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Showing posts with label Jubilee Insurance. Show all posts
Showing posts with label Jubilee Insurance. Show all posts

Thursday, July 4, 2019

#Jubilee Life Insurance wins the Best Short Video content (Web) award at the Pakistan Digi Awards 2019

#Jubilee Life Insurance wins the Best Short Video content (Web) award at the Pakistan Digi Awards 2019

Jubilee Life Insurance wins the Best Short Video content (Web) award at the Pakistan Digi Awards 2019


Karachi, July 3, 2019: Team Jubilee Life Insurance wins the Best Short Video content (Web) award at the Pakistan Digi Awards 2019. The Pakistan Digi Awards recognizes the best in digital marketing campaigns and talent across the country. Various organizations from different industries participate in these prestigious awards which are known for its rigorous evaluation of content.

The Pakistan Digi Awards were launched by BrandE in 2017!   The Pakistan Digi Awards will recognize the very best in digital marketing campaigns and talent across the Country, as well as rewarding websites, apps and bloggers to reflect the online world that public, private and third sector organizations now inhabit, trade and communication.






Thursday, April 11, 2019

Jubilee Life Insurance  awarded with  top honor in Financial Sector category at MAP 34th Corporate Excellence Awards ceremony

Jubilee Life Insurance awarded with top honor in Financial Sector category at MAP 34th Corporate Excellence Awards ceremony

Jubilee Life Insurance  awarded with  top honor in Financial Sector category at MAP 34th Corporate Excellence Awards ceremony




Karachi (PR) Jubilee Life Insurance awarded with the top honor in the Financial Sector category at the Management Association of Pakistan’s (MAP) 34th Corporate Excellence Awards ceremony. 

Ms. Lilly R. Dossabhoy, CFO & Group Head – Finance & Accounts, Jubilee Life Insurance Company Limited receiving the top Award in Financial Category by Chief Guest Dr. Abdul Bari Khan at MAP’s 34th Corporate Excellence Awards. 

The Corporate Excellence Awards was instituted by MAP in 1982 with the sole aim to recognize and honor companies showing outstanding performance and demonstrating progress and enlightened management practices.



Monday, April 1, 2019

Jubilee Life Insurance signs MOA with AETINS SDN BHD

Jubilee Life Insurance signs MOA with AETINS SDN BHD

Jubilee Life Insurance signs MOA with AETINS SDN BHD

Jubilee Life Insurance signs MOA with AETINS SDN BHD for the ‘Implementation of JLPISF TAKAFUL System’. Picture shows: Mr. Zahid Barki, Group Head - Risk Management, Compliance and Quality Assurance - Jubilee Life (4th from right), Mr. Muhammad Osama Khan, Project Manager – Jubilee Life (3rd from right), Mr. K. Kuppusamy, Managing Director – AETINS SDN BHD, Malaysia (4th from left), Ms. S. Saraswathy, VP Operations – AETINS SDN BHD (3rd from left) with Malaysian Officials.

Karachi: Jubilee Life Insurance Company Limited, the country’s leading life insurance provider in the private sector, recently signed a Memorandum of Agreement with AETINS SDN BHD for the ‘Implementation of JLPISF TAKAFUL System’ in Islamabad. This system will enhance the Takaful base in the country and support towards streamlining its operations.  

JLPISF Takaful System is a core business application for Takaful, it works as a cross functional ERP system and facilitates in the day-to-day business activities. This application’s unique feature includes having Shariah compliant accounting procedures that are integrated at transactions level and are characterized by fully automated processes with lesser user intervention. As a result, Jubilee Life will be able to profile the personal needs of customers and serve them better, be able to craft contemporary products, introduce new products into the market, gain insights into business intelligence and analytics for a quick response system, mitigate risks, and eventually drive new package offerings.

At the occasion, Mr. Zahid Barki - Group Head Risk Management, Compliance and Quality Assurance - Jubilee Life Insurance said “This collaboration with AETINS is a momentous step taken in the Takaful industry. Jubilee Life being a leader in the industry has always been at the forefront of bringing premium products and services to its customers through innovation.”

