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Business Description
IGI Holdings Ltd (IGI) is a provider of life and non-life insurance solutions to individual and corporate customers. It also offers brokerage services and investment solutions. Its portfolio of products includes individual life insurance, fire insurance, marine insurance, motor insurance, travel insurance, health insurance, home insurance, property insurance, personal accident insurance, auto insurance, fire insurance, marine cargo insurance and engineering insurance. The company markets and distributes products and services through agents, insurance intermediaries, and banking partners in Pakistan.
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Business Segments
Overview
Offers money market and foreign exchange brokerage services, shares and commodities brokerage services and advisory and consulting services.
Performance
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Overview
Operates investment operations through its subsidiary, IGI Investments (Pvt) Limited.
Performance
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Overview
Underwrites participating and non-participating individual and group life insurance, investment linked individual life insurance, and individual and group accident and health insurance. Also offers pension funds. Participating life insurance offers coverage to individuals with policies entitled to share in the surplus earnings of the statutory fund to which they are referable. Non-participating life insurance offers coverage to individuals with policies that are not entitled to share in the surplus earnings of the statutory fund to which they are referable. Investment linked individual life insurance offers coverage to individuals, whereby the benefits are expressed in terms of units related to the market value of specified assets. Individual and group accident and health insurance offers fixed pecuniary benefits in case of accident or sickness to individuals and employer-employee groups. Pension funds offer pension or a retirement solutions to individuals and groups.
Performance
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Overview
Underwrites fire and property insurance,; marine, aviation, and transport insurance; motor insurance; accident and health insurance; and miscellaneous insurance. Fire and property insurance offers coverage for loss due to fire, explosion, atmospheric damage, electric fluctuation, riot and strike, earthquake, flood, and other related perils. Marine, aviation and transport insurance offers coverage for war risk, cargo risk, and damages occurring in inland transit and other related perils. Motor insurance offers include car coverage, indemnity against third party loss and other related coverage. Accident and health insurance offers coverage for hospitalization, personal accident, and other medical benefits. Miscellaneous insurance offers coverage for loss of cash in safe and cash in transit, travel, burglary, engineering losses, and other coverage.
Performance
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