Table of Contents 1 Key Facts and Events 2 Executive Summary 3 Introduction 3.1 What is this Report About? 3.2 Definitions 3.3 Methodology 4 Pakistani Insurance Industry Attractiveness 4.1 Insurance Industry Size, 2009-2018 5 Non-Life Insurance Outlook 5.1 Key Drivers 5.2 Key Trends 5.3 Challenges 5.4 Non-Life Insurance Growth Prospects by Category 5.5 Property Insurance 5.5.1 Fire and allied perils insurance 5.5.2 Engineering insurance 5.5.3 Agriculture insurance 5.5.4 Other property insurance 5.6 Motor Insurance 5.6.1 Motor hull insurance 5.6.2 Motor third-party insurance 5.7 Liability Insurance 5.7.1 Liability insurance 5.8 Marine, Aviation and Transit Insurance 5.8.1 Transit insurance 6 Analysis by Distribution Channel 6.1 Direct Marketing 6.2 Bancassurance 6.3 Agencies 6.4 E-Commerce 6.5 Brokers 6.6 Other Channels 7 Governance, Risk and Compliance 7.1 Legislation Overview and Historical Evolution 7.2 Legislation and Market Practice by Type of Insurance 7.2.1 Life insurance 7.2.2 Property insurance 7.2.3 Motor insurance 7.2.4 Liability insurance 7.2.5 Marine, aviation and transit insurance 7.2.6 Personal accident and health insurance 7.3 Compulsory Insurance 7.3.1 Motor third-party liability insurance 7.3.2 Workmen's compensation insurance 7.4 Supervision and Control 7.4.1 International Association of Insurance Supervisors (IAIS) 7.4.2 Securities and Exchange Commission of Pakistan 7.4.3 Insurance Association of Pakistan (IAP) 7.5 Non-Admitted Insurance Regulations 7.5.1 Overview 7.5.2 Intermediaries 7.5.3 Market practices 7.5.4 Fines and penalties 7.6 Company Registration and Operations 7.6.1 Types of insurance organization 7.6.2 Establishing a local company 7.6.3 Foreign ownership 7.6.4 Types of license 7.6.5 Capital requirements 7.6.6 Solvency margins 7.6.7 Reserve requirements 7.6.8 Investment regulations 7.6.9 Statutory return requirements 7.6.10 Fee structure 7.7 Taxation 7.7.1 Insurance premium or policy taxation 7.7.2 Withholding taxes on premium paid overseas 7.7.3 Corporate tax 7.7.4 VAT 7.7.5 Captives 7.8 Legal System 7.8.1 Introduction 7.8.2 Access to court 7.8.3 Alternative dispute resolution (ADR) 8 Competitive Landscape and Strategic Insights 8.1 Overview 8.2 Leading Companies in the Non-Life Segment 8.3 Leading Non-Life Insurers - New Product Launches, Key Developments and Product Portfolio 8.4 EFU General Insurance Ltd - Company Overview 8.4.1 EFU General Insurance Ltd - key facts 8.4.2 EFU General Insurance Ltd - key financials 8.5 Adamjee Insurance Company Ltd - Company Overview 8.5.1 Adamjee Insurance Company Ltd - key facts 8.5.2 Adamjee Insurance Company Ltd - key financials 8.6 Jubilee General Insurance Company Ltd - Company Overview 8.6.1 Jubilee General Insurance Company Ltd - key facts 8.6.2 Jubilee General Insurance Company Ltd - key financials 8.7 IGI Insurance Ltd - Company Overview 8.7.1 IGI Insurance Ltd - key facts 8.7.2 lGI Insurance Ltd - key financials 8.8 Security General Insurance Company Ltd - Company Overview 8.8.1 Security General Insurance Company Ltd - key facts 8.8.2 Security General Insurance Company Ltd - key financials 8.9 The United Insurance Company of Pakistan Ltd - Company Overview 8.9.1 The United Insurance Company of Pakistan Ltd - key facts 8.9.2 The United Insurance Company of Pakistan Ltd - key financials 8.10 New Hampshire Insurance Company - Company Overview 8.10.1 New Hampshire Insurance Company - key facts 8.10.2 New Hampshire Insurance Company - key financials 8.11 Askari General Insurance Company Ltd - Company Overview 8.11.1 Askari General Insurance Company Ltd - key facts 8.11.2 Askari General Insurance Company Ltd - key financials 8.12 Atlas Insurance Ltd - Company Overview 8.12.1 Atlas Insurance Ltd - key facts 8.12.2 Atlas Insurance Ltd - key financials 8.13 Premier Insurance Ltd - Company Overview 8.13.1 Premier Insurance Ltd - key facts 8.13.2 Premier Insurance Ltd - key financials 9 Appendix - 1 9.1 Economic Performance 9.1.1 GDP at constant prices (US$) 9.1.2 GDP per capita at constant prices (US$) 9.1.3 GDP at current prices (US$) 9.1.4 GDP per capita at current prices (US$) 9.1.5 GDP by key sector 9.1.6 Agriculture, hunting, forestry and fishing net output at current prices (US$) 9.1.