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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
American Life Insurance Co.
Main Activities: Insurance Carriers and Related Activities
Secondary Activities: Insurance Carriers
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Company Information |
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Full name American Life Insurance Company (Pak) Ltd (American Life Insurance Company (Pak) Ltd) Headquarters 13th Floor Dolmen Executive Tower , Block 4,Clifton, Karachi 75600. Pakistan; Karachi; Sindh |
Status: Listed Legal Form: General Partnership Operational Status: Operational Financial Auditors: KPMG (2009) Tel: +9221 4312068-79 |
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Company Description |
| ALICO first started its operation in Pakistan in1952 and continued until 1972, when the life insurance industry was nationalised. By that time, the ALICO had issued 72,000 policies and had invested more than USD 36 million in the country’s economy. After denationalisation, ALICO became the first foreign life insurer that had been granted a license in 1994 to operate in Pakistan. It commenced the operations on May 25, 1995 with a paid up capital of PKR 130 million. Today it is the largest capitalized | ||
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