Saudi Pak Insurance Company Limited is owned by Saudi Pak Group having following share holdings of its members:

Saudi Pak Industrial & Agricultural Investment Company (Pvt.) Ltd. 60%

Saudi Pak Commercial Bank Ltd. 30%

Saudi Pak Leasing Ltd. 10%

Saudi Pak Insurance Company Ltd has launched with a Paid up capital of Rs.200 million well above the regulatory requirement of Rs.80 million as set out by Insurance Ordinance 2000.

Duly authorized by SECP. The Company has started its operations from 14th April 2005
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Saudi Pak Industrial and Agricultural Investment Company (Pvt.) Limited, A Joint Venture of Kingdom of Saudi Arabia and Government of Pakistan. The paid up capital of company is Rs.2 Billion held in equal proportion by Kingdom of Saudi Arabia & Government of Pakistan.

Saudi Pak is a strong financial group which is evident from the fact that the initial worth of group at inception was Rs.1 Billion, which today stands at Rs.65 billion.

The company has been awarded long term entity rating of AA+ and short term entity rating of A1+ by JCR – VIS Credit Rating Company Limited.

The Saudi Pak Group has emerged as a creditable name on the horizon of financial sector of the country. The other group companies include Saudi Pak Commercial Bank Ltd., Saudi Pak Leasing Ltd., with a latest addition of Saudi Pak Insurance Company Limited.

 
 
 
 
 

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