JGICL fundamentals

Jubilee General Insurance Co. Ltd. engages in the provision of insurance services. It operates through the following segments: Fire and Property Damage; Accident and Health; Motor; Marine, Aviation, and Transport; and Miscellaneous. The Fire and Property Damage segment includes the compensation of customers for damage suffered to their properties or for the value of property lost. The Motor segment, and Accident and Health segments offers protection against losses incurred as a result of theft, traffic accidents and against third party liability that could be incurred in an accident. The Marine, Aviation, and Transport segment covers the loss or damage of vessels, cargo, terminals, and any transport or property by which cargo is transferred, acquired, or held between the points of origin and final destination. The Miscellaneous segment refers to the engineering, bonds, terrism, banker, blanket bond, and travel business lines. The company was founded on May 16, 1953 and is headquartered in Karachi, Pakistan.