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP 9.1.8 Manufacturing net output at current prices (US$) 9.1.9 Manufacturing net output at current prices as a percentage of GDP 9.1.10 Mining, manufacturing and utilities at current prices (US$) 9.1.11 Mining, manufacturing and utilities at current prices, as percentage of GDP 9.1.12 Construction net output at current prices, (US$) 9.1.13 Construction net output at current prices as a percentage of GDP 9.1.14 Inflation rate 9.1.15 Exports as a percentage of GDP 9.1.16 Imports as a percentage of GDP 9.1.17 Annual average exchange rate PKR-US$ 9.2 Infrastructure 9.2.1 Commercial vehicle exports - total value 9.2.2 Commercial vehicle imports - total value 9.2.3 Automotive exports - total value 9.2.4 Automotive imports - total value 9.2.5 Total internet subscribers 9.3 Labor Force 9.3.1 Labor force 9.3.2 Unemployment rate 9.4 Demographics 9.4.1 Household consumption expenditure (US$) 9.4.2 Total population 9.4.3 Urban and rural populations 9.4.4 Age distribution of the total population 10 Appendix - 2 10.1 Methodology 10.2 Contact Timetric 10.3 About Timetric 10.4 Timetric's Services 10.5 Disclaimer List of Tables
Table 1: Pakistani Non-Life Insurance – Key Facts, 2013 Table 2: Insurance Industry Definitions Table 3: Pakistani Insurance Industry – Gross Written Premium by Segment (PKR Billion), 2009–2013 Table 4: Pakistani Insurance Industry – Gross Written Premium by Segment (US$ Billion), 2009–2013 Table 5: Pakistani Insurance Industry – Gross Written Premium by Segment (PKR Billion), 2013–2018 Table 6: Pakistani Insurance Industry – Gross Written Premium by Segment (US$ Billion), 2013–2018 Table 7: Pakistani Insurance Industry – Gross Written Premium by Segment (Percentage Share), 2009–2018 Table 8: Pakistani Insurance Industry – Direct Written Premium by Segment (PKR Billion), 2009–2013 Table 9: Pakistani Insurance Industry – Direct Written Premium by Segment (US$ Billion), 2009–2013 Table 10: Pakistani Insurance Industry – Direct Written Premium by Segment (PKR Billion), 2013–2018 Table 11: Pakistani Insurance Industry – Direct Written Premium by Segment (US$ Billion), 2013–2018 Table 12: Pakistani Insurance Industry – Direct Written Premium by Segment (Percentage Share), 2009–2018 Table 13: Pakistani Non-Life Insurance – Gross Written Premium by Category (PKR Billion), 2009–2013 Table 14: Pakistani Non-Life Insurance – Gross Written Premium by Category (US$ Million), 2009–2013 Table 15: Pakistani Non-Life Insurance – Gross Written Premium by Category (PKR Billion), 2013–2018 Table 16: Pakistani Non-Life Insurance – Gross Written Premium by Category (US$ Million), 2013–2018 Table 17: Pakistani Non-Life Insurance – Direct Written Premium by Category (PKR Billion), 2009–2013 Table 18: Pakistani Non-Life Insurance – Direct Written Premium by Category (US$ Million), 2009–2013 Table 19: Pakistani Non-Life Insurance – Direct Written Premium by Category (PKR Billion), 2013–2018 Table 20: Pakistani Non-Life Insurance – Direct Written Premium by Category (US$ Million), 2013–2018 Table 21: Pakistani Non-Life Insurance – Earned Premium (PKR Billion), 2009–2013 Table 22: Pakistani Non-Life Insurance – Earned Premium (PKR Billion), 2013–2018 Table 23: Pakistani Non-Life Insurance – Paid Claims by Category (PKR Billion), 2009–2013 Table 24: Pakistani Non-Life Insurance – Paid Claims by Category (US$ Million), 2009–2013 Table 25: Pakistani Non-Life Insurance – Paid Claims by Category (PKR Billion), 2013–2018 Table 26: Pakistani Non-Life Insurance – Paid Claims by Category (US$ Million), 2013–2018 Table 27: Pakistani Non-Life Insurance – Incurred Loss by Category (PKR Billion), 2009–2013 Table 28: Pakistani Non-Life Insurance – Incurred Loss by Category (US$ Million), 2009–2013 Table 29: Pakistani Non-Life Insurance – Incurred Loss by Category (PKR Billion), 2013–2018 Table 30: Pakistani Non-Life Insurance – Incurred Loss by Category (US$ Million), 2013–2018 Table 31: Pakistani Non-Life Insurance – Retentions by Category (PKR Billion), 2009–2013 Table 32: Pakistani Non-Life Insurance – Retentions by Category (US$ Million), 2009–2013 Table 33: Pakistani Non-Life Insurance – Retentions by Category (PKR Billion), 2013–2018 Table 34: Pakistani Non-Life Insurance – Retentions by Category (US$ Million), 2013–2018 Table 35: Pakistani Non-Life Insurance – Loss Ratio (%), 2009–2013 Table 36: Pakistani Non-Life Insurance – Loss Ratio (%), 2013–2018 Table 37: Pakistani Non-Life Insurance – Commissions and Expenses (PKR Billion), 2009–2013 Table 38: Pakistani Non-Life Insurance – Commissions and Expenses (PKR Billion), 2013–2018 Table 39: Pakistani Non-Life Insurance – Combined Ratio (%), 2009–2013 Table 40: Pakistani Non-Life Insurance – Combined Ratio (%), 2013–2018 Table 41: Pakistani Non-Life Insurance – Fraud and Crime (PKR Billion), 2009–2013 Table 42: Pakistani Non-Life Insurance – Fraud and Crime (PKR Billion), 2013–2018 Table 43: Pakistani Non-Life Insurance – Total Assets (PKR Billion), 2009–2013 Table 44: Pakistani Non-Life Insurance – Total Assets (PKR Billion), 2013–2018 Table 45: Pakistani Non-Life Insurance – Total Investment Income (PKR Billion), 2009–2013 Table 46: Pakistani Non-Life Insurance – Total Investment Income (PKR Billion), 2013–2018 Table 47: Pakistani Non-Life Insurance – Retentions (PKR Billion), 2009–2013 Table 48: Pakistani Non-Life Insurance – Retentions (PKR Billion), 2013–2018 Table 49: Pakistani Property Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 50: Pakistani Property Insurance – Gross Written Premium by Sub-Category (US$ Billion), 2009–2013 Table 51: Pakistani Property Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 52: Pakistani Property Insurance – Gross Written Premium by Sub-Category(US$ Billion), 2013–2018 Table 53: Pakistani Property Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 54: Pakistani Property Insurance – Direct Written Premium by Sub-Category (US$ Billion), 2009–2013 Table 55: Pakistani Property Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 56: Pakistani Property Insurance – Direct Written Premium by Sub-Category (US$ Billion), 2013–2018 Table 57: Pakistani Property Insurance – Loss Ratio (%), 2009–2013 Table 58: Pakistani Property Insurance – Loss Ratio (%), 2013–2018 Table 59: Pakistani Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 60: Pakistani Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 61: Pakistani Fire and Allied Perils Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 62: Pakistani Fire and Allied Perils Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 63: Pakistani Engineering Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 64: Pakistani Engineering Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 65: Pakistani Engineering Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 66: Pakistani Engineering Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 67: Pakistani Agriculture Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 68: Pakistani Agriculture Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 69: Pakistani Agriculture Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 70: Pakistani Agriculture Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 71: Pakistani Other Property Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 72: Pakistani Other Property Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 73: Pakistani Other Property Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 74: Pakistani Other Property Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 75: Pakistani Motor Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 76: Pakistani Motor Insurance – Gross Written Premium by Sub-Category (US$ Billion), 2009–2013 Table 77: Pakistani Motor Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 78: Pakistani Motor Insurance – Gross Written Premium by Sub-Category (US$ Billion), 2013–2018 Table 79: Pakistani Motor Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 80: Pakistani Motor Insurance – Direct Written Premium by Sub-Category (US$ Billion), 2009–2013 Table 81: Pakistani Motor Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 82: Pakistani Motor Insurance – Direct Written Premium by Sub-Category (US$ Billion), 2013–2018 Table 83: Pakistani Motor Insurance – Loss Ratio (%), 2009–2013 Table 84: Pakistani Motor Insurance – Loss Ratio (%), 2013–2018 Table 85: Pakistani Motor Hull Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 86: Pakistani Motor Hull Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 87: Pakistani Motor Hull Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 88: Pakistani Motor Hull Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 89: Pakistani Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 90: Pakistani Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 91: Pakistani Motor Third-Party Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 92: Pakistani Motor Third-Party Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 93: Pakistani Liability Insurance – Loss Ratio (%), 2009–2013 Table 94: Pakistani Liability Insurance – Loss Ratio (%), 2013–2018 Table 95: Pakistani Liability Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 96: Pakistani