2010
|
1796
|
469
|
5170
|
7435
|
|
2011
|
2738
|
765
|
2800
|
6303
|
|
2012
|
3007
|
732
|
2472
|
6211
|
|
2013
|
3001
|
676
|
1702
|
5379
|
|
2014
|
1781
|
533
|
3182
|
5496
|
|
2015
|
940
|
339
|
2403
|
3682
|
|
2016
|
612
|
293
|
898
|
1803
|
|
2017
|
5
|
1
|
10
|
16
|
|
Total*
|
21494
|
6664
|
33355
|
61513
|
|
*Data till January 8, 2017
|
||||