The Cooperative Insurance Society of Pakistan Ltd

Corporate Profile

Corporate Profile

Name of Company

The Cooperative Insurance Society of Pakistan Limited

History

The Cooperative Insurance Society came into being in 1949 under the Cooperative Societies Act 1925. This Society belongs to thegeneral insurance industry and the source of income of the Society is insurance Business.

Type of Company

General Insurance Company

Status of Company

PIC – Public Interest Company

Insurer Financial Strength

BB+ by PACRA

Company Registration Number

SECP. (80) Cooperative Department (426)

National Tax Number

2783735-1

Chairman

Mr. Asad Ul Haq Piracha

Chief Executive Officer

Mr. Fateh Khan Niazi

Directors

Mr. Ahmad Iqbal Zaheer
Mr. Imtiaz Ul Hassan
Mr. Ghulam Shabbir Malik
Mr. Ghulam Sajjad Hussain

Financial Advisor

Junaidy Shoaib Asad Chartered Accountant & Co

Legal Advisors

Meezan Law Firm

Company Secretary

Mr. Jamil Bhatti

Chief Financial Officer

Mr. Fahad Amjad

Company Regulator

Securities and Exchange Commission of Pakistan and Cooperative Department
Website: secp.gov.pk

Rating Agency

VIS Credit Rating Company Limited(Formerly JCR-VIS Credit Rating Company) (VIS)

Registered Office

Cooperative Insurance Building, 1st Floor 23 the Mall Road Lahore.
Tel.: 042-37352306,37242798
E-mail: info@coinsopl.com

Rules and Regulations

Companies Act, 2017
Insurance Ordinance 2000
Income Tax Ordinance 2001

Business Tariff

Insurance Association of Pakistan has made various tariffs and the Company. as a member follows them in respect of insurance policy, wording, premium rating and rules and regulations.