5. INTRODUCTION
WHAT IS JUBILEE INSURANCE?
A JUBILEE IS THE BRAND NAME THAT WILL BE USE TO SPECIFY ALL INSURANCE
BUSINESS (LIFE, HEALTH, GENERAL,AND FAMILY) CONDUCTED GLOBALLY BY A
COMMON PARENT GROUP
Currently Jubilee insurance has it’s foot prints in Pakistan ,Kenya ,Uganda and
Mauritius.
Jubilee life insurance is a subsidiary of the AGA KHAN funds for Economic
Development
6. DISCRIBTION
• JUBILEE LIFE INSURANCE CORPORATION LTD
• Was incorporated in Pakistan on June 29;1995 as a public ltd company
• Jubilee life insurance was incorporated under the companies ordinance 1984
• The company started it’s business on June 20.1996
•Governance
• Jubilee life insurance was registered and supervised by the SECURITY AND EXCHANGE COMMISSION OF
PAKISTAN
• In line with the code of corporate Governance for insurance companies, Jubilee life has establish Board level
committees for various key function.
7. CONTINUE……………..
In addition to external auditors the companies has a fully functional
internal Audit Department by a qualified chartered Accountants
AA + Rating
Jubilee life; First private life insurance company to be assigned IFS
Rating of AA+ Monday ,May 11,2015
Jubilee life insurance company become the first life insurance
company in private sector to be assigned the insurer financial
strength (IFS) fating of AA+. Out look on the assigned rating a status.