Jubilee General Insurance Company Ltd Information

Jubilee General Insurance Company Limited has entered its sixty ninth year of Operations marking a legacy of over six decade of living by its core values, of; Teamwork, Integrity, Excellence and Passion. Since its establishment in 1953, Jubilee General has maintained its presence as the most prominent company launching innovative products and new initiatives in the insurance industry. It has established itself as one of the most reputed and brightest names of the sector. Sustained growth and evolution has secured Jubilee General as one of the “Big Three” insurers of Pakistan in terms of gross direct premium and financial base. Jubilee General is listed on the Pakistan Stock Exchange. Its major shares are held by, Aga Khan Hospital and Medical College Foundation, Habib Bank Limited, Aga Khan Fund for Economic Development and Hashoo Group. Jubilee General, with its Head Office in Karachi, has an extensive and dynamic branch network in all major cities and towns of Pakistan to ensure prompt service at the customers’ doorstep. Jubilee General is the highest rated general insurance company in Pakistan with an Insurer Financial Strength Rating of “AA +” with “Stable Outlook” assigned by the both credit rating agencies of Pakistan i.e VIS and PACRA. Jubilee General is one of the few insurers in Pakistan to be accorded Financial Strength Rating of “B+” (good) and issuer credit rating of “bbb-” (Good) by A. M. Best, which is the highest rating to be assigned by an International Rating Agency to any financial institution in Pakistan. According to A.M. Best, the rating reflects Jubilee General’s strong risk adjusted capitalisation, solid business profile within Pakistan and good track record of operating performance. Furthermore, the Company has developed better procedures in assessing, measuring and mitigating the key risks associated with its business. A. M. Best is the world’s oldest and most authoritative insurance rating and information source.