Liability Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 97: Pakistani Liability Insurance – Written Premium (PKR Billion), 2009–2013 Table 98: Pakistani Liability Insurance – Written Premium (PKR Billion), 2013–2018 Table 99: Pakistani Marine, Aviation and Transit Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 100: Pakistani Marine, Aviation and Transit Insurance – Gross Written Premium by Sub-Category (US$ Million), 2009–2013 Table 101: Pakistani Marine, Aviation and Transit Insurance – Gross Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 102: Pakistani Marine, Aviation and Transit Insurance – Gross Written Premium by Sub-Category (US$ Million), 2013–2018 Table 103: Pakistani Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2009–2013 Table 104: Pakistani Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (US$ Million), 2009–2013 Table 105: Pakistani Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (PKR Billion), 2013–2018 Table 106: Pakistani Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (US$ Million), 2013–2018 Table 107: Pakistani Marine Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 108: Pakistani Marine Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 109: Pakistani Marine Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 110: Pakistani Marine Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 111: Pakistani Aviation Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 112: Pakistani Aviation Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 113: Pakistani Aviation Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 114: Pakistani Aviation Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 115: Pakistani Marine, Aviation and Transit Insurance – Loss Ratio (%), 2009–2013 Table 116: Pakistani Marine, Aviation and Transit Insurance – Loss Ratio (%), 2013–2018 Table 117: Pakistani Transit Insurance – Number of Policies Sold (Thousand), 2009–2013 Table 118: Pakistani Transit Insurance – Number of Policies Sold (Thousand), 2013–2018 Table 119: Pakistani Transit Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 120: Pakistani Transit Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 121: Pakistani Non-Life Insurance – Direct Marketing Commission Paid (PKR Billion), 2009–2013 Table 122: Pakistani Non-Life Insurance – Direct Marketing Commission Paid (PKR Billion), 2013–2018 Table 123: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 124: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 125: Pakistani Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2009–2013 Table 126: Pakistani Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2013–2018 Table 127: Pakistani Non-Life Insurance – Number of Direct Marketing Distributors, 2009–2013 Table 128: Pakistani Non-Life Insurance – Number of Direct Marketing Distributors, 2013–2018 Table 129: Pakistani Non-Life Insurance – Bancassurance Commission Paid (PKR Billion), 2009–2013 Table 130: Pakistani Non-Life Insurance – Bancassurance Commission Paid (PKR Billion), 2013–2018 Table 131: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 132: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 133: Pakistani Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2009–2013 Table 134: Pakistani Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2013–2018 Table 135: Pakistani Non-Life Insurance – Number of Bancassurance Distributors, 2009–2013 Table 136: Pakistani Non-Life Insurance – Number of Bancassurance Distributors, 2013–2018 Table 137: Pakistani Non-Life Insurance – Commission Paid to Agencies (PKR Billion), 2009–2013 Table 138: Pakistani Non-Life Insurance – Commission Paid to Agencies (PKR Billion), 2013–2018 Table 139: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 140: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 141: Pakistani Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2009–2013 Table 142: Pakistani Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2013–2018 Table 143: Pakistani Non-Life Insurance – Number of Agencies, 2009–2013 Table 144: Pakistani Non-Life Insurance – Number of Agencies, 2013–2018 Table 145: Pakistani Non-Life Insurance – E-Commerce Commission Paid (PKR Million), 2009–2013 Table 146: Pakistani Non-Life Insurance – E-Commerce Commission Paid(PKR Million), 2013–2018 Table 147: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 148: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 149: Pakistani Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2009–2013 Table 150: