Askari Life Assurance Company Limited

ALAC

PK0066501013

Life & Health Insurance

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-05-05 pm EDT			5-day change	1st Jan Change
4.91 ^PKR	-1.80%		-1.80%	-25.94%

Apr. 30	Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 03	Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Askari Life Assurance Company Limited Appoints Kamran Ali as New Member of its Board of Directors

March 12, 2024

Askari Life Assurance Company Limited has announced the appointment of Maj. Gen Kamran Ali (Retd) as a new member of its Board of Directors. The appointment is effective from March 6, 2024, and is currently awaiting approval from the Securities and Exchange Commission of Pakistan.

Maj. Gen Kamran Ali will be taking over the position from AVM Mohammad Athar Shams (Retd). The transition is notable within the company's leadership dynamics and has been communicated to the TRE Certificate Holders of the Pakistan Stock Exchange as per regulatory requirements.

Latest news about Askari Life Assurance Company Limited

Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 03	CI
Askari Life Assurance Company Limited Appoints Kamran Ali as New Member of its Board of Directors	Mar. 12	CI
Askari Life Assurance Company Limited Appoints Nauman Mahmood as Director on its Board	Feb. 14	CI
Askari Life Assurance Company Limited Announces Resignation of Mohammad Athar Shams from Its Board of Directors	Feb. 02	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-31	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-30	CI
Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-29	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-06	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-28	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-28	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-27	CI
Askari Life Assurance Company Limited Announces Board Changes	22-03-22	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-26	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-25	CI
Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2021	21-04-22	CI
Askari Life Assurance Company Limited Appoints Naveed Mukhtar as Chairman	21-04-01	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-26	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-10-29	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-26	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2019	20-04-24	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-23	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-21	CI
Askari Life Assurance Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2019	19-04-23	CI
Askari Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2018	19-03-15	CI

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Company Profile

Askari Life Assurance Company Limited is a Pakistan-based company engaged in life insurance and window family takaful business including ordinary life business and accidental and health business. The Company's segments include ordinary life, universal life, accident and health business, individual family takaful, and group family takaful. Its products and services include individual life insurance-savings plans, individual life insurance-term life plans, family takaful-saving plans, group life insurance/group family takaful and bancassurance/bancatakaful. Its individual life insurance plans include Askari Nayab Plan and Askari Zarkhez Plan. Its Anmol Zindagi plan is a complete health and life protection plan. Its Anmol Zindagi plan can be upgraded to Anmol Zindagi Plus that offers additional hospitalization support benefit. Its group life insurance plans include rider's product add on, such as profit sharing, accidental death benefit, terminal illness and post-retirement benefit.

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Life & Health Insurance

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Sector Life Insurance

	1st Jan change	Capi.
ASKARI LIFE ASSURANCE COMPANY LIMITED	-25.94%	2.65M
CHINA LIFE INSURANCE COMPANY LIMITED	+10.67%	102B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+5.68%	100B
AIA GROUP LIMITED	-9.99%	89.53B
LIFE INSURANCE CORPORATION OF INDIA	+10.71%	70.76B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+14.17%	32.05B
JAPAN POST HOLDINGS CO., LTD.	+21.04%	29.03B
FUBON FINANCIAL HOLDING CO., LTD.	+7.87%	28.18B
SBI LIFE INSURANCE COMPANY LIMITED	+1.23%	17.28B
HDFC LIFE INSURANCE COMPANY LIMITED	-14.59%	14.3B

Life Insurance