National College of Business Administration & Economics (NCBA&E) has signed MOU with United Software & Technologies International (Pvt) Ltd (USTI) and United Tracking system PVT LTD.

National College of Business Administration & Economics (NCBA&E) has signed MOU with United Software & Technologies International (Pvt) Ltd (USTI) and United Tracking system PVT LTD.

We are pleased to share that United Software & Technologies International (Pvt.) Ltd (USTI) has recently signed MOU with National College of Business Administration & Economics (NCBA&E). Dr. Muhammad Saleem khan Rector, NCBA&E and Mr. Munir Ahmad, Executive Director, USTI signed the MOU on February 16th, 2021.

NCBA&E will support staff members of USTI to help improve academic qualifications by offering 20% concession on total fee package and will arrange Guest Speaker session at USTI premises. NCBA&E will also offer Degree verification facility, free of cost.

PACRA Upgrades IFS Rating of The United Insurance Company of Pakistan Limited

The Pakistan Credit Rating Agency (PACRA) has upgraded the IFS rating of the United Insurance Company (UIC) to AA with stable outlook.

The UIC with over 110 branches, is the fourth largest player in the insurance industry which has shown stability and sustainability from the past couple of years, a statement issued by PACRA said.

PACRA said that the UIC has balanced portfolio representing all the segments of the insurance industry, its crop segment is three-quarters of a billion while Takaful business is above Rs1 billion.

The company ranks higher than the peer companies in terms of profitability which has added to its equity base.

The company has a strong reinsurance panel and all the reinsurance entities are in the A category while one of its associates APNA Bank has seen a significant turnaround.

The management has planned another right issue for the APNA Bank which will further augment its position.

Speaking at the occasion, Mian Shahid Chairman United International Group said that service, transparency, and controlled environment are the hallmarks of our institution.

We have bridged gaps in the operating framework and other critical areas which has improved our liquidity and market position.

Insurance industry provides financial support and reduces uncertainties in the business which supports the entrepreneurs, he added.

Mian Shahid said that insurance provides cover against any sudden loss, therefore, it is considered a vital part of the economy.

View PACRA Press Release of dated 27.3.2019

Supreme Court Diamer Bhasha & Mohamand Dam Fund

Apna Microfinance Bank Ltd. is taking active part in funds collection scheme of Pakistan Government for construction of Diamer Basha and Mohmand Dam Fund in the Country.

UIC maintains ‘AA-‘ rating

The Pakistan Credit Rating Agency (PACRA) has expressed its satisfaction over the performance of United Insurance Company of Pakistan Limited (UIC). The UIC has successfully maintained “AA-” (Double A Minus) rating and it has introduced Claim Tracking System to provide better services to its policyholders. The rating denotes very strong capacity to meet policyholder and contract obligations, the PACRA statement said, according to a press release issued here on Thursday.

Sad demise of Chaudhry Muhammad Rasheed father of Mian M. A. Shahid, Group Chairman United International Group

Sept. 12, 2017

(إِنَّا للهِ وَإِنَّـا إِلَيْهِ رَاجِعونَ‎)

With profound grief we regret to inform that Father of Mian M. A. Shahid (Group Chairman of United International Group) passed away. May Allah rest his soul in peace and give the bereaved family courage to bear this irreparable loss. (Ameen!)

Namaz-e-Jinaza will be offered today at 07:00 PM at :
NOORPUR QABERSTAN,
FAISALABAD.
(NEAR LASANI PULI, SARGODHA ROAD).

Mian M. A. Shahid, UIG Group Chairman expressing his views about Pakistan Travel Mart

Mian M. A. Shahid, UIG Group Chairman expressing his views about Pakistan Travel Mart, appreciated the efforts of PTM Team and also elaborated how this event will be beneficial in changing the Travel and Tourism Trends in Pakistan!