Pakistani Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2013–2018 Table 151: Pakistani Non-Life Insurance – Number of E-Commerce Distributors, 2009–2013 Table 152: Pakistani Non-Life Insurance – Number of E-Commerce Distributors, 2013–2018 Table 153: Pakistani Non-Life Insurance – Commission Paid to Brokers(PKR Million), 2009–2013 Table 154: Pakistani Non-Life Insurance – Commission Paid to Brokers(PKR Million), 2013–2018 Table 155: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 156: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 157: Pakistani Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2009–2013 Table 158: Pakistani Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2013–2018 Table 159: Pakistani Non-Life Insurance – Number of Brokers, 2009–2013 Table 160: Pakistani Non-Life Insurance – Number of Brokers, 2013–2018 Table 161: Pakistani Non-Life Insurance – Commission Paid to Other Channels (PKR Million), 2009–2013 Table 162: Pakistani Non-Life Insurance – Commission Paid to Other Channels (PKR Million), 2013–2018 Table 163: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2009–2013 Table 164: Pakistani Non-Life Insurance – Gross Written Premium (PKR Billion), 2013–2018 Table 165: Pakistani Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2009–2013 Table 166: Pakistani Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2013–2018 Table 167: Pakistani Non-Life Insurance – Number of Distributors in Other Channels, 2009–2013 Table 168: Pakistani Non-Life Insurance – Number of Distributors in Other Channels, 2013–2018 Table 169: Pakistan – Life Insurance Regulatory Framework Table 170: Pakistan – Property Insurance Regulatory Framework Table 171: Pakistan – Motor Insurance Regulatory Framework Table 172: Pakistan – Liability Insurance Regulatory Framework Table 173: Pakistan – Corporate Tax Rates for the Financial Year 2014 Table 174: Shares of Key Insurers in the Non-life Segment (%), 2013 Table 175: EFU General Insurance Ltd, Key Facts Table 176: EFU General Insurance Ltd, Key Financials (PKR Million), 2009–2013 Table 177: Adamjee Insurance Company Ltd, Key Facts Table 178: Adamjee Insurance Company Ltd, Key Financials (PKR Million), 2009–2013 Table 179: Jubilee General Insurance Company Ltd, Key Facts Table 180: Jubilee General Insurance Company Ltd (PKR Million), 2009–2013 Table 181: lGI Insurance Ltd, Key Facts Table 182: lGI Insurance Ltd, Key Financials (PKR Million), 2009–2013 Table 183: Security General Insurance Company Ltd, Key Facts Table 184: Security General Insurance Company Ltd, Key Financials (PKR Million), 2009–2013 Table 185: The United Insurance Company of Pakistan Ltd, Key Facts Table 186: The United Insurance Company of Pakistan Ltd, Key Financials (PKR Million), 2009–2013 Table 187: New Hampshire Insurance Company, Key Facts Table 188: New Hampshire Insurance Company, Key Financials (PKR Million), 2009–2013 Table 189: Askari General Insurance Company Ltd, Key Facts Table 190: Askari General Insurance Company Ltd, Key Financials (PKR Million), 2009–2013 Table 191: Atlas Insurance Ltd, Key Facts Table 192: Atlas Insurance Ltd, Key Financials (PKR Million), 2009–2013 Table 193: Premier Insurance Ltd, Key Facts Table 194: Premier Insurance Ltd, Key Financials (PKR Million), 2009–2013 List of Figures
Figure 1: Pakistani Insurance Industry - Gross Written Premium by Segment (PKR Billion), 2009-2018 Figure 2: Pakistani Insurance Industry - Gross Written Premium Dynamics by Segment, (2009-2018) Figure 3: Pakistani Insurance Industry - Direct Written Premium by Segment (PKR Billion), 2009-2018 Figure 4: Pakistani Insurance Industry - Direct Written Premium Dynamics by Segment (2009-2018) Figure 5: Pakistani Non-Life Insurance - Gross Written Premium by Category (PKR Billion), 2009-2018 Figure 6: Pakistani Non-Life Insurance - Gross Written Premium by Category (Percentage Share), 2013 and 2018 Figure 7: Pakistani Non-Life Insurance - Gross Written Premium Dynamics by Category (%), 2009-2018 Figure 8: Pakistani Non-Life Insurance - Direct Written Premium by Category (PKR Billion), 2009-2018 Figure 9: Pakistani Non-Life Insurance - Direct Written Premium by Category (Percentage Share), 2013 and 2018 Figure 10: Pakistani Non-Life Insurance - Direct Written Premium Dynamics by Category (%), 2009-2018 Figure 11: Pakistani Non-Life Insurance - Earned Premium (PKR Billion), 2009-2013 Figure 12: Pakistani Non-Life Insurance - Earned Premium (PKR Billion), 2013-2018 Figure 13: