Board Meeting in Progress of Pakistan Reinsurance Company Limited (Updated on 05-05-2020).

Karachi: Pakistan Reinsurance Company Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on May 05, 2020 at Karachi to consider Financial Statements for the year ended December 31, 2019 is in progress.

Pakistan Reinsurance Company Limited was formerly referred to as Pakistan Insurance Corporation established in 1952 under PIC Act, 1952 for supporting the local insurance company. On March 30, 2000 the company was incorporated as a public limited company under the Companies Ordinance, 1984. The company ensures the development of insurance and reinsurance business in Pakistan. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The company operates in the public sector under the administrative...