This exchange of MOA between the two companies took place in the presence of Malaysia External Trade Development Corporation (MATRADE) officials who came with the honourable Prime Minister of Malaysia, Dr. Mahatir Bin Mohammad on the invitation of the honourable Prime Minister of Pakistan, Mr. Imran Khan.




Wednesday, December 12, 2018

Bank Islami Partners With Jubilee Life(Window Takaful Operations)To Introduce Referral Model For Takaful Sale

Bank Islami Partners With Jubilee Life(Window Takaful Operations)To Introduce Referral Model For Takaful Sale

Bank Islami Partners With Jubilee Life(Window Takaful Operations)To Introduce Referral Model For Takaful Sale



BankIslami, one of the leading Islamic banks of Pakistan, recently signed the Referral Model agreement with Jubilee Life -Window Takaful Operations, the country’s leading life insurance and Takaful operator. The agreement was signed at a ceremony held at BankIslami head office to commemorate the partnership aimed at expanding Islamic banking in the market.Senior management and representatives of both the organizations were present at the ceremony where by Mr. Syed Amir Ali, President and CEO, BankIslami and Mr. Javed Ahmed, Managing Director & CEO Jubilee Life duly signed the agreement to mark this collaboration.

Speaking at the ceremony, Mr. Amir Ali said,“Ever since our establishment since 2004, our mission has been to create value for our stakeholders by offering authentic, Shariah compliant and technologically advanced products and services. I am confident that this alliance will facilitate our customers to the fullest with a one window Takaful solution via our branch network which is spread across Pakistan.”

Mr. Ahmed said: “Bancatakaful has proved to be a highly successful model to enhance the Takaful segment in Pakistan and has achieved phenomenal growth in a short span of time. With the introduction of this referral model, we are confident that this collaboration with BankIslami will help grow new opportunities and provide top quality service to strengthen our customers’ confidence in both the organizations.



Friday, October 5, 2018

Jubilee Life Insurance Announces to Sponsor the #Pakistan-Australia Cricket Series

Jubilee Life Insurance Announces to Sponsor the #Pakistan-Australia Cricket Series


Jubilee Insurance unveiled as the presenting sponsor of the upcoming Pakistan vs Australia Test Cricket Series in UAE at a press conference by Pakistan Cricket Board in Lahore. Picture shows (L-R): Syed Usman Qaiser, Chief Manager Marketing Jubilee Life Insurance, Khawaja Atif Sikka, Director Sales and Marketing Brighto Paints, Zakir Khan, Director International Cricket Pakistan Cricket Board and Sana Tariq, Senior Brand Manager Continental Biscuits Limited.

Karachi: October 4, 2018 -Jubilee Life Insurance, Pakistan’s largest life insurance provider in the private sector is the proud presenting sponsor of the Pakistan vs. Australia cricket test series to be held in UAE. The announcement was made at a press conference in Lahore, Pakistan. 

The audiences world over will witness two cricketing titans coming head on in this exciting tour which includes two Tests and three Twenty20 Internationals with the first Test beginning on Sunday October 07 at the Dubai International Cricket Stadium in Dubai. 

“Jubilee Life Insurance has always taken a lead and been one of the top supporters as far as facilitating sports in Pakistan is concerned. We feel proud in playing a key role in bringing cricket back to our nation starting with the PSL 3, followed by the Pakistan vs. WIndies series that took place earlier this year. With the same enthusiasm, Jubilee Life Insurance has continued to lend its support to this current tour and brings cricket for its fans and passionate spectators of the country.” said Syed Usman Qaiser, Chief Manager Marketing, Jubilee Life Insurance.

“Once again we are honored to see Jubilee Life’s commitment towards cricket in Pakistan. Over a period of time, this company has become one of the pillars upon which cricket has constantly grown in this nation. We envision being on the right path to reviving cricket in the country and the support of organizations like Jubilee Life Insurance will definitely help us achieve our objectives. We now hope the Pakistan team has a successful tour and is victorious.” said Zakir Khan, Director International Cricket, Pakistan Cricket Board.