Pakistani Non-Life Insurance - Paid Claims by Category (PKR Billion), 2009-2018 Figure 14: Pakistani Non-Life Insurance - Incurred Loss by Category (PKR Billion), 2009-2018 Figure 15: Pakistani Non-Life Insurance - Retentions by Category (PKR Billion), 2009-2018 Figure 16: Pakistani Non-Life Insurance - Loss Ratio (%), 2009-2013 Figure 17: Pakistani Non-Life Insurance - Loss Ratio (%), 2013-2018 Figure 18: Pakistani Non-Life Insurance - Commissions and Expenses (PKR Billion), 2009-2013 Figure 19: Pakistani Non-Life Insurance - Commissions and Expenses (PKR Billion), 2013-2018 Figure 20: Pakistani Non-Life Insurance - Combined Ratio (%), 2009-2013 Figure 21: Pakistani Non-Life Insurance - Combined Ratio (%), 2013-2018 Figure 22: Pakistani Non-Life Insurance - Fraud and Crime (PKR Billion), 2009-2013 Figure 23: Pakistani Non-Life Insurance - Fraud and Crime (PKR Billion), 2013-2018 Figure 24: Pakistani Non-Life Insurance - Total Assets (PKR Billion), 2009-2013 Figure 25: Pakistani Non-Life Insurance - Total Assets (PKR Billion), 2013-2018 Figure 26: Pakistani Non-Life Insurance - Total Investment Income (PKR Billion), 2009-2013 Figure 27: Pakistani Non-Life Insurance - Total Investment Income (PKR Billion), 2013-2018 Figure 28: Pakistani Non-Life Insurance - Retentions (PKR Billion), 2009-2013 Figure 29: Pakistani Non-Life Insurance - Retentions (PKR Billion), 2013-2018 Figure 30: Pakistani Non-Life Insurance - Investment Portfolio (PKR Billion), 2009-2013 Figure 31: Pakistani Non-Life Insurance - Investment Portfolio (Percentage Share), 2009 and 2013 Figure 32: Pakistani Non-Life Insurance - Penetration (Percentage of GDP), 2009-2013 Figure 33: Pakistani Non-Life Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 34: Pakistani Non-Life Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 35: Pakistani Non-Life Insurance - Premium per Capita (PKR), 2009-2013 Figure 36: Pakistani Property Insurance - Gross Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 37: Pakistani Property Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018 Figure 38: Pakistani Property Insurance - Direct Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 39: Pakistani Property Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018 Figure 40: Pakistani Property Insurance - Loss Ratio (%), 2009-2013 Figure 41: Pakistani Property Insurance - Loss Ratio (%), 2013-2018 Figure 42: Pakistani Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 43: Pakistani Fire and Allied Perils Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 44: Pakistani Fire and Allied Perils Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 45: Pakistani Fire and Allied Perils Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 46: Pakistani Engineering Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 47: Pakistani Engineering Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 48: Pakistani Engineering Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 49: Pakistani Engineering Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 50: Pakistani Agriculture Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 51: Pakistani Agriculture Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 52: Pakistani Agriculture Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 53: Pakistani Agriculture Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 54: Pakistani Other Property Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 55: Pakistani Other Property Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 56: Pakistani Other Property Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 57: Pakistani Other Property Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 58: Pakistani Motor Insurance - Gross Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 59: Pakistani Motor Insurance - Gross Written Premium Dynamics by Sub-Category, 2009-2018 Figure 60: Pakistani Motor Insurance - Direct Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 61: Pakistani Motor Insurance - Direct Written Premium Dynamics by Sub-Category, 2009-2018 Figure 62: Pakistani Motor Insurance - Loss Ratio (%), 2009-2013 Figure 63: Pakistani Motor Insurance - Loss Ratio (%), 2013-2018 Figure 64: Pakistani Motor Hull Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 65: Pakistani Motor Hull Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 66: Pakistani Motor Hull Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 67: Pakistani Motor Hull Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 