Reliance Insurance Company Limited (PSX:RICL)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
9.99
-0.72 (-6.72%)
At close: Jun 13, 2025

Reliance Insurance Company Company Description

Reliance Insurance Company Limited engages in the general insurance business in Pakistan.

It operates in four segments: ¬Fire and Property Damage, Marine, Motor, and Miscellaneous. The company offers fire insurance that covers damages caused by fire, riot and strike damage, flood, malicious damage, atmospheric damage, earthquake, earthquake fire and shock, explosion, impact damage, burglary, and aircraft damage, and marine import and export cargo, inland transit insurance, and marine hull insurance, as well as coverage against war risk.

It also provides motor insurance comprising car coverage and damage against third party loss; miscellaneous insurance products, such as workman compensation/employer’s liabilities, money, fidelity guarantee, household, baggage, third party liability, product liability, and professional indemnity policy, as well as health, loss of cash in safe and in transit, personal accident, travel, money and engineering losses, and others.

In addition, the company offers engineering insurance, such as contractor’s all risk policies, cover, erection all risk, marine-cum-erection, machinery breakdown, loss of profit following machinery breakdown, contractors' plant and equipment, boiler and pressure vessel explosion, low voltage/computer, and deterioration of stock insurance.

Further, it provides bond guarantee insurance products consist of bid/tender, mobilization/advance payment, performance, maintenance, customs and excise, supply, and retention money bonds, and terrorism and aviation insurance products.

Additionally, the company offers Shariah compliant general Takaful products, including fire and property, marine cargo, motor vehicle, engineering, terrorism, and miscellaneous and accident Takaful products; and reinsurance programs.

Reliance Insurance Company Limited was incorporated in 1981 and is headquartered in Karachi, Pakistan.

Reliance Insurance Company Limited
Country Pakistan
Founded 1981
Industry Insurance
Sector Financials
Employees 190
CEO A. Ahmed

Contact Details

Address:
Reliance Insurance House
Karachi, 74400
Pakistan
Phone 92 21 3453 9415
Website relianceins.com

Stock Details

Ticker Symbol RICL
Exchange Pakistan Stock Exchange
Fiscal Year January - December
Reporting Currency PKR
ISIN Number PK0027501011
SIC Code 6331

Key Executives

Name Position
A. Ahmed Chief Executive Officer
Ghulam Haider Chief Financial Officer