Jubilee Life Insurance has become synonymous with sports in the country and upholds the brand essence being ‘Live Free’. The company was the gold sponsor of the PSL 3. Jubilee Life Insurance was also the lead sponsor of the Pakistan Super League (PSL) outfit Quetta Gladiators last season, as well as, being the gold sponsor of Pakistan vs. Sri Lanka cricket series. Other than cricket, Jubilee Life has also supported other sporting events in Pakistan including snooker, polo, hockey and golf.

Jubilee Life Insurance has been the pioneer in Bancassurance distribution and is the market leader among private sector life insurance companies in Pakistan. With an average growth of 38% over the last five years, it is the most profitable and valuable life insurance company on the stock exchange.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) and is committed to the vision of being Pakistan’s best service provider from the insurance industry and is among the top 25 companies of the Pakistan Stock Exchange; it happens to be the only insurance company to make it to this prestigious list.




Thursday, August 2, 2018

Jubilee Life Insurance teams up with Cinepax to support Pakistani Cinema

Jubilee Life Insurance teams up with Cinepax to support Pakistani Cinema

Karachi: Jubilee Life Insurance, Pakistan’s leading life insurance provider, has partnered with Cinepax Cinemas to promote the burgeoning film industry in Pakistan. Through this year-long agreement, signed by both organizations in July, Jubilee Life Insurance has cemented its role as a patron and supporter of Pakistani sports, arts and culture.   


Photo Caption: Jubilee Life Insurance, Pakistan’s leading life insurance provider recently partnered with Cinepax Cinemas to promote the burgeoning film industry in Pakistan. Picture shows Mr. Javed Ahmed (5th from left), MD & CEO Jubilee Life Insurance and Ms. Mariam El Bacha (6th from left) CEO, Cinepax Cinemas with senior representatives of both the organizations after signing of the agreement.


Jubilee Life Insurance has collaborated with Cinepax Cinemas, which is currently operating 13 cinemas with 30 screens in 9 cities across Pakistan including Karachi, Lahore, Rawalpindi, Faisalabad, Gujranwala, Gujrat, Hyderabad and Islamabad having a total of 6,000 plus seats nationwide. Cinepax Cinemas will provide Jubilee Life Insurance with opportunities for on screen advertising, premises branding, on ground activation and various offers for Saffron members such as buy one-get one free silver screen tickets with popcorn and drink. Saffron is a loyalty club for its high net worth customers, who have put their faith in Jubilee Life Insurance and are gratified to be associated with the company for a secured financial future. 

On this occasion, Javed Ahmed, CEO and MD, Jubilee Life Insurance said, “Film can be a powerful medium of mass communication and if used sensibly, movies can be used to convey a wide variety of messages to communities along with providing quality entertainment. We are pleased to be supporting Cinepax and hope our partnership can help the growth of Pakistan’s film industry. Jubilee Life Insurance is also actively supporting country’s development in areas of Sports, Education, Entrepreneurship and Arts.”

Ms. Mariam El Bacha CEO Cinepax Pakistan said, “Cinemas are becoming best entertainment hubs for families. We are undergoing a revival and everyone involved wants to make sure this evolution brings about a strong industry that every Pakistani can claim and own proudly. It is wonderful to have partners like Jubilee Life Insurance supporting the cause and we hope this will be a mutually beneficial partnership.” 

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company is also amongst the leading Window Takaful Operator’s in Pakistan. 
Cinepax Cinemas is Pakistan's largest cinema network committed to provide unmatched quality entertainment. Cinepax Cinemas believes that be it comfort, indulgence or state of the art visual/sound is key to enhancing a customer's experience. They bring the future of cinema entertainment to your doorstep offering unsurpassed levels of service, online ticketing purchase at the comfort of your home mixed with the best digital experience. 





