State Life the trusted insurance corporation with gross premium of over Rs101 billion in 2017

Islamabad: State Life Insurance Corporation held their 26th Annual Convention in Islamabad which was inaugurated by Mr. Shoaib Mir, Chairman of the Corporation. The Convention was organized to celebrate the achievement of record targets in life insurance business in Pakistan and commemorate the high achieving employees of State Life Insurance Corporation of Pakistan.

Mr. Sohaib Mir, congratulated the employees of the Corporation and reiterated that we are proud to be the only “AAA” rated life insurance company in Pakistan with more than Rs. 101 billion gross premium received in 2017. He further said that the Corporation has paid more than Rs.44 billion claims and have provided financial protection to millions of valued policyholders and their families. The Chairman also briefed; that Corporation’s total assets have reached 758 billion, whereas the life funds have reached 710 billion, which is the key indicator of its financial stability. State Life has 32 active Individual Life plans and 7 active Group Life products fulfilling the insurance, investment (long term and short term), saving and other needs of the people.

During the ceremony one Car and Seven Motorcycles was awarded through lucky draw to the high achieving qualifiers.***