68: Pakistani Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 69: Pakistani Motor Third-Party Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 70: Pakistani Motor Third-Party Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 71: Pakistani Motor Third-Party Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 72: Pakistani Liability Insurance - Loss Ratio (%), 2009-2013 Figure 73: Pakistani Liability Insurance - Loss Ratio (%), 2013-2018 Figure 74: Pakistani Liability Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 75: Pakistani Liability Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 76: Pakistani Liability Insurance - Written Premium (PKR Billion), 2009-2013 Figure 77: Pakistani Liability Insurance - Written Premium (PKR Billion), 2013-2018 Figure 78: Pakistani Marine, Aviation and Transit Insurance - Gross Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 79: Pakistani Marine, Aviation and Transit Insurance - Gross Written Premium Dynamics by Sub-Category (%), 2009-2018 Figure 80: Pakistani Marine, Aviation and Transit Insurance - Direct Written Premium by Sub-Category (PKR Billion), 2009-2018 Figure 81: Pakistani Marine, Aviation and Transit Insurance - Direct Written Premium Dynamics by Sub-Category (%), 2009-2018 Figure 82: Pakistani Marine Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 83: Pakistani Marine Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 84: Pakistani Marine Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 85: Pakistani Marine Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 86: Pakistani Aviation Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 87: Pakistani Aviation Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 88: Pakistani Aviation Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 89: Pakistani Aviation Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 90: Pakistani Marine, Aviation and Transit Insurance - Loss Ratio (%), 2009-2013 Figure 91: Pakistani Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2018 Figure 92: Pakistani Transit Insurance - Number of Policies Sold (Thousand), 2009-2013 Figure 93: Pakistani Transit Insurance - Number of Policies Sold (Thousand), 2013-2018 Figure 94: Pakistani Transit Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 95: Pakistani Transit Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 96: Pakistani Non-Life Insurance - Gross Written Premium by Distribution Channel (Percentage Share), 2013 and 2018 Figure 97: Pakistani Non-Life Insurance - Direct Marketing Commission Paid (PKR Billion), 2009-2013 Figure 98: Pakistani Non-Life Insurance - Direct Marketing Commission Paid (PKR Billion), 2013-2018 Figure 99: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 100: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 101: Pakistani Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2009-2013 Figure 102: Pakistani Non-Life Insurance - Policies Sold Through Direct Marketing (Thousand), 2013-2018 Figure 103: Pakistani Non-Life Insurance - Number of Direct Marketing Distributors, 2009-2013 Figure 104: Pakistani Non-Life Insurance - Number of Direct Marketing Distributors, 2013-2018 Figure 105: Pakistani Non-Life Insurance - Bancassurance Commission Paid (PKR Billion), 2009-2013 Figure 106: Pakistani Non-Life Insurance - Bancassurance Commission Paid (PKR Billion), 2013-2018 Figure 107: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 108: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 109: Pakistani Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2009-2013 Figure 110: Pakistani Non-Life Insurance - Policies Sold Through Bancassurance (Thousand), 2013-2018 Figure 111: Pakistani Non-Life Insurance - Number of Bancassurance Distributors, 2009-2013 Figure 112: Pakistani Non-Life Insurance - Number of Bancassurance Distributors, 2013-2018 Figure 113: Pakistani Non-Life Insurance - Commission Paid to Agencies (PKR Billion), 2009-2013 Figure 114: Pakistani Non-Life Insurance - Commission Paid to Agencies (PKR Billion), 2013-2018 Figure 115: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 116: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 117: Pakistani Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2009-2013 Figure 118: Pakistani Non-Life Insurance - Policies Sold Through Agencies (Thousand), 2013-2018 Figure 119: Pakistani Non-Life Insurance - Number of Agencies, 2009-2013 Figure 120: Pakistani Non-Life Insurance - Number of Agencies, 2013-2018 Figure 