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Reliance Insurance Co Ltd (RELN)

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9.19 +0.19    +2.11%
05:55:45 - Closed. Currency in PKR ( Disclaimer )
Type:  Equity
Market:  Pakistan
ISIN:  PK0027501011 
S/N:  RICL
  • Volume: 2,000
  • Bid/Ask: 8.75 / 9.19
  • Day's Range: 8.71 - 9.19
Reliance Insurance 9.19 +0.19 +2.11%

Reliance Insurance Co Ltd Company Profile

 
Get an in-depth profile of Reliance Insurance Co Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.
IndustryInsurance
SectorFinancials
Employees

183

Equity Type

ORD

Reliance Insurance Company Limited engages in general insurance business in Pakistan. It operates in four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire insurance that covers damages caused by fire, riot and strike damage, flood, electric fluctuation, malicious damage, atmospheric disturbance, earthquake fire and shock, explosion, impact damage, and aircraft damage; and marine import and export cargo, inland transit insurance, and marine hull insurance, as well as coverage against war risk. It also provides motor insurance comprising car coverage and indemnity against third party loss; miscellaneous insurance products, such as workman compensation/employer’s liabilities, money, burglary, fidelity guarantee, household, baggage, third party liability, product liability, and professional indemnity policy, as well as health, in transit, travel, personal accident, and others. In addition, the company offers engineering insurance comprising contractor’s all risk policies, cover, erection all risk, marine-cum-erection, machinery breakdown, loss of profit following machinery breakdown, contractors plant and equipment, boiler and pressure vessel explosion, low voltage/computer, and deterioration of stock insurance. Further, it provides bond guarantee insurance products consisting of bid/tender, mobilization/advance payment, performance, customs and excise, supply, and retention money bonds; and terrorism and aviation insurance products. Additionally, the company provides Shariah compliant general Takaful products, including fire and property, marine cargo, private/commercial vehicle, engineering, terrorism, and miscellaneous and accident Takaful products. Reliance Insurance Company Limited was incorporated in 1981 and is headquartered in Karachi, Pakistan.

Contact Information

Address Reliance Insurance House 181-A, Sindhi Muslim Coop. Housing socie
P .O. Box No. 1335 Karachi, 74400
Pakistan
Phone 92 21 3453 9415
Fax 92 21 3453 9412

Top Executives

Name Age Since Title
Irfan Zakaria Bawany - 1991 Chairman of the Board
Ahmed Ali Mohammad Amin Bawany - 2001 Non-Executive Director
Muhammad Omar A. Bawany - 1995 Non-Executive Director
A. Razak Ahmed - 1995 CEO, MD & Executive Director
Noor Mohammad Zakaria - 2003 Non-Executive Director
Muhammad Patel - 2019 Non-Executive Director
Tasneem Yusuf - 2019 Independent Director
Naeem Ahmed Shafi - 2019 Independent Director
Jahangir Adam - 2019 Independent Director
Zia I. Zakaria - 2020 Non-Executive Director
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