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Two months after the Independence of Pakistan, in October 1947 a group of well renowned and highly motivated Muslim League party members established The Pakistan Life and General Insurance Company. The organization was the first insurance company to be incorporated in Pakistan.

In 1972, the Government of Pakistan nationalized various financial sectors including Life Insurance; thus the life sector was separated from The Pakistan Life and General Insurance Company. The conglomerate’s name was thus changed to The Pakistan General Insurance Company Ltd.

In 1988, the majority shares of The Pakistan General Insurance Co. Ltd were bought by Mr. Ch. Zahoor Ahmad. Mr. Ahmad, with an experience of over 39 years in the sector, has been a pioneer in the development of the Pakistani insurance industry. He currently holds the designation of the chief executive officer. The Insurance ‘Guru’ has also worked in the senior management of various insurance companies and the insurance association of Pakistan. read more

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