121: Pakistani Non-Life Insurance - E-Commerce Commission Paid (PKR Million), 2009-2013 Figure 122: Pakistani Non-Life Insurance - E-Commerce Commission Paid (PKR Million), 2013-2018 Figure 123: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 124: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 125: Pakistani Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2009-2013 Figure 126: Pakistani Non-Life Insurance - Policies Sold Through E-Commerce (Thousand), 2013-2018 Figure 127: Pakistani Non-Life Insurance - Number of E-Commerce Distributors, 2009-2013 Figure 128: Pakistani Non-Life Insurance - Number of E-Commerce Distributors, 2013-2018 Figure 129: Pakistani Non-Life Insurance - Commission Paid to Brokers (PKR Million), 2009-2013 Figure 130: Pakistani Non-Life Insurance - Commission Paid to Brokers (PKR Million), 2013-2018 Figure 131: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 132: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 133: Pakistani Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2009-2013 Figure 134: Pakistani Non-Life Insurance - Policies Sold Through Brokers (Thousand), 2013-2018 Figure 135: Pakistani Non-Life Insurance - Number of Brokers, 2009-2013 Figure 136: Pakistani Non-Life Insurance - Number of Brokers, 2013-2018 Figure 137: Pakistani Non-Life Insurance - Commission Paid to Other Channels (PKR Million), 2009-2013 Figure 138: Pakistani Non-Life Insurance - Commission Paid to Other Channels (PKR Million), 2013-2018 Figure 139: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2009-2013 Figure 140: Pakistani Non-Life Insurance - Gross Written Premium (PKR Billion), 2013-2018 Figure 141: Pakistani Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2009-2013 Figure 142: Pakistani Non-Life Insurance - Policies Sold Through Other Channels (Thousand), 2013-2018 Figure 143: Pakistani Non-Life Insurance - Number of Distributors in Other Channels, 2009-2013 Figure 144: Pakistani Non-Life Insurance - Number of Distributors in Other Channels, 2013-2018 Figure 145: Pakistan - Insurance Regulatory Framework Figure 146: Pakistan - Insurance Supervision and Control at Various Levels Figure 147: Pakistan - Insurance Regulatory Frameworks for Company Registration and Operation Figure 148: Shares of Key Insurers in the Non-Life Segment (%), 2013 Figure 149: Pakistani GDP at Constant Prices (US$ Billion), 2009-2013 Figure 150: Pakistani GDP Per Capita at Constant Prices (US$), 2009-2013 Figure 151: Pakistani GDP at Current Prices (US$ Billion), 2009-2013 Figure 152: Pakistani GDP Per Capita at Current Prices (US$), 2009-2013 Figure 153: Pakistani GDP by Key Sector (%) 2009 and 2013 Figure 154: Pakistani Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2009-2013 Figure 155: Pakistani Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as a Percentage of GDP (%), 2009-2013 Figure 156: Pakistani Manufacturing Net Output at Current Prices (US$ Billion), 2009-2013 Figure 157: Pakistani Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2009-2013 Figure 158: Pakistani Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2009-2013 Figure 159: Pakistani Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2009-2013 Figure 160: Pakistani Construction Net Output at Current Prices (US$ Billion), 2009-2013 Figure 161: Pakistani Construction Output at Current Prices as a Percentage of GDP (%), 2009-2013 Figure 162: Pakistani Inflation Rate (%), 2009-2013 Figure 163: Pakistani Exports as a Percentage of GDP (%), 2009-2013 Figure 164: Pakistani Imports as a Percentage of GDP (%), 2009-2013 Figure 165: Pakistani Annual Average Exchange Rate US$- PKR, 2009-2013 Figure 166: Pakistani Commercial Vehicle Exports - Total Value (US$ Million), 2009-2013 Figure 167: Pakistani Commercial Vehicle Imports - Total Value (US$ Million), 2009-2013 Figure 168: Pakistani Automotive Exports - Total Value (US$ Million), 2009-2013 Figure 169: Pakistani Automotive Imports - Total Value (US$ Billion), 2009-2013 Figure 170: Pakistani Internet Subscriptions (Millions), 2009-2013 Figure 171: Pakistani Size of Labor Force (Million), 2009-2013 Figure 172: Pakistani Unemployment Rate (%), 2009-2013 Figure 173: Pakistani Household Consumption Expenditure(US$ Billion), 2009-2013 Figure 174: Pakistani Total Population (Million), 2009-2013 Figure 175: Pakistani Urban and Rural Populations (%), 2009-2013 Figure 176: Pakistani Population Distribution by Age (%), 2009-2013
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