Karachi, The Universal Insurance Company Limited informed Karachi Stock Exchange about board meeting of the company scheduled to be held on November 08, 2014 at Rawalpindi. The agenda of the meeting is to review existing business portfolio of the company. Further, the closed period of the company shall be from November 06, 2014 to November 12, 2014. Universal Insurance Company Limited is a public limited company incorporated in Pakistan on May 9, 1958. The foundations of the company rely on the Companies Act, 1913 now referred to as Companies Ordinance, 1984. It is engaged in the business of non-life insurance business. The services of the company includes motor insurance, marine insurance, fire insurance, miscellaneous insurance, travel insurance and claim settlement procedures. The registered office of the company is located in Lahore. The stocks of the company are quoted on Karachi and Lahore Stock Exchange of Pakistan. The company is a part of the Bibojee Group of Companies. The operations of the company started in 1960. The reinsurers of the company are Hanover Reinsurance Company of West Germany, Somitomo Marine and Fire Insurance Company of Japan, Korean Reinsurance Company of Korea and J.B Boda & company broker of Singapore. This clientage of the company includes Textile/Spinning Mills, Flour Mills, Sports and Surgical Manufacturers, Garment Factories, Sugar Mills, Ghee Industries and various other industrial projects the number of which runs over fifteen thousand. The company is also on the approved panel of all the local and foreign Banks/Financial Institutions/Leasing Companies and Modarabas etc. The symbol “UVIC” is being used by the stock exchange for the shares of Universal Insurance Company Limited.
Karachi: The Universal Insurance Company Limited has informed Karachi Stock Exchange that their board meeting to be held on April 01, 2014. The agenda of the meeting is to consider the audited accounts of the company for the year ended December 31, 2013. The period starting from March 25, 2014 to April 01, 2014 (both days inclusive) has been declared to be a “Closed Period” during which directors, CEO or executives of the company are not allowed, directly or indirectly, to deal in shares of the company in any manner.
Karachi, July 02, 2013 (PPI-OT): Please refer to our letter dated June 27, 2013, I would like to inform you that Board Meeting which was scheduled on Wednesday July 03, 2013 has been postponed due to non availability of Chief Executive of the company in Pakistan. The next date of meeting will be informed as […]
Karachi, April 05, 2013 (PPI-OT): Please find enclosed Notice of Annual General Meeting to be held on Tuesday the 30th April, 2013, published in today’s Newspapers in “Daily Business Recorder” and “Daily Nawa-e-Waqat” Karachi and Lahore locations. You may please inform the members of the Exchange accordingly. Notice of Annual General Meeting Notice is hereby […]
Karachi, August 27, 2012 (PPI-OT): Please refer to our letter dated August 16, 2012 on the above subject. We would like to inform you that our Board Meeting will now […]
Karachi, July 19, 2012 (PPI-OT): In accordance with Regulation No. 21(3) of the Listing Regulation of the Karachi Stock Exchange, we provide the Free Float of shares of our Company […]
Karachi: We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on Saturday 31st March, 2012 recommended the following: i. Cash […]
Karachi: This is to inform you that Capt M. Jamil Akhter Khan (Managing Director) has resigned from The Universal Insurance Company Limited (UVIC) and Mr. Muhammad Rafiq Chaudhry Executive Director […]