Pakistan Reinsurance Company Limited Announces Board Changes

Pakistan Reinsurance Company Limited is a Pakistan-based company, which is engaged in providing reinsurance and other insurance business. The Company provides insurance solutions including fire, marine, engineering, accident, aviation, treaty & business development department services. Its segments include Fire and property damage, which specializes in building, building and contents, stocks, machinery, and other insurable interest; Marine, which is includes marine cargo, and marine hull. Marine Cargo is concerned with only cargo within the vessels whereas Marine Hull deals with reinsurance of machinery/ body of the boat; Accident, which specializes in the provision of reinsurance coverage to local Insurance companies, as well as foreign-based companies accommodating the acceptance/retro business, and Treaty. Its Engineering Insurance include property damage, business interruption, machinery breakdown/boiler, contractor all risks, erection all risks, third party liability.