Established in 1953, NJI is one of the brightest and most reputable names in the insurance sector.
Sustained growth over half a century has secured NJI a place among the “Big Three” Pakistani insurance in terms of gross direct premium and financial base. NJI is listed on the Karachi & Lahore Stock Exchanges. Major shareholders include Aga Khan Fund for Economics Development and Hashoo Group. NJI, with its Head Office in Karachi, has an extensive and dynamic branch network in all major cities and towns of Pakistan that guarantees prompt service at the customer’s doorstep.
The company prides itself in its long-standing reinsurance arrangements and relationship with international renowned reinsurers such as Swiss Re, Munich Re, Lloyds, Hannover Re and Mitsui Smitomo Re. The company is also supported by internationally acclaimed reinsurance brokers including AON Group, Willis, Marsh and UIB.
In 2003, NJI became the first Pakistani insurance company to acquire a foreign company when it took over the Pakistan operations of Commercial General Union. Together with AKFED, NJI also acquired majority control of CU Life Assurance Company of Pakistan Ltd.
Jubilee Insurance is the Associate operating in Kenya, Tanzania, Uganda and Mauritius under the common brand name under the umbrella of AKFED
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