He was chairman of efu life assurance limited from february 1999. Efu life becomes the 1st life insurer in the world to launch a biometrically enabled policy acquisition system. Efu had become the flag bearer of pakistans insurance industry on the world stage, and the largest life company in afroasian countries excluding japan under the leadership of late mr. Feb 7, 2020, financial results for the year ended demcember 31, 2019, view pdf. Investment linked business, conventional business, pension business, accident and health business, family takaful investment linked business, and. Baqar naqvi 4 february 1936 february 2019 was a pakistani poet, prose writer and translator in urdu. Director of efu general insurance limited from july 10, 1990 till july 2011 when he was elected chairman of the company. Success story efu life assurance efu life assurance. Hat 1, hat 2, hat 3 hec hat test preparation questions taken from books. It remained so until 1972 when life insurance in pakistan was nationalized. Asset turnover is linked to roe % through du pont formula. It is engaged in life insurance business including ordinary life business, pension fund business and accident and health business. He is chairman of allianz efu health insurance limited, efu services pvt. It remained so until 1972 when life assurance business in pakistan was nationalized.
Limited and director of efu life assurance limited, all being efu group companies. Official twitter page of efu life assurance ltd the largest private sector life insurance company in pakistan. Efu holds a large portfolio of marketable securities in addition to strategic interest in efu life assurance limited eful, one of the leading life insurance companies in the private sector. Efu life introduces covid19 care we protect because we care. Efu life partners with oraan to promote financial inclusion. Today, with over 87 years of winning the customers trust, efu stands as pakistans largest and the oldest general insurer, always ready to go the extra mile to serve better. Efu life assurance limited, fri, feb 7th, 2020, 16. Efu life assurance limited overview of the institution rating rationale efu life assurance limited eful commenced operations in november 1992. Efu life extends grace period for premium payment due to covid19 outbreak. Pakistan studies mcqs taken from previous nts,pts,fpsc,spsc,ppsc,ots, sbp ibp tests for government jobs in pakistan. His work includes urdu poetry genres ghazal and nazm urdu prose short stories, scientific publications, and translations in urdu language.
Books and authors mcqs general knowledge question and. Welcome to the official linkedin page for efu life assurance ltd. Efu life is the pioneers and industry leader of life insurance sector of pakistan and has made some major developments for the insurance industry by the years. Efu life assurance s total assets for the quarter that ended in dec. We provide reliable services to address all your financial needs of now and the future. In this section candidate will learn general knowledge mcqs for categories. The total investment at book value as on december 31, 2016 stood at rs. It was the first islamic commercial bank to receive the islamic banking license under the islamic banking policy of 2003 from state bank of pakistan on march 31, 2005. In simple words, insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. Other than eful, the investment portfolio comprises a mix of equities, sovereign instruments, term deposit.
Therefore, efu life assurance s asset turnover for the quarter that ended in dec. Pk stock price, news, historical charts, analyst ratings and financial information from wsj. General knowledge mcqs for, nts test, bpsc test, spsc test, kpkpsc test, ajkpsc test, ppsc test, fpsc test, solved mcqs about pakistan history, famous personalities, basic general knowledge, politics, pakistans geography, world geography, inventions, honors and awards, famous places, books. Efu life digital campaign humrahi wins at maa globes 2019. Get detailed information about the efu life assurance limited eful stock including price, charts, company profile, announcements, historical data, financial reports and more. We are a leading life and takaful insurance company, in pakistan since 1992. These shall be called the participant takaful fund policies. In this section we have mcqs about books and authors. From individual and group life insurance solutions to travel and accidental insurance, askari life promises to not only maintain its legacy of excellence but to always value and build your immeasurable trust. Efu life insurance free download as powerpoint presentation. Ghulam mohammed, who later became governor general of pakistan, established an insurance company with h. It was the first insurance company in india founded in 1932 owned by the muslims based in calcutta. Prepare well for mcqs related to pakistan studies portion in tests.
The shares of eful are held by efu general insurance ltd. Bankislami pakistan limited is a pakistani islamic bank based in karachi, pakistan. The company offers individual and group life covers, with individual policies being the companys major business line in terms of premium income. View announcemnts of the jobs and prepare for entrance and competitive exams by ibp nts, pts, fpsc, spsc,ppsc,bpsc. After the partition of india the company moved to pakistan and operated in east and west pakistan. Plansislamic fund products insurance plan guider book. Mcqsforum pakistans leading mcqs forum for gk,current affairs mcqs. Day visit spent a day with the children and elderly. Allianz efu health insurance limited report of the directors to members for the year ended december 31, 2016. Efu insurance company today today, efu life continues to be the largest private sector life insurance company in pakistan. History of pakistan from 1947 to 2018 online test mcqs quiz with question answer is given here which includes information related to all major incidents that happened during this time period.
State life insurance corporation of pakistan 4 chapter no. Efu life employees donated toys, clothes, shoes, books, etc. Efu life assurance limited provides various life insurance products and services in pakistan. Pakistan history, famous personalities, basic general knowledge, politics, pakistans geography, world geography, inventions, honors and awards, famous places, books and authors. Efu life assurance ltd was established in november 1992 as the first private sector life insurance company of pakistan and commenced its group life insurance business in 1993. Telenor kamyabmustakbil plan is only the name of the product and does not, in any way, indicate the quality of the product. Efu life assurance limited was incorporated in pakistan on 09 august 1992 as a public limited company under the repealed companies ordinance, 1984 and started its operation from 18 november 1992. Roshen ali bhimjee became the chief executive officer and under his leadership efu life became the largest private sector life insurance company in pakistan. In 1990, the government of pakistan reopened the life insurance business to the private sector organisations and efu life assurance ltd started operations in. The company ceased to exist in east pakistan after it became bangladesh.
Book value the value of an asset as entered in a companys books. Guaranteed level of life assurance in case of death before the end of the selected term, the dependents will receive the greater of the sum assured or the cash value of the plan at the date of death. Efu savings plan access to your savings no one can predict the future encashment after 2 years premium payment investment with a safety net. By 1961, efu had become the flag bearer of pakistans insurance industry on the world stage, and the largest life company in afroasian countries excluding japan under the leadership of mr. In this section we have general knowledge mcqs about history of pakistan or pakistan history mcqs. Capital expenditure the cost of bngterm improvements and fixed assets. Pakistan history mcqs general knowledge question and answers. The life industry was opened to the private sector and efu life was born in 1992. Whereas efu life assurance ltd shall be called as settlor or operator or trustee, which expression shall, unless repugnant to the context or the meaning thereof, mean and include its survivors. Efu life assurance s revenue for the three months ended in dec. In 1990, the government of pakistan reopened the life insurance business to the private sector organisations and efu life assurance ltd started operations in november 1992 as the first private sector life insurance company.
Eful stock quote for efu life assurance limited pakistan stock. Ghulam mohammad, a far sighted man, established eastern federal union insurance company efu with financial assistance from the aga khan iii and the nawab of bhopal. The bank started its operations from 7 april 2006 and offers shariah compliant retail banking. Application for reinstatement and special health declaration form.
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