Magazine article Economic Review

Askari General Insurance Company Limited

Magazine article Economic Review

Askari General Insurance Company Limited

Article excerpt

Vision

The vision of the askari general insurance company Limited is to be amongst the leading insurance companies of the country with the clear perception of upholding t h principles of corporate governance and making Agico a profitable and growth oriented insurance company while creating insurance awareness and culture.

Mission

T become a leading insurance company by providing client friendly service through highly motivated team or dedicated professionals and ensuring progressive return to the shareholders.

Askari general insurance company Ltd. Established in October 1995 was sponsored by Army Welfare Trust (AWT), Askari Commercial Bank Ltd. (ACBL) and Askari Leasing Ltd, (ALL). It is a public limited company, listed in the all the three Stock Exchanges in Pakistan i.e. Karachi, Lahore and Islamabad. The company provides general insurance products and services to all sectors of the market. The company has earned itself a reputable place amongst top players of insurance industry. Agico's financial strength and rapid growth has been achieved through its policy of retaining and reinvesting a large part of the profit to strengthen the Paid-up Capital and Reserves. The company's financial position provides security to the clients and ensures progressive return to the stakeholders.

Agico

Agico transacts all classes of nonlife insurance business. It holds the strong position in Health insurance and is the leader in its expansion. The company has a large base of prestigious Pakistani and multinational clients being served through a network of 16 branches spread all over the country. …

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