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GROUP MEMBERS

Waqas Saeed Mi10bba025 Zawar Afzal Khan Mi10bba023

Shehroz Amjad Mi10bba009

INTRODUCTION & HISTORY


Incorporated in 1932 in Calcutta First complete Muslim organization Financed by :
Ghulam Muhammed Sir Agha Khan Nawab of Bhopal (Amin-ud-din)

1947 head office Karachi Credit rating of AA- by PACRA & JCR-VIS Reinsurer is Munich-re of Germany

PREMIUM
Gross Premium 13.17 Billion Net Premium 12.80 Billion

PREMIUMS

Protection
Premium Investment

Sum Assured Cash Value

Cash Value = Premium Invested + Profit

CLAIMS
Total Gross Claims 3.03 Billion Total Net Claims 2.63 Billion Total Claims Paid 1.083 Billion

PROFITABILITY
Profit Before Tax 1.4 Billion Profit After Tax 914 Million

UNIT LINKING SYSTEM


Whole Investment is put in a pool and then divided into small units and units are allotted to the policy holders according to their plan Price of each unit fluctuates according to the investments conditions The whole investment in this pool increased from 23.60 Billions in 2011 to 32.23 Billions in 2012. A GROWTH OF 36.8%

UNIT LINKED FUNDS


Company manages four Unit linked funds
Rate of Return

Managed Growth Fund Capital Growth Fund Aitemad Growth Fund Guaranteed Growth Fund

17.48% 18.42% 16.87% 10.09%

INVESTMENTS IN SECTORS
Investment 34.72 Billions Government Securities Shares & Mutual Funds Fixed Income Securities

INVESTMENT TRENDS

GOVERNMENT SECURITIES
Investment in Gov.t Securities In 2011 In 2012
3 Months Treasury Bills 6 Months Treasury Bills 10 Years PIB 5 Years PIB

16.68 Billions 25.17 Billions

FIXED INCOME SECURITIES


Investment in Fixed Income Securities In 2011 3.80 Billions In 2012 3.30 Billions Term Finance Certificates United Bank Limited NIB Bank Limited Allied Bank Limited Askari commercial Bank

SHARES & MUTUAL FUNDS


Investment in Shares and Mutual Funds In 2011 4.64 Billions In 2012 6.24 Billions EFU has shares of more than 165 companies Most shares of EFU General

RETURN ON INVESTMENTS
Return on overall investment 90 Million
Government Securities 57.8 Million Fixed Income Securities & Deposits 8.3 Million Dividend Income 24.3 Million

FINANCIAL STRENGTHS
1 Billion 37.9 Billion 32.3 Billion 914 Million 58% 10.75 55% 17.64% 2.1 Billion 43.65% 1 Billion Highest Paid up Capital in the Private Life Insurance sector Strong Asset base Highest NAV of all Unit linked funds Profit after tax Growth in Profit after tax Earnings per share Cash Dividend for the year Bonus Shares for the year Shareholders Equity Return on Equity Total Claims paid

CONCLUSION
Company follows a unique investment procedure called Unit Linking System. Company face a significant growth in 2012. EFU Life invests in various sectors but major sectors are Gov.t securities, fixed income securities and Stocks. EFU Life is playing a vital role in the development of insurance sector in Pakistan.

RECOMMENDATIONS
EFU Life should also invest in Property sector. EFU is a leading insurance company in private sector life insurance business therefore it has a role to play in social development. The company should also invest in public awareness campaigns for the development of insurance sector in Pakistan.