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UIG Group’s Audit Committee
Audit Committee formed by the board of UIG group as on July 3, 2013 and Mr. Naeem Tariq elected as a Chairman of Audit Committee.
Mian Shahid elected Chairman Pakistan’s Apna Microfinance Bank
Reposes full confidence in Pakistan’s economy, policies UIG will continue to play role in national development Vows to attract foreign investment, boost employment. The Board of Directors (BoD) of Apna Micro Finance Bank has elected Mian M. A. Shahid as Chairman of...
Chairman’s New Year Message
The year 2012 has flown but marked stars on UIG history. The year 2012 was full of various challenges, strong competition and burdened global economy markets. UIG Companies faced these challenges with passion and hard work out. The mother Company of UIG the United...
Window Takaful
KARACHI – Window Takaful will take a Positive Change in the World of Insurance. Chairman of United International Group of Companies Mian MA Shahid has said, "The Window Takaful" will prove a breath of fresh air in the world of insurance and hoped insurance companies...
PACRA maintains IFS rating of UIC
Islamabad—The Pakistan Credit Rating Agency (PACRA) has maintained the IFS rating of The United Insurance Company of Pakistan Limited (UIC) at “A” (Single A). The rating denotes strong capacity to meet policyholder and contract obligations. Risk factors are moderate,...
Insurance Can Be Used As A Good Social Welfare Tool in Pakistan: Chairman UIG Mian Shahid
Ethical practices by insurance companies, agents stressed Dishonesty harmful for personal life, fatal in business Chairman of the United International Group (UIG) Mian Shahid has said that insurance is a good social welfare tool that can have a positive impact on...
Insurance industry should introduce women-specific products
ISLAMABAD: Trend of insuring male members of the family should be changed as putting homemakers and women entrepreneurs to risks amounts to discrimination. Like many other sectors, insurance industry in Pakistan is excessively focused on males while women are ignored...
Insurance penetration into Pakistan lowest
ISLAMABAD - Currently, the insurance penetration into the country is only 0.7 per cent of the GDP, which is one of the lowest in the world while the insurance density is also a mere $6.5 per capita. Mian Shahid, CEO Saudi Pak Insurance Company, stated this in an...
Agriculture Insurance can address problem of Food Insecurity
A sound insurance system can strengthen the agriculture sector of country and address the menace of food insecurity in Pakistan, an expert said. Government as well as private sector should take steps to provide protection to life, health and assets of rural people,...
Insurance System can boost Agri Sector
A sound insurance system can strengthen the agriculture sector of country and address the menace of food insecurity in Pakistan, an expert said. Government as well as private sector should take steps to provide protection to life, health and assets of rural people,...