Jubilee Life Insurance Co. Ltd., Islamabad, Pakistan

Industry: Insurance
Business Entity: Public Limited Company (Listed)
Location: Islamabad, Islamabad capital territory, Pakistan
Established In: Jun 1995
No. of Employees: 1000
  • About Jubilee Life Insurance Co. Ltd.

    Jubilee Life Insurance Company Limited (the Company) was incorporated in Pakistan on June 29, 1995 as a Public Limited Company under the Companies Ordinance, 1984. Its shares are quoted on the Pakistan Stock Exchange Limited. The Company started its business on June 20, 1996. The addresses of its Registered and Principal office are 26-D, 3rd floor, Kashmir Plaza, Jinnah Avenue, Blue Area, Islamabad and Jubilee Life Insurance Building, 74/1-A, Lalazar, M. T. Khan Road, Karachi respectively.

    The Company is engaged in life insurance, carrying on non-participating business. In accordance with the requirements of the Insurance Ordinance, 2000, the Company has established a Shareholders’ fund and following statutory funds in respect of each class of its life insurance business:

    Individual Life Unit Linked

    Conventional Business

    Accident and Health

    Overseas Group Life and Health Business

    Window Takaful Operations

    Jubilee Life has been assigned Insurer Financial Strength (IFS) rating of AA+ (Double A Plus) with ‘Stable’ outlook by JCR-VIS Credit Rating Co. Ltd. The Company is a subsidiary of Aga Khan Fund for Economic Development S.A. Switzerland.

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