Crescent Star Insurance : Transmission of Quarterly Report for the Period Ended September 30, 2022
October 24, 2022 at 10:50 am
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Quarterly Report September 30, 2022 (Un-Audited)
Crescent Star Insurance Ltd.
ESTD: 1957
NATION WIDE BRANCH NETWORK
MOTOR
HEALTH
FIRE
MARINE
ENGG
TRAVEL
LIVESTOCK
CROP
CONTENTS
Vision / Mission Statements
Company Information
Directors' Report to the Members on Unconsolidated Financial Statements Directors' Report to the Members on Unconsolidated Financial Statements (Urdu) Unconsolidated Financial Statements
Directors' Report to the Members on Consolidated Financial Statements Directors' Report to the Members on Consolidated Financial Statements (Urdu) Consolidated Financial Statements
Branch Network
Company Vision
To serve with excellence.
Excellence achieved through our corporate mission.
The brand name of CSI with a vision to expand with prudent approach and provide the Insurance Service to Pakistan Industry on sound footing.
Company Mission
First and foremost to secure the interest of our policy holders by adopting proper risk management techniques, prudent financial planning and maintaining reinsurance arrangements with world-class reinsurers.
To ensure profitability to our reinsurers who afford us underwriting capacity.
To recognize human resources as the key element in progress and to provide our officers and field force due recompense for their efforts in building up the company.
To generate operational profits and dividend return for our shareholders of the Company.
Values
Integrity
Transparency
Passion
Team Work
Corporate Social Responsibility
Company Information
Board of Directors
Mr. Naim Anwar (Chief Executive Officer)
Mr. Tanveer Ahmed
Mr. Suhail Elahi
Mr. Shaikh Waqar Ahmed
Mr. Rashid Malik
Ms. Naveeda Mahmud
Ms. Huma Javaid
Ms. Rabia Omar Hassan
Chief Executive Officer
Mr. Naim Anwar
Management
Mr. Naim Anwar (Chief Executive Officer)
Mr. Tanveer Ahmed (Resident Director)
Mr. Suhail Elahi (Resident Director)
Mr. Malik Mehdi Muhammad (CFO & Company Secretary)
Syed Danish Hasan Rizvi (Head of Internal Audit)
Board Audit Committee
Mr. Shaikh Waqar Ahmed (Chairman)
Ms. Naveeda Mahmud
Ms. Huma Javaid
Board H.R & Remuneration Committee
Ms. Huma Javaid (Chairman)
Mr. Naim Anwar
Mr. Shaikh Waqar Ahmed
Board Investment Committee
Mr. Naim Anwar (Chairman)
Mr. Shaikh Waqar Ahmed
Ms. Huma Javaid
Chief Financial Officer & Company Secretary
Mr. Malik Mehdi Muhammad
Auditors
Crowe Hussain Chaudhury & Co.
Chartered Accountants
Legal Advisor
Ms. Huma Naz, Soomro Law Associates
Bankers
Habib Bank Limited
Faysal Bank Limited
Share Registrar
F. D. Registrar (SMC-Pvt.) Limited
Office No. 1705, 17th Floor, Saima Trade Tower - A
I. I. Chundrighar Road, Karachi
Tel #: 35478192-93 / 32271906 Fax #: 32621233
Registered & Head Officer
2nd Floor, Nadir House
I. I. Chundrigar Road
P.O. BOX No. 4616, Karachi
UNCONSOLIDATED
Financial Statements
for the Period Ended
September 30, 2022
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Crescent Star Insurance Ltd. published this content on 24 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2022 09:49:05 UTC.
Crescent Star Insurance Limited is engaged in non-life general insurance services in the spheres of fire and property damage, marine, aviation and transport, motor, credit and suretyship, accident and health and miscellaneous insurance. The Company operates in six segments: Fire and property damage; Marine, aviation and transport; Motor; Accident & health; Credit and suretyship and Miscellaneous. Its fire and property insurance includes coverage of property against fire, lightning, explosion (due to domestic boiler only). Additionally, it also covers the cost of replacement, reconstruction, or repair. Its marine insurance covers goods in transit for both Import and Export and the mode of conveyance on waterways, air, and land routes. Marine cargo insurance is divided into three segments: import, export, and inland transit. Its engineering insurance includes contractorâs plant and machinery insurance, boiler and pressure vessel insurance and electronic equipment insurance.