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What is Jubilee Life Insurance Financials 2024 about?

Jubilee Life Insurance saw significant growth in 2012. Net profit increased 48% to Rs. 553 million due to higher returns on government securities and investment gains. Surplus appropriated to shareholders also rose 23% to Rs. 650 million. As a result, earnings per share increased 48% to Rs. 8.82. However, the insurance industry in Pakistan still has low penetration and needs alternative distribution channels to reach more customers.

Author

M Sadiq

Language

EN