This is an kind of Risk Management originally focuses to uncertain loss and provides compensation against that loss only. A insurer is regarded as the company name that selling the insurance. The amount charged on yearly basis mostly is known as Premium and that Premium is the only source of income of those companies. There are many companies also exist in Pakistan in both Public and Private sector.
For example if Tornado damages homes it would be considered as ‘Act of God” and no body going to claim upon this loss. National Insurance Corporation
2. Pakistan Reinsurance Company Ltd.
3. Postal Life Insurance
4. Adamjee Insurance Company Ltd.
2. Agro General Insurance Company Ltd.
3. Allianz EFU Health Insurance Company Ltd.
4. Alpha Insurance Company Ltd.
5. Amercian Life Insurance Company Ltd.
6. Asia Insurance Company Ltd.
7. Asian Mutual Insurance Company Ltd.
8. Askari General Insurance Company Ltd.
9. Beema Insurance Company Ltd.
10. Business & Industrial Insurance Company Ltd.
11. Capital Insurance Company Ltd.
12. Central Insurance Company Ltd.
13. Century Insurance Company Ltd.
14. Commercial Union Life Assurance Company
15. Co-operative Insurance Society of Pakistan Ltd.
16. Credit Insurance Company Ltd.
17. Crescent Star Insurance Company Ltd.
18. Dadabhoy Insurance Company Ltd.
19. Delta Insurance Company Ltd.
20. E.F.U.General Insurance Company Ltd.
21. E.F.U.Life Insurance Company Ltd.
22. East West Insurance Company Ltd.
23. Excel Insurance Company Ltd.
24. Gulf Insurance Company Ltd.
25. Habib Insurance Company Ltd.
26. Indus International Insurance Company Ltd.
27. International General Insurance Co. of Pak
28. Ittefaq General Insurance Company Ltd.
29. Jupiter Insurance Company Ltd.
30. Metropoliton Life Assurance Company Ltd.
31. Muslim Insurance Company Ltd.
32. National General Insurance Company Ltd.
33. New Jubilee Insurance Comapny Ltd.
34. North Star Insurance Company Ltd.
35. Orient Insurance Company Ltd.
36. Pakistan General Insurance Company Ltd.
37. Pakistan Guarantee Insurance Company Ltd.
38. Pakistan Mutual Insurance Company Ltd.
39. Platinum Insurance Company Ltd.
40. Premier Insurance Company Ltd.
41. Prime Insurance Company Ltd.
42. Raja Insurance Company Ltd.
43. Reliance Insurance Company Ltd.
44. Seafield Insurance Company Ltd.
45. Security General Insurance Company Ltd.
46. Shaheen Insurance Company Ltd.
47. Sliver Star Insurance Company Ltd.
48. Union Insurance Company of Pakistan Ltd.
49. United Insurance Company of Pakistan Ltd.
50. Universal Insurance Company Ltd.
b) Incorporated abroad
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1. ACE Insurance Aid Pacific Ltd.
2. CGU Assurance Company Ltd.
3. New Hampshire Insurance Company Ltd.
4. New Zealand Insurance Company Ltd.
5.