Wednesday 31 July 2013

International Insurance Companies Information

Source(google.com.pk)
International Insurance Companies Information
Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. In the past few years, it has transformed into a developing and fastly growing market that is generally divided into three components: life insurance, general insurance and health insurance. The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry. Out of the 54% that Pakistan's service sector contributes to the national GDP, insurance, along with transport, storage, communications and finance occupy 24% of the sector.

List of notable insurance companies in Pakistan:
Beema-Pakistan Company
EFU Life
NRSP Microfinance Bank
State Life
Universal Insurance company Limited
Adamjee Insurance Company Ltd
Agro General Insurance Company Ltd
Allianz EFU Health Insurance Company Ltd
Alpha Insurance Company Ltd
Amercian Life Insurance Company Ltd
Asia Insurance Company Ltd
Asian Mutual Insurance Company Ltd
Askari General Insurance Company Ltd
Business & Industrial Insurance Company Ltd
Capital Insurance Company Ltd
Central Insurance Company Ltd
Century Insurance Company Ltd
Commercial Union Life Assurance Company
Co-operative Insurance Society of Pakistan Ltd
Credit Insurance Company Ltd
Crescent Star Insurance Company Ltd
Dadabhoy Insurance Company Ltd
Delta Insurance Company Ltd
E.F.U.General Insurance Company Ltd
E.F.U.Life Insurance Company Ltd
East West Insurance Company Ltd
Excel Insurance Company Ltd
Gulf Insurance Company Ltd
Habib Insurance Company Ltd
Indus International Insurance Company Ltd
International General Insurance Co. of Pak
Ittefaq General Insurance Company Ltd
Jupiter Insurance Company Ltd
Metropoliton Life Assurance Company Ltd
Muslim Insurance Company Ltd
National General Insurance Company Ltd
New Jubilee Insurance Comapny Ltd
North Star Insurance Company Ltd
Orient Insurance Company Ltd
Pakistan General Insurance Company Ltd
Pakistan Guarantee Insurance Company Ltd
Pakistan Mutual Insurance Company Ltd
Platinum Insurance Company Ltd
Premier Insurance Company Ltd
Prime Insurance Company Ltd
Raja Insurance Company Ltd
Reliance Insurance Company Ltd
Seafield Insurance Company Ltd
Security General Insurance Company Ltd
Shaheen Insurance Company Ltd
Sliver Star Insurance Company Ltd
Union Insurance Company of Pakistan Ltd
United Insurance Company of Pakistan Ltd
Universal Insurance Company Ltd
ACE Insurance Aid Pacific Ltd
CGU Assurance Company Ltd
New Hampshire Insurance Company Ltd
New Zealand Insurance Company Ltd
Royal & Sun Alliance Assurance plcInsurance in Pakistan is regulated under the Insurance Ordinance, 2000. In the past few years, it has transformed into a developing and fastly growing market that is generally divided into three components: life insurance, general insurance and health insurance. The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry. Out of the 54% that Pakistan's service sector contributes to the national GDP, insurance, along with transport, storage, communications and finance occupy 24% of the sector.

List of notable insurance companies in Pakistan:
Beema-Pakistan Company
EFU Life
NRSP Microfinance Bank
State Life
Universal Insurance company Limited
Adamjee Insurance Company Ltd
Agro General Insurance Company Ltd
Allianz EFU Health Insurance Company Ltd
Alpha Insurance Company Ltd
Amercian Life Insurance Company Ltd
Asia Insurance Company Ltd
Asian Mutual Insurance Company Ltd
Askari General Insurance Company Ltd
Business & Industrial Insurance Company Ltd
Capital Insurance Company Ltd
Central Insurance Company Ltd
Century Insurance Company Ltd
Commercial Union Life Assurance Company
Co-operative Insurance Society of Pakistan Ltd
Credit Insurance Company Ltd
Crescent Star Insurance Company Ltd
Dadabhoy Insurance Company Ltd
Delta Insurance Company Ltd
E.F.U.General Insurance Company Ltd
E.F.U.Life Insurance Company Ltd
East West Insurance Company Ltd
Excel Insurance Company Ltd
Gulf Insurance Company Ltd
Habib Insurance Company Ltd
Indus International Insurance Company Ltd
International General Insurance Co. of Pak
Ittefaq General Insurance Company Ltd
Jupiter Insurance Company Ltd
Metropoliton Life Assurance Company Ltd
Muslim Insurance Company Ltd
National General Insurance Company Ltd
New Jubilee Insurance Comapny Ltd
North Star Insurance Company Ltd
Orient Insurance Company Ltd
Pakistan General Insurance Company Ltd
Pakistan Guarantee Insurance Company Ltd
Pakistan Mutual Insurance Company Ltd
Platinum Insurance Company Ltd
Premier Insurance Company Ltd
Prime Insurance Company Ltd
Raja Insurance Company Ltd
Reliance Insurance Company Ltd
Seafield Insurance Company Ltd
Security General Insurance Company Ltd
Shaheen Insurance Company Ltd
Sliver Star Insurance Company Ltd
Union Insurance Company of Pakistan Ltd
United Insurance Company of Pakistan Ltd
Universal Insurance Company Ltd
ACE Insurance Aid Pacific Ltd
CGU Assurance Company Ltd
New Hampshire Insurance Company Ltd
New Zealand Insurance Company Ltd
Royal & Sun Alliance Assurance plcInsurance in Pakistan is regulated under the Insurance Ordinance, 2000. In the past few years, it has transformed into a developing and fastly growing market that is generally divided into three components: life insurance, general insurance and health insurance. The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry. Out of the 54% that Pakistan's service sector contributes to the national GDP, insurance, along with transport, storage, communications and finance occupy 24% of the sector.

