Company Askari Life Assurance Company Limited

ALAC

PK0066501013

Life & Health Insurance

Business Summary

Managers

Members of the board

Share class

Company contact information

Sector

Sector Life Insurance

End-of-day quote Pakistan S.E. Other stock markets 18:00:00 2024-05-15 EDT			5-day change	1st Jan Change
4.78 ^PKR	+2.58%		-2.45%	-27.90%

04-30	Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-03	Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Askari Life Assurance Company Limited is a Pakistan-based company engaged in life insurance and window family takaful business including ordinary life business and accidental and health business. The Company's segments include ordinary life, universal life, accident and health business, individual family takaful, and group family takaful. Its products and services include individual life insurance-savings plans, individual life insurance-term life plans, family takaful-saving plans, group life insurance/group family takaful and bancassurance/bancatakaful. Its individual life insurance plans include Askari Nayab Plan and Askari Zarkhez Plan. Its Anmol Zindagi plan is a complete health and life protection plan. Its Anmol Zindagi plan can be upgraded to Anmol Zindagi Plus that offers additional hospitalization support benefit. Its group life insurance plans include rider's product add on, such as profit sharing, accidental death benefit, terminal illness and post-retirement benefit.

Number of employees: 97

Managers	Title	Age	Since
Jehanzeb Zafar CEO	Chief Executive Officer	-	18-03-20
Rehan Mobin DFI	Director of Finance/CFO	-	-
Atif Syed CMP	Compliance Officer	-	-
Waqas Waseem ADM	Chief Administrative Officer	-	-
Mohammed Azmatullah Sharif COO	Chief Operating Officer	-	-
Sohail Wajahat H. Siddiqui CTO	Chief Tech/Sci/R&D Officer	-	-
Nadeem Rajput SEC	Corporate Secretary	-	-
Khalid Nazir SAM	Sales & Marketing	-	-
Atif Usman Mallick AUD	Comptroller/Controller/Auditor	-	-

Members of the board	Title	Age	Since
Javed Yunus BRD	Director/Board Member	74	91-12-31
Ayesha Rafique BRD	Director/Board Member	-	-
Malik Riffat Mahmood BRD	Director/Board Member	-	17-11-14
Jehanzeb Zafar CEO	Chief Executive Officer	-	18-03-20
Tariq Hameed BRD	Director/Board Member	-	-
Rizwan Ullah Khan BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	150,172,014	21,475,059 ( 14.30 %)	0	14.30 %

Askari Life Assurance Co. Ltd.

Emerald Tower, Plot No. G-19 Block 5,Office No.1104, 11th Floor

75600, Karachi

http://www.eastwestlifeco.com

address Askari Life Assurance Company Limited(ALAC)

Financials

Life & Health Insurance

Life Insurance

	1st Jan change	Capi.
ASKARI LIFE ASSURANCE COMPANY LIMITED	-27.90%	2.58M
CHINA LIFE INSURANCE COMPANY LIMITED	+28.46%	107B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+12.16%	110B
AIA GROUP LIMITED	-4.04%	93.7B
LIFE INSURANCE CORPORATION OF INDIA	+17.05%	73.68B
AGESA HAYAT VE EMEKLILIK ANONIM SIRKETI	+53.15%	522M
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+21.74%	35.28B
JAPAN POST HOLDINGS CO., LTD.	+15.32%	29.95B
FUBON FINANCIAL HOLDING CO., LTD.	+15.12%	30.15B
SBI LIFE INSURANCE COMPANY LIMITED	+0.51%	17.24B

Life Insurance