Saturday, April 14, 2018

Jubilee Life Insurance Polo Cup continues its legacy of supporting the ancient sport

Jubilee Life Insurance Polo Cup continues its legacy of supporting the ancient sport

Jubilee Life Insurance Polo Cup continues its legacy of supporting the ancient sport



Karachi: Jubilee Life, Pakistan’s largest life insurance provider in the private sector was the title sponsor of the recently concluded Jubilee Life Insurance Polo Cup 2018 played by the zealous sportsmen at Islamabad Polo Club in Islamabad. 

Aun Rizvi of the Jubilee Life team played a crucial role and scored 2 goals, thus driving the team in a leading position and eventual victory. As a result, the Jubilee Life team won this tournament by 4-7 against team, Shahtaj. 
Jubilee Polo Team consist of Edward Eve (member of English Polo Team), Aun Muhammad Rizvi, Turab Muhammad Rizvi and the Captain Shoukat Ali Malik. 

Speaking at the occasion, Mr. Javed Ahmed, Managing Director of Jubilee Life Insurance said, “As the leading private life insurance company in Pakistan, we are committed to promoting partnerships for the betterment and fostering of sports. Sponsoring this tournament is yet another testimony to Jubilee Life’s philosophy to support & promote sports in Pakistan. We hope this tournament paves the way for the revival of international sports in the country.” 

‘Sports is essential for learning discipline as it teaches the participants to come as a combined force in pursuit of a unified goal. Whether it’s in the form of polo, cricket, football or hockey, it shapes and refines the structure of a society and this is what we have to facilitate which I’m glad Jubilee Life is eagerly facilitating,” said Mr. Talib Rizvi, Group Executive, Habib Metropolitan Bank who was the Chief Guest at the Jubilee Life Insurance Polo Cup 2018.

Given polo’s legacy of over 2,500 years, it is renowned to have been the game of the kings which Jubilee Life has earnestly supported over the years. Polo is a game that spread from Persia – present day Iran in the 6th century AD all the way to Arabia, Tibet, China and then later Japan. The Mughals were known to have introduced this sport in the Indian Subcontinent in the 13th century. This still being an eminent game in Pakistan receives extensive coverage and draws participation from distinguished local and foreign dignitaries. 

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general). Jubilee Life has been the pioneer in Bancassurance distribution and is the market leader among private sector life insurance companies in Pakistan. With an average growth of 38% over the last five years, Jubilee Life is the most profitable and valuable life insurance company on the stock exchange.






Monday, March 12, 2018

Jubilee Life Insurance (JLI) recently won ‘Corporate Excellence Award’ for ‘Life Insurance’ under ‘Financial Category’

Jubilee Life Insurance (JLI) recently won ‘Corporate Excellence Award’ for ‘Life Insurance’ under ‘Financial Category’

Jubilee Life Insurance (JLI) recently won ‘Corporate Excellence Award’ for ‘Life Insurance’ under ‘Financial Category’ instituted by Management Association of Pakistan (MAP). Picture shows Ms. Lilly R. Dossabhoy (center) Chief Financial Officer, Jubilee Life Insurance with the award. Also seen in the picture are (L-R) Mr. Najam ul Hassan Janjua, Company Secretary; Ms. Charlotte D’souza, Senior Manager Human Resources; Mr. Sulaiman Khawaja, Finance Manager & Mr. Munaf Ali, Deputy Manager, Financial Reporting, Jubilee Life Insurance.




Thursday, February 22, 2018

Jubilee Life #Insurance declares 145% Final cash dividend

Jubilee Life #Insurance declares 145% Final cash dividend

KARACHI: Jubilee Life Insurance Company Limited announced impressive financial results for the year ended December 31, 2017, recommending a Final cash dividend of 145% (Rs.14.50 per share). This is in addition to interim cash dividend of 30% declared earlier, bringing the total payout for the year to 175% (Rs.17.50 per share).


The Company reported a pre-tax profit of Rs.3,876 million during the year as compared to Rs.3,152 million in 2016, representing an increase of 23%. The profit after tax was recorded at Rs.2,570 million, as compared to Rs.2,108 million during the year 2016, an increase of 22%. The earnings per share (EPS) increased from Rs.26.57 in 2016 to Rs.32.39 in 2017, an increase of 22%. The results were declared by the Board of Directors who met under the chairmanship of Mr. Kamal A. Chinoy to review the annual performance of the Company.