List of notable insurance companies in Pakistan:
Beema-Pakistan Company
EFU Life
NRSP Microfinance Bank
State Life
Universal Insurance company Limited
Adamjee Insurance Company Ltd
Agro General Insurance Company Ltd
Allianz EFU Health Insurance Company Ltd
Alpha Insurance Company Ltd
Amercian Life Insurance Company Ltd
Asia Insurance Company Ltd
Asian Mutual Insurance Company Ltd
Askari General Insurance Company Ltd
Business & Industrial Insurance Company Ltd
Capital Insurance Company Ltd
Central Insurance Company Ltd
Century Insurance Company Ltd
Commercial Union Life Assurance Company
Co-operative Insurance Society of Pakistan Ltd
Credit Insurance Company Ltd
Crescent Star Insurance Company Ltd
Dadabhoy Insurance Company Ltd
Delta Insurance Company Ltd
E.F.U.General Insurance Company Ltd
E.F.U.Life Insurance Company Ltd
East West Insurance Company Ltd
Excel Insurance Company Ltd
Gulf Insurance Company Ltd
Habib Insurance Company Ltd
Indus International Insurance Company Ltd
International General Insurance Co. of Pak
Ittefaq General Insurance Company Ltd
Jupiter Insurance Company Ltd
Metropoliton Life Assurance Company Ltd
Muslim Insurance Company Ltd
National General Insurance Company Ltd
New Jubilee Insurance Comapny Ltd
North Star Insurance Company Ltd
Orient Insurance Company Ltd
Pakistan General Insurance Company Ltd
Pakistan Guarantee Insurance Company Ltd
Pakistan Mutual Insurance Company Ltd
Platinum Insurance Company Ltd
Premier Insurance Company Ltd
Prime Insurance Company Ltd
Raja Insurance Company Ltd
Reliance Insurance Company Ltd
Seafield Insurance Company Ltd
Security General Insurance Company Ltd
Shaheen Insurance Company Ltd
Sliver Star Insurance Company Ltd
Union Insurance Company of Pakistan Ltd
United Insurance Company of Pakistan Ltd
Universal Insurance Company Ltd
ACE Insurance Aid Pacific Ltd
CGU Assurance Company Ltd
New Hampshire Insurance Company Ltd
New Zealand Insurance Company Ltd
Royal & Sun Alliance Assurance plcDavid Dillon, chief executive of the Kroger supermarket chain, told the Financial Times that some companies might opt to pay a government-mandated penalty for not providing insurance because it was cheaper than the cost of coverage.

Nigel Travis, head of Dunkin’ Brands, said his doughnut chain was lobbying to change the definition of “full-time” employees eligible for coverage from those working at least 30 hours a week to 40 hours a week.

Some restaurants, including Wendy’s and Taco Bell franchises, have explored slashing worker hours so fewer employees qualify for health insurance, arguing that they cannot afford the additional healthcare costs. Other businesses are deliberately keeping headcounts below 50.

The penalty for not providing coverage is $2,000 per worker. According to the Kaiser Family Foundation, a non-partisan policy group, the average annual cost to employers of insurance is $4,664 for a single worker and $11,429 for a family.

Companies with more than 50 workers have to pay a penalty if they do not provide full-time employees with health insurance. The employees can instead buy private coverage subsidised by the government on new insurance exchanges.
There are numerous automobile insurance companies that you can warrant your car finished but if you do not get the good viable service then you are trustworthy to present problems at a subsequent date. Your efforts will give best results when you will able to select the best car insurance company that provides combination of most attractive of services and low premium rates. So, come let’s have a look at three tips that will guide in selecting the best car insurance company:

1. Swift approach at mishap occurrence: Service of the car insurance company can be assessed at best if it provides a swift approach gives at the time of occurrence of an accident. These services includes pick up of your vehicle with towing service and providing you substitute transportation facility and then they will shoulder the responsibility

2. Repairing services without any annoyance: most of the car insurance companies ensure their customers not to engage in the hassle of repairing their cars or any vehicles. Insurance company sends their persons to collect the vehicle and take it to the nearest auto repair shop. In addition to this insurance company settle the repairing claims at minimal cost

3. Policies with flexibility: Every insurer comes with the unique requirement of flexibility in insurance policies with automobile insurance companies. So there is motive in operation of insurance companies that they frame the policies with flexibility and elasticity.


Though above only three main topics are raised, there are several others to be looked upon while selecting best car insurance company in online insurance policy search. As you can see, there are quite a few things you possess to take when hunting a high auto insurance evaluate online. If you cover a contract supported only upon damage then you are trusty to lack out on cardinal services that you could screw done with. Therefore, to conclude on the above discussion at one point that

insurance price and the need for insurance service are the main constituents to be considered while selecting the best car insurance company through online mode.
 
 
 



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