TPL Insurance : Corporate Briefing Session (CBS)

Analyst Briefing

Dated: 17th March 2023

1

Business Updates

2

TPLI has gradually diversified its portfolio and achieved a 16% in the year 2022 with significant

growth in digital travel segment and corporate lines of business

	Millions	3,000	9%
GROWTH			2022			2021
2,500	-9%
		2,000	47%
		1,500
PREMIUM		1,000	45%
	500				398%	44%

42%

0

Crop Health

Livestock10%

1%

Fire

12%

Marine

2%

Travel

1%

Misc

2%

Motor

72%

PREMIUM COMPOSITION

PremiumGrowth

Misc

The number of policies now presents a widely

Health

0%

GROWTH	diversified portfolio
Customer data being churned to improve cross sell
of various retail products
POLICY
Digital assets contributing to cross sell of different
products to existing clients

29%

Crop /

Livestock

0%

Fire

2%

Marine

4%

Motor

36%

Travel

29%

Despite significant inflationary impact and competitive market pricing, claims ratio maintained at one of the lowest in industry

48%						59%
							I N D U S T R Y
TPLI CLAIM
					C L A I M
RATIO
					R A T I O
			TOP 10 - NEP PLAYERS
				64.0%
66.3%	65.8%	64.4%	63.2%	57.1%		47.7% 47.3%
					48.4%	42.7%

Adamjee Jubilee

EFU

IGI

Askari

Alfalah Salaam

TPLI East West United

Industry Claim Ratio

Latest IAP data available

Some noteworthy achievements recorded during the year on digitization adoption which enhanced digital brand value and customer portfolio of TPLI

A

28K+

Digital Policies

Sold

38,855

Total App Active Users (Highest in Industry)

	101.3M	1,478
	Highest	Motor Claims
	through App
Platinum	Digital Sales
Drive
Telematics
based product
Launched		5,368
		Health Claims on
	295	APP
	Motor Renewals
419,670	on APP	MetaVerse
Total App Downloads
(Highest in Industry)	Launched first presence in the Metaverse
		in Insurance in Pakistan. Signed with
		biggest Metaverse in Pakistan - Narsun
		Studios

Digital Achievements