The year 2017 was another impressive performance from Jubilee Life, which was recognized by third parties with awards and accolades during the year, including the selection for the prestigious PSX Top 25 Companies Award for 2016, and the 5th FPCCI Achievement Award for 2016.

Speaking about the financial results, Mr. Javed Ahmed, Managing Director & CEO Jubilee Life said, “Our results are a reflection of our commitment to excellence – we believe in being second to none. With our footprints spread all across Pakistan, we remain the insurer of choice for countless families and households across the country, and our achievements, including some of the most prestigious awards of the corporate sector, make us the leader in the field of life insurance in Pakistan.”
He added that Jubilee Life will continue to follow a strategy of high business growth with sustainable profitability.

Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. 




Jubilee Life extends its support to Roshan Rahain’s Financial Literacy Program “Hisaab Kitaab”

Jubilee Life extends its support to Roshan Rahain’s Financial Literacy Program “Hisaab Kitaab”

Karachi: Roshan Rahain an ambitious young, non-profit organization is committed to educating children using alternate forms of art and has launched first-of-a-kind financial literacy program in Pakistan with support from Jubilee Life Insurance. The Program will teach children about the importance of savings, techniques of managing day-to-day transactions, handling cash and much more using the medium of music and other engaging activities along with role playing.  



Pakistan has the lowest financial access in the world. About 100 million adults in Pakistan (roughly about 80% of country’s population) don’t have access to formal and regulated financial services. This number accounts for about 5% of the world’s unbanked population, which stands at 2 billion, as per the World Bank (WB). The lack of financial access creates multiple problems for people including having to face financial shocks, unexpected expenses and being excluded from savings services. 

Jubilee Life Insurance supports Roshan Rahain for a 3-month long program, Roshan Rahain’s team reached out to approximately 3,000 children from different schools in Lahore as well as from institutions that are working with underprivileged children. During the project, the team visited numerous schools including Lahore Grammar School, Aitichson School, Door of Awareness & Sharif Education Trust, Rosan Islamic School, SOS Village, in total the Roshan Rahain team visited around 15 schools both private & public.  

Speaking at the activity session, the coordinator of Lahore Grammar School commented “The activities conducted by Roshan Rahain were extremely creative and the role playing idea was superb as kids not only enjoyed themselves but also learned a lot through these activities”.

A representative from the Sharif Education Trust said “We need more of these activities & educational sessions, the use of music to learn financial literacy was very creative and this is an important subject for children in these times especially”. 

Founder of Roshan Rahain, Shaigan Azhar shared “Children have a great ability to learn new things. The use of music and other techniques has proven impact on their ability to learn. We are extremely thankful to our sponsors & schools for believing in us and helping us reach out to children. Moving on, we hope to expand our reach to other cities of Pakistan reaching as many children as possible”. 

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Being one of the fastest growing life insurance companies in Pakistan, Jubilee Life boasts a presence in every major city in the country. They employ a highly trained sales force of more than 3500 individuals who help insure millions of lives through relations with a large number of organizations across Pakistan.  Jubilee Life is the only company with the largest gross premiums written and has insured over 5 million lives through multiple channels of distribution. The company is backed by one of the world’s largest and strongest insurers, SCOR RE and HANNOVER RE. 






Tuesday, December 19, 2017

Jubilee Life’s Window Takaful Operations achieves fastest 3 billion in a single year & 5th FPCCI award

Jubilee Life’s Window Takaful Operations achieves fastest 3 billion in a single year & 5th FPCCI award



Fifth FPCCI Achievement Awards presented by Mohammad Pervaiz Malik – Federal Minister for Commerce and Textile – Malik presents award on their outstanding services in Insurance Savings (Family Takaful) to Mohammad Khalil of Jubilee Family Takaful.



