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Universal Insurance company Limited

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Universal Insurance Company
(UIC)
150px
Public
IndustryInsurance
Founded 📆1960[1]
Founder 👔
Headquarters 🏙️Lahore[1]
Area served 🗺️
Pakistan
Key people
Mr. Raza Kuli Khan Khattak
(Chairman)
Begum Zeb Gohar Ayub Khan
(Chief Executive)
Mr. Muhammad Rafiq Chaudhry
(PO & MD)
Products 🎛️ 🧴See brands listing
Total equity132 million Pakistani Rupees[1]
Members
Number of employees
3,000 (2008)
Website[1]
address
telephone

The Universal Insurance Company Limited is a part of Bibojee Group of Companies which was established by the late Habibullah Khan Khattak. The company was incorporated in 1960 and has established its franchise in the general insurance market.[1][2]

Company background[edit]

Universal Insurance Company limited was established in 1960 at Lahore, Pakistan.[1]

In 1971, the Company lost many of its assets and network due to separation of the then East Pakistan. The Company rebuilt its business in the remaining part of Pakistan.

Universal Insurance Company was nationalized in 1972 by the Zulfikar Ali Bhutto government and the company remained in the Public Sector for many years.

Universal Insurance Company Limited's stock is traded on the Pakistan Stock Exchange.[3]

Company's major clients[edit]

  • General Tyre Pakistan[1]
  • Attock Refinery[1]
  • Ghandhara Nissan[1]

The company's clients include textile industry, flour mills, sports and surgical instrument manufacturers, garment clothing factories and sugar mills.[1]

References[edit]



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