Century Insurance Company Limited

Your Trust Our

Assurance

Annual Report 2022

Century Insurance at a Glance

  • Century Insurance is a Lakson Group Company.
  • Operating since 1989, dealing in all areas of general insurance and takaful business.
  • One of the premier general insurance companies of Pakistan.
  • Rated "AA" with a stable outlook by VIS Credit Rating Co. Limited, signifying a 'very strong capacity to meet policyholders' and contractual obligations.
  • Total equity in excess of Rs. 2.4 billion.
  • Twice awarded 'Top 25 Companies Award' by the Karachi Stock Exchange.
  • Very strong reinsurance treaty arrangements with highly rated international reinsurers.
  • Broad client base consisting of individuals as well as some of the most prestigious local and multinational companies.

Contents

02 Vision and Mission

  1. Corporate Information
  1. Products and Services
  1. Core Values
  2. Code of Conduct
  1. Notice of Annual General Meeting
  1. Corporate Calendar
  2. Access to Reports and Enquiries
  3. Organisation Chart
  4. Performance Highlights
  5. DuPont Analysis
  6. Horizontal and Vertical Analysis
  1. Share Price & Volume Analysis
  2. Chairman's Review Report
  1. Chairman's Review Report (Urdu)
  2. Directors' Report
  1. Directors' Report (Urdu)
  2. Board Committees
  1. Management Committees

47 Pattern of Shareholding

  1. Key Operating and Financial Data
  1. Statement of Value Addition
  2. Statement of Compliance with the Code of Corporate Governance
  1. Independent Auditor's Review Report on Statement of Compliance contained in Listed Companies (Code of Corporate Governance) Regulations, 2019
  2. Shariah Advisor's Review Report to the Board of Directors
  3. Statement of Compliance with the Shariah Principles
  4. Independent Reasonable Assurance Report on Compliance with the Shariah Principles

Financial Statements

64 Independent Auditor's Report to the Members of Century Insurance Company Limited on the Audit of the Financial Statements

70 Financial Statements

Window Takaful Operations - Financial Statements

126 Independent Auditor's Report to the Members of Century Insurance Company Limited - Window Takaful Operations on the Audit of the Financial Statements

129 Financial Statements Form of Proxy

Ballot Paper for Voting through Post

Century Insurance Company Limited

1

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Century Insurance Company Ltd. published this content on 05 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2023 07:00:03 UTC.