Jubilee Life’s Window Takaful Operations achieves fastest 3 billion in a single year & 5th FPCCI award

Karachi: Jubilee Life Insurance Company Limited - Window Takaful Operations has achieved the fastest Rs.3 billion milestone in a single year since its inception two years ago. Simultaneously, it’s the first for any Window Takaful Operator in Pakistan, Jubilee Life-Window Takaful Operations has won the 5th FPCCI award for its Takaful Operations strengthening Jubilee Life - WTO’s position as the leading Takaful operator in the country.

Jubilee Family Takaful has been dedicated within the industry in introducing innovative products and solutions to provide additional value to its customers and strengthening its relationship with them. The Window Takaful Operations has expanded its distribution channel far and wide to reach out to the entire nation with Takaful products.

Commenting on the occasion, Mr. Munawar Khalil, Group Head- HR Management & Development, Jubilee Family Takaful said “Jubilee Life¬- Window Takaful Operations is dedicated to offering innovative solutions that are beneficial for Pakistanis of all walks of life. We are very pleased to have achieved these milestones in the short time since the launch of Jubilee Family Takaful. Jubilee Life-Window Takaful Operations aims to be Pakistan’s best service provider from the Takaful industry and we will continue our pursuit of providing world class service and excellent insurance and Takaful products for the Pakistani market.”

Wednesday, November 22, 2017

Jubilee Life collaborates with Prince’s Trust International and SEED Ventures for “Enterprise Challenge Pakistan”

Jubilee Life collaborates with Prince’s Trust International and SEED Ventures for “Enterprise Challenge Pakistan”

Jubilee Life collaborates with Prince’s Trust International and SEED Ventures for “Enterprise Challenge Pakistan”


Karachi, November 17, 2017: Jubilee Life, Pakistan’s leading life insurance provider, has partnered with SEED Ventures for the 2nd Enterprise Challenge Pakistan, a Prince’s Trust International programme. This was announced at the project signing ceremony held recently at the Head Office of Jubilee Life. The signing ceremony took place between Mr. Javed Ahmed, MD & CEO, Jubilee Life and Mr. Faraz Khan, CEO & Co-Founder, SEED Ventures, in the presence of Mr. Jonathan Townsend, CEO, Prince’s Trust International.

Enterprise Challenge Pakistan (ECP) is a pan-Pakistan, inter-school competition that encourages young people to explore entrepreneurship as a career path. It is offered to secondary school students within the age bracket of 13-16 years in various schools across the country. ECP is essentially a simulation business challenge where students playing in teams of four or five employ their creativity in cyber-scenarios. Each team is mentored by industry experts to help these students understand the basics of an enterprise, business strategy and financials. The objective is to profitably run an enterprise and the team with the highest net profit is declared the winner.

On this occasion Javed Ahmed, CEO and MD, Jubilee Life said, 

“We have seen from the example of fast growing countries that phenomenal economic growth is propelled by entrepreneurship. To promote entrepreneurship, it is important that the people with innovative ideas and skills have access to vital resources such as mentorship, finances and knowledge to initiate new business, especially small and medium size enterprises. ECP is a great initiative for this cause and we are glad to be their partners in promoting the enterprise culture in Pakistan.” 

Jonathan Townsend, Prince’s Trust International Chief Executive, said: “Prince’s Trust International is excited to be partnering with SEED Ventures for a second year, bringing the Enterprise Challenge programme to Pakistan.  Following the successful launch of the programme in 20 schools last year, this year we celebrate 44 schools joining the programme. This is a significant achievement, extending delivery even further across Pakistan, delivering in key cities as well as reaching many more young people from more remote and under-served areas of the country. I am delighted to have been able to witness the achievements of the hundreds of young participants taking part in the programme.”

Faraz Khan, SEED CEO and Co-founder said, “Enterprise Development is SEED’s core mandate, and we understand that young people can contribute immensely to this ecosystem. Hence, the pace, quality  and scale of Enterprise Challenge Pakistan is of utmost importance and we need to engage our budding entrepreneurs from a very early age as they have the potential to resolve the economic challenges and bring about an immensely noticeable change in the country’s economy.”

