Karachi, Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on April 03, 2023 at Karachi to First Quarter Accounts for the period ended 2022 is in progress.
Pakistan Reinsurance Company Limited was incorporated in Pakistan as a public limited company on March 30, 2000. The Company is engaged in providing of reinsurance and other insurance business.
The company provides insurance solutions to departments including Aviation, Marine Cargo, Marine Hull, Engineering, Fire and Accident. It provides reinsurance protection to the local insurance industry in view of treaty and facultative business as well as managing insurance schemes assigned by the Federal Government of Pakistan.
The total number of shares are 300,000,000. The Earnings per share is 4.64 in 2020 which was 4.95 in 2019. The Profit after Taxation is 1,391,439,000 in 2020 which was 1,484,283,000 in 2019.