Pakistan
About Pakistan Reinsurance Company Limited
Pakistan Reinsurance Company Limited specializes in providing reinsurance and related insurance services across Pakistan. Established in 1952 and headquartered in Karachi, the company was formerly known as Pakistan Insurance Corporation before rebranding in 2000.
Business Segments
- Fire – Covers buildings, contents, stocks, machinery, and other insurable interests.
- Marine Cargo & Hull – Provides protection for marine-related risks.
- Accident & Others – Includes motor, workers' compensation, burglary, liability, and health insurance.
- Aviation – Offers coverage for hull, spares, liabilities, cargo, and terrorism-related risks.
- Engineering – Covers property damage, machinery breakdown, and contractor risks.
- Treaty – Provides reinsurance protection to local insurers.
Key Products & Services
- Fire Reinsurance: Buildings, contents, stocks, and machinery coverage.
- Marine Reinsurance: Cargo and hull protection.
- Accident Reinsurance: Motor, health, liability, and personal accident policies.
- Aviation Reinsurance: Hull, spares, war risks, and passenger accident coverage.
- Engineering Reinsurance: Contractor risks, machinery breakdown, and third-party liability.
- Public Sector Risk Services: Specialized coverage for oil refineries, power projects, and nuclear facilities.
The company plays a vital role in supporting Pakistan's insurance industry by offering reinsurance protection to local insurers.