Adamjee Insurance Company Limited Stock

Adamjee Insurance Company Limited is a Pakistan-based company that is engaged in the general insurance business. Its segments include Fire and property damage; Marine, aviation and transport; Motor; Accident & health, Miscellaneous, and Life Insurance. Fire and property insurance contracts generally cover the assets of the policyholders against damage by fire, earthquakes, riots and strikes, explosions and others. Marine, aviation and transport insurance contracts generally provide cover for loss or damage to cargo while in transit to and from foreign land and inland transit. Motor insurance contracts provide indemnity for accidental damage to or loss of insured vehicles. Accident and health insurance contracts mainly compensate hospitalization and outpatient medical coverage to the insured according to the terms and conditions of the policy. Its subsidiary, Adamjee Life Assurance Company Limited, is engaged in the life insurance business carrying on non-participating business only.