Stock ALIFE ADAMJEE LIFE ASSURANCE COMPANY LIMITED
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Company Adamjee Life Assurance Company Limited

Equities

ALIFE

PK0130801019

Life & Health Insurance

End-of-day quote Pakistan S.E.
Other stock markets
 23:00:00 21/05/2024 BST 		5-day change 1st Jan Change
34.27 PKR +1.00% Intraday chart for Adamjee Life Assurance Company Limited +9.52% +37.30%
04-04 Adamjee Life Assurance Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Adamjee Life Assurance Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

Adamjee Life Assurance Company Limited is a Pakistan-based company, engaged in life insurance business carrying on non-participating business only. Its segments include Conventional Business, which includes individual life, group life and group credit life assurance; Accident and Health Business, which provides fixed pecuniary benefits or benefits in the nature of indemnity or a combination of both in case of accident or sickness; Individual Life Non-unitized Investment Linked Business, which provides life assurance coverage to individuals under universal life policies issued by the Company; Individual Life Unit Linked segment provides life assurance coverage to individuals under unit-linked investment policies issued by the Company; The Individual Family Takaful segment provides family takaful coverage to individuals; The Group Family Takaful segment provides family takaful coverage to members of business enterprises, corporate entities and Unit Linked Business segment.

Number of employees: 1,802

Sales per Business

PKR in Million2022Weight2023Weight Delta
Unit Linked
82.2 %
18,612 78.2 % 33,042 82.2 % +77.54%
Individual Family Takaful Unit Linked
15.3 %
4,437 18.6 % 6,164 15.3 % +38.94%
Non-unitised Investment Link
1.1 %
358 1.5 % 440 1.1 % +22.83%
Conventional
1.0 %
289 1.2 % 414 1.0 % +43.00%
Group Family Takaful
0.3 %
99 0.4 % 120 0.3 % +21.35%
Accident and Health
0.0 %
1 0.0 % 3 0.0 % +321.04%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
100.0 %
23,795 100.0 % 40,182 100.0 % +68.87%

Managers

Managers TitleAgeSince
Manzar Mushtaq CEO
 Chief Executive Officer - -
Jalal Meghani DFI
 Director of Finance/CFO - -
Bakht Jamal COO
 Chief Operating Officer - -
Muhammad Imran Hussain CTO
 Chief Tech/Sci/R&D Officer - -
Asif Mirza CMP
 Compliance Officer - -
Mian Umer Mansha BRD
 Director/Board Member - -
Zehra Faiz HRO
 Human Resources Officer - -
Samad Naqvi AUD
 Comptroller/Controller/Auditor - -
Muhammad Furqan Uddin AUD
 Comptroller/Controller/Auditor - -
Ali Haider SAM
 Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Naz Mansha BRD
 Director/Board Member - -
Ahmed Alman Aslam BRD
 Director/Board Member - -
Mian Umer Mansha BRD
 Director/Board Member - -
Muhammad Ali Zeb BRD
 Director/Board Member - 30/04/13
S. Muhammad Jawed CHM
 Chairman - -
Imran Malik BRD
 Director/Board Member - -
Shahmeer Khalid Butt BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 250,000,000 25,000,000 ( 10.00 %) 0 10.00 %

Shareholders

NameEquities%Valuation
National Investment Trust Ltd.
0.0898 %
224,409 0.0898 % 24 043 ₨
MCB-Arif Habib Savings & Investments Ltd. (Invt Mgmt)
0.0404 %
101,104 0.0404 % 10 832 ₨
ABL Asset Management Co., Ltd.
0.000108 %
270 0.000108 % 29 ₨

Holdings

NameEquities%Valuation
LUCKY CEMENT LIMITED
0.24%
 700,746 0.24% 2,108,972 $

Company contact information

Adamjee Life Assurance Co. Ltd.

Adamjee House I.I. Chundrigar Road

74000, Karachi

+

http://www.adamjeelife.com
address Adamjee Life Assurance Company Limited(ALIFE)

Sector

Financials
Insurance
Insurance
Life & Health Insurance
Life Insurance

Sales per Business

Sector Life Insurance

1st Jan change Capi.
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Life Insurance
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