Reliance Insurance Company appoints new board of directors

Reliance Insurance Company Limited has just informed the Pakistan Stock Exchange that the board of directors of its company, at its meeting of May 30, 2020, appointed Mr. Zia Zakaria as director of the company with effect from May 30, 2020.

Reliance Insurance Company Limited was incorporated in Pakistan as a public limited company on November 4, 1981. The company carries on general insurance business. Its head office is located in Karachi. The company’s shares are listed on the Karachi and Lahore stock exchanges in Pakistan and are registered with the Central Depository Company of Pakistan Limited.

  The company is jointly owned by two industrial groups, the Al-Noor group and the Bawany group. The company has a nationwide branch network with 25 operating stations spread across all major cities in Pakistan. The company’s products are fire, marine, marine hull, engine, engineering, bond / guarantee, terrorism, aviation and various insurance.

  The symbol “RICL” is used by stock exchanges for the shares of Reliance Insurance Company Limited.

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