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* Returns not adjusted for payouts
Company Profile
The United Insurance Company of Pakistan Limited was incorporated on October 20, 1959, in Pakistan as a Public Limited Company under the Defunct Companies Act, 1913, now the Companies Act, 2017.The principal activity of the Company is General Insurance Business and it qualifies as a domestic insurance company under the Insurance Ordinance, 2000 and undertakes Fire & Property Damage, Marine Aviation & Transport, Motor, Crop and Miscellaneous General Insurance. The Company has been allowed to carry on Window Takaful Operation on August 18, 2014 by the Securities and Exchange Commission of Pakistan (SECP) under the Takaful Rules, 2012. The Company has not transacted any insurance business outside Pakistan.
Mr. Muhammad Akram Shahid | CEO |
Mr. Jamil Ahmed Khan | Chairman |
Mr. Athar A Khan | Company Secretary |
204, 2nd Floor, Madina City Mall, Abdullah Haroon Road, Saddar Karachi.
M/s FD Registrar Services (SMC-Pvt) Ltd. 1705 17th Floor Saima Trade Center, I.I Chundrigar Road, Karachi.
M/S. RSM Avais Hyder Liaquat Nauman Chartered Accountants
December
Equity Profile
Announcements
Date | Title | Document |
---|---|---|
May 3, 2023 | Transmission of Quarterly Report for the Period Ended 2023-03-31 | View PDF |
May 2, 2023 | Financial Results for the Quarter Ended 2023-03-31 | View PDF |
May 2, 2023 | Financial Results for the Quarter Ended 2023-03-31 REVOKED | View PDF |
Apr 7, 2023 | Transmission of Annual Report for the Year Ended 2022-12-31 | View PDF |
Mar 21, 2023 | Financial Results for the Year Ended 2022-12-31 | View PDF |
Oct 31, 2022 | Transmission of Quarterly Report for the Period Ended 30-09-2022 | View PDF |
Oct 28, 2022 | Financial Results for the Quarter Ended 2022-09-30 | View PDF |
Aug 23, 2022 | Transmission of Quarterly Report for the Period Ended 30-06-2022 | View PDF |
Aug 11, 2022 | Financial Results for the 2nd Quarter Ended June 30, 2022 | View PDF |
Apr 28, 2022 | Transmission of Quarterly Report for the Period Ended 2022-03-31 | View PDF |
Date | Title | Document |
---|---|---|
May 2, 2023 | Certified True Copy of Resolutions passed and adopted by the Shareholders of The United Insurance Co. of Pakistan Ltd., in the 63rd Annual General Meeting. | View PDF |
Apr 19, 2023 | Board Meeting | View PDF |
Apr 19, 2023 | Board Meeting REVOKED | View PDF |
Apr 7, 2023 | Notice of Annual General Meeting | View PDF |
Apr 6, 2023 | Notice of Annual General Meeting (Pre-Publication) | View PDF |
Mar 14, 2023 | Board Meeting | View PDF |
Feb 20, 2023 | Decision of The Board of Directors' Meeting | View PDF |
Feb 10, 2023 | Board Meeting Other Than Financial Results | View |
Oct 20, 2022 | Board Meetings | View |
Sep 26, 2022 | Certified True Copy of Special Resolutions passed and adopted by the Shareholders of the United Insurance Co. of Pakistan ltd., in the Extra-ordinary General Meeting. | View PDF |
Date | Title | Document |
---|---|---|
May 26, 2023 | Newspaper Clippings - Payment of Interim Cash Dividend (0-08) | View PDF |
May 25, 2023 | Prior Notice for Payment of Interim Cash Dividend (D-8) | View PDF |
May 11, 2023 | Payment of Interim Cash Dividend (CD-07) | View PDF |
May 10, 2023 | Prior Notice for Payment of Final Cash Dividend D-7 | View PDF |
May 4, 2023 | Notice of Interim Cash Dividend and Book Closure | View PDF |
Apr 28, 2023 | Corporate Briefing Session Presentation | View PDF |
Apr 18, 2023 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View PDF |
Apr 18, 2023 | Corporate Briefing Session | View PDF |
Mar 31, 2023 | UNIC | The United Insurance Company of Pakistan Limited -Revised | |
Mar 31, 2023 | UNIC | The United Insurance Company of Pakistan Limited | |
Feb 7, 2023 | Certified Copies of Merger Scheme SPI into The United Insurance and Judgement from High Court of Sindh Karachi | View PDF |
Feb 1, 2023 | Disclosure of Material Information | View PDF |
Financials
All numbers in thousands (000's) except EPS
2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|
Profit after Taxation | 921,719 | 511,715 | 414,555 | 401,591 |
EPS | 3.12 | 2.74 | 1.41 | 1.54 |
Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | |
---|---|---|---|---|
Profit after Taxation | 344,781 | 245,275 | 182,945 | 308,184 |
EPS | 0.99 | 0.83 | 0.62 | 0.89 |

Ratios
2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|
Gross Profit Margin (%) | 33.23 | 36.01 | 24.17 | 13.83 |
Net Profit Margin (%) | 27.27 | 18.79 | 22.18 | 15.80 |
EPS Growth (%) | 13.87 | 94.33 | (8.44) | (10.47) |
PEG | 0.18 | 0.03 | (0.68) | (0.60) |
Payouts
Date | Financial Results | Details | Book Closure |
---|---|---|---|
May 2, 2023 2:54 PM | 31/03/2023(IQ) | 10%(i) (D) | 12/05/2023 - 16/05/2023 |
March 21, 2023 4:02 PM | 31/12/2022(YR) | 10%(F) (D) | 21/04/2023 - 29/04/2023 |
October 28, 2022 4:14 PM | 30/09/2022(IIIQ) | 10%(ii) (D) | 12/11/2022 - 16/11/2022 |
August 11, 2022 3:52 PM | 30/06/2022(HYR) | 15%(ii) (D) | 25/08/2022 - 29/08/2022 |
May 6, 2022 3:19 PM | 31/03/2022(IQ) | 10%(i) (D) | 12/05/2022 - 16/05/2022 |
August 27, 2021 4:32 PM | 30/06/2021(HYR) | 10%(i) (D) | 22/09/2021 - 28/09/2021 |
August 26, 2020 3:21 PM | 30/06/2020(HYR) | 6%(i) (D) | 21/09/2020 - 27/09/2020 |
March 24, 2020 6:34 PM | 31/12/2019(YR) | 13.4172% (B) | 21/04/2020 - 27/04/2020 |
March 5, 2019 2:37 PM | 31/12/2018(YR) | 15% (B) | 19/03/2019 - 29/03/2019 |
March 22, 2018 3:08 PM | 31/12/2017(YR) | 13% (B) | 24/04/2018 - 30/04/2018 |