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Askari Life Assurance Company Ltd
KDA Improvement Scheme No.5, Clifton,
Office No.1104, 11th Floor, Emerald Towe
Phone: +92 2111225275p:+92 2111225275 KARACHI, Pakistan Ticker: ALACALAC
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6311 Life insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer JahanzebZafar 3/27/2018 3/27/2018
Chief Financial Officer SohailNazeer 10/1/2019
Chief Operating Officer ImranAli Dodani
12 additional Officers and Directors records available in full report.

Business Names
Business Name
ALAC
East West Life Assurance Co Ltd
EWLA
Metropolitan Life Assurance Co Ltd

General Information
Number of Employees: 97 (As of 12/31/2023)
Outstanding Shares: 150,172,014 (As of 12/31/2023)
Stock Exchange: PSX
Fax Number: +92 2135630429


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Friday, April 26, 2024