 Prince's Trust International is the most recent addition to The Prince's Charities, formally launched in 2015 to share the successful programmes and expertise of His Royal Highness The Prince of Wales's youth charity, The Prince's Trust.  Over 40 years The Prince's Trust has helped more than 870,000 disadvantaged young people across the United Kingdom to turn their lives around; three in four young people supported move into work, education or training.  
Prince’s Trust International works in partnership with the private sector, governments, and civil society in countries around the world to support young people aged 13-30 into work, education or training. By working with local partners Prince’s Trust International create opportunities for young people in communities around the world to thrive and support them to build their skills and confidence. 

ECP, an initiative of Prince’s Trust International, is executed in Pakistan by SEED Ventures as the local Founding and delivery partner. The competition also runs in Jordan and the United Kingdom. In its very first year the programme was delivered in  10 cities in Pakistan with over 300 students from 20 schools participating in the competition, supported by over 40 mentors. In two years, Enterprise Challenge Pakistan has been delivered in 28 cities and reached over 10,000 students with 675 participants in 2017.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. The company also recently launched Takaful business to cater to all Pakistanis.  



Thursday, October 5, 2017

BankIslami & Jubilee Family Takaful Launch Unique Bancatakaful Products

BankIslami & Jubilee Family Takaful Launch Unique Bancatakaful Products

BankIslami Pakistan has signed an agreement with Jubilee Family Takaful to Launch Bancatakaful products, Health Shield & Critical Illness plans.


These products are one of their kind to be launched in the local banking sector. BankIslami will fulfill customer’s Health and Critical illnesses Takaful needs through its nationwide network of over 320 branches in 105 cities.

The agreement was signed by Mr. Hasan A. Bilgrami – CEO BankIslami Pakistan and Mr. Javed Ahmed – CEO Jubilee Life Insurance.
Mr. Hasan A.Bilgrami speaking on the occasion, said, “We are pleased to be the first Islamic Bank to launch Health cover (Natural & Accidental) in partnership with Jubilee Family Takaful. We will continue to introduce new products to enhance our Shariah compliant product suite.”

Mr. Javed Ahmed, CEO of Jubilee Life Insurance commented, “Jubilee Life Insurance welcomes BankIslami as our new BancaTakaful Partner and this partnership is surely going to further enhance Takaful awareness in the country.”


Tuesday, September 19, 2017

CarFirst joins hands with Jubilee General Insurance for auto-insurance

CarFirst joins hands with Jubilee General Insurance for auto-insurance

CarFirst -Pakistan’s leading used-car trading platform has entered into a cross-selling partnership with Jubilee General Insurance for sale of auto-insurance to its customers and its strategic partners. The agreement signing ceremony was held at CarFirst’s Head Office on 12th September 2017. Auto-insurance will be available at all CarFirst purchase centers from 1st October, 2017.

The aim of this partnership is to provide customers relief from exorbitant repair costs for accidental damage, vandalism, or theft by facilitating them with Jubilee auto-insurance. Keeping in view the number of cars and car parts stolen past year, collaboration with Jubilee general insurance will benefit CarFirst’s customers by providing them with safe insurance. This collaboration is the first of its kind in the second-hand car market, and will pave the way for many exciting new auto-sector products and services to be made available at CarFirst.

Jubilee General Insurance’s partnership with CarFirst would enable potential car buyers to obtain hassle free insurance along with the purchase of their car. Auto insurance is often perceived as an extra expense and a tedious task to acquire but this collaboration, in the longer run, will add value and safety for its customers by meeting their required needs.

Commenting on this occasion, Raja Murad Khan, Co-Founder and CEO of CarFirst said, “We are proud to have Jubilee General Insurance on board. Our aim is to provide our sellers with a one-stop solution for all their auto needs, including complete auto-insurance. We hope that this partnership will be mutually beneficial for both JGI and CarFirst customers.”

While sharing his views regarding the collaboration, Tahir Ahmed, Managing Director and Chief Executive of