NTN:0710710-2 / Reg: K-110/14257
IGI is a public listed general insurance company (KSE: IGIIL) founded in 1953. Being part of the Packages Group, IGI is the largest insurance company by market capitalization. Headquartered in Karachi, IGI has offices in 8 cities nationwide and offers a wide range of general insurance products including Fire, Motor, Marine, Travel, Health Personal Accident and Home Insurance.
IGI feels pride in having a long term business relationship with leading local and multinational companies.
Financial strength rating: ‘AA’ by Pakistan Credit Rating Agency (PACRA).
Commenced business - with a paid up capital of Rs. 1.0 million. The first fire policy was issued to Syed Babar Ali.
Syed Maratib Ali was the first Chairman of IGI and Syed Babar Ali its first MD.
1964 Alliance PLC as a corporate decision decided to pull out of the sub-continent as such the share of Alliance PLC was taken over by the Ali Group.
Got listed on KSE & LSE.
First General Insurance Company in Pakistan to obtain ISO 9002 certification.
Acquired Royal and SunAlliance (RSA) PLC. UK operations.
Acquired American Express Bank shareholding in IGI Investment Bank.
Premiums exceed PKR 1 Billion.
Name Change: International General Insurance to IGI.
ISO 9001:2008 Certification
Signing of Share Purchase Agreement (SPA) with Metlife, USA for acquisition of ALICO business in Pakistan.
No 1 insurance company - in terms of Market Capitalization.
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