It serves its customers through a strong branch network throughout the country backed by advanced computerized information and control system. A program designed to assist students living in N.C. Atlas Insurance has the privilege of having many blue chip companies and large groups amongst its valued customers.
The Company follows sound underwriting policies and provides highest quality services to its valued clients. The Company has always sought to offer unique solutions to its clients and has the ability to offer creative alternatives to meet the challenges associated with needs of its clients by offering specially designed policies.
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Consistency, hard work, dedication, adherence to Company policies and procedures and code of conduct has contributed towards the growth of the Company.
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This was only made possible by excellent operating performance through professional and efficient service to clients, good management practices and cost controls. The Company’s results have consistently been yielding handsome profit earnings. This award reflects the fundamental strength of the Company and its prudent underwriting policies. Atlas Insurance Limited was awarded the “Insurance Journal Performance Awards” for the “Highest Underwriting Profit as Percentage of Written Premium” on the basis of results for the years 2012, 2013, 20 by the Insurance Journal. The Company is also recipient of “KSE Top 25 Companies Award”. Atlas Insurance Limited has been awarded South Asian Federation of Accountants – SAFA “Best Presented Accounts Award” continuously for six years from 2006 to 2011. Takaful will help not only to cater the requirements of our existing clientele but also to reach out to new market segments.Īcknowledging the financial strength of the Company, the Pakistan Credit Rating Agency Limited (PACRA) has maintained Insurer Financial Strength (IFS) rating of the Company at “AA” which denotes a very strong capacity to meet policyholders and contract obligations.Ītlas Insurance Limited a financially sound and professionally managed Company, has been awarded the Top Five Companies “Best Corporate Report Award” eight times, between 2003 to 2015, by the joint committee of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP). Under the supervision of certified and experienced Shariah Advisor, the General Takaful products were designed.
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Atlas Insurance Limited has very sound reinsurance arrangements with the leading reinsurers of the world including Swiss Re from Switzerland, Hannover Re from Germany, Tokio Fire & Nichido Marine, Sompo from Japan, Luban Re from Malaysia, Korean Re from Korea and Kuwait Re from Kuwait among others.Īfter obtaining license from Securities and Exchange Commission of Pakistan, the Company launched its Window Takaful Operations in March, 2016. 3.707 billion in 2019, total assets having grown to over Rs. The equity of the Company has grown from Rs.
The Company has made steady progress since its acquisition by the Atlas Group. The Company was taken over by the Atlas Group in 1980. Sir Muhammad Iqbal, Hakeem-ul-Ummat, and is one of the oldest insurance companies of Pakistan. We take great pride in the service, products, and stability we deliver to our agents and brokers.The Company was founded in 1934 by Dr. Middle market accounts are underwritten and quoted by ICAT’s experienced team of Property Underwriters. Small commercial and residential accounts are underwritten and bound using an online platform that provides instant quotes 24 hours a day, 7 days a week. ICAT provides property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States.
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