Commercial Credit Report for Picic Insurance Ltd

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	Picic Insurance Ltd
3rd Floor
Nadir House, I.I. Chunddrigar Road
Phone: +92 2132410781p:+92 2132410781	KARACHI, 75600 Pakistan	Ticker: PILPIL

Business Summary

PICIC Insurance Limited is engaged in providing non-life insurance business. The Company’s segments include Fire and property, Marine, aviation & transport, Motor, Accident & health and Miscellaneous. Fire and property insurance compensate its customers for damage suffered to their properties or for the value of property lost. The Marine Insurance segment covers the loss or damage of vessels, cargo, terminals and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination. The Motor insurance segment provides protection against losses incurred as a result of theft, traffic accidents and against third party liability. The Accident and health segment insurance contract mainly compensate hospitalization and outpatient medical coverage to the insured. The Miscellaneous insurance segment includes engineering, terrorism, personal accident, worker compensation, travel, products of financial institutions and crop insurance.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	-	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
6331	Fire, marine, and casualty insurance
6324	Hospital and medical service plans

Officers and Directors

Title	Name	Title Date	Start Date
Non-Executive Chairman of the Board	Irshad Ali Shaban AliKassim	7/4/2014	6/6/2014
Chief Executive Officer, Managing Director	Jalees A.Siddiqi	7/22/2015	7/22/2015
Director	AbuAhmed	7/6/2017	7/6/2017
3 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	35,000,000	(As of 12/31/2023)
Stock Exchange:	PSX
Fax Number:	+92 2132410782

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