Century Insurance : CORPORATE BRIEFING SESSION CENTURY INSURANCE COMPANY LIMITED

CORPORATE BRIEFING SESSION

16th May 2023

Century Insurance - Corporate Briefing Session

1

Company Profile

Century Insurance - Corporate Briefing Session

2

Company Profile

Background:

• Incorporated in 1985; a Lakson Group company.
• Listed on the Pakistan Stock Exchange. Stock symbol is CENI
• Engages in General Insurance and Takaful business.
• Registered office is situated at Lakson Square Building No. 2, Sarwar Shaheed Road, Karachi.

Credit Rating:

• VIS credit rating agency has harmonized the IFS credit rating of Century Insurance at 'AA(IFS)' (Double A IFS). The rating denotes very strong capacity to meet policy holders' and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small.

Common Insurance Products:	•	Business Interruption Insurance
•	Property Insurance	•	Crop and Livestock Insurance
•	Marine Insurance	•	Travel Insurance
•	Motor Insurance	•	Cash on Premises and in transit Insurance
•	Health & Accident Insurance	•	Liability Insurances
•	Engineering Insurance	•	Employee Infidelity Insurance
•	Machinery Breakdown Insurance	•	Directors' and Officers' Liability Insurance

Century Insurance - Corporate Briefing Session

3

Company Profile

Re-insurance Partners:

• SCOR Re - Rated A+ by S & P
• Korean Re - Rated A by A.M. Best
• Munich Re Syndicate (Watkins ) - Rated AA- by S & P
• Labuan Re - Rated A- by A.M. Best
• Peak Re - Rated A- by A.M. Best
• Pakistan Reinsurance Co. Ltd. - Rated AA+ by VIS

Branch Network:

• Karachi
• Lahore
• Islamabad
• Faisalabad
• Sialkot
• Gujranwala
• Multan

Re-takaful Partners:

• Labuan Re - Rated A- by A.M. Best
• Tunis Re - Rated AA by Fitch
• Kenya Re - Rated B by A.M. Best
• Pakistan Reinsurance Co. Ltd. - Rated AA+ by VIS

Century Insurance - Corporate Briefing Session

4

LAKSON GROUP

Century Insurance - Corporate Briefing Session

5