Pakistan & Gulf Economist Pakistan's Business Financial Magazine
The Universal Insurance Company Limited – a part of Bibojee Group of Companies was established by an eminent industrialist the late Lt. General (R) M Habibullah Khan Khattak. This Company entered into insurance market in 1960.
The Company is fully protected through its world renowned re-insurers.
With the vast and diversified reinsurance arrangements, the Universal Insurance Company is able to underwrite risks of heavy magnitude. For larger industrial risks Company has standing facultative reinsurance arrangements with local insurance companies.
This clientage includes Textile/ Spinning Mills, Flour Mills, Sports and Surgical Manufacturers, Garment Factories, Sugar Mills, Ghee Industries and various other industrial projects.
We are on approved panel of local and foreign Banks/Financial Institutions/ Leasing Companies and Modarabas etc. with reasonable bank limits, which enable us to underwrite risks of heavy magnitude.
Currently he is a Chief Executive Officer of the Universal Insurance Company Limited. Mr. Gohar Ayub Khan is a Pakistani politician, business oligarch, retired army officer, who held many ministerial positions in different Ministries of Govt. of Pakistan. He has got BBA degree from Preston University Karachi. He has served the Ghandhara Industries Limited as Managing Director from 1963 to 1968 and Hashmi Can Co. Ltd. as a Chairman from 1968 to 1980.
Directors
Lt. Gen (R) Ali Kuli Khan Khattak (Chairman)
Mr. Raza Kuli Khan Khattak
Mr. Ahmed Kuli Khan Khattak
Mrs. Shahnaz Sajjad Ahmed
Mr. Muhammad Imran Malik
Mr. Haroon Ahmed Zuberi
Authorized Capital – 750,000 (Rs. In ‘000’)
Paid up Capital – 500,000 (Rs. In ‘000’)
Date of Incorporation – 09-05-1958
NTN – 0712418–0
Sales Tax Registration No – 03-00-9805-006-28
Lahore Chamber Membership – 916-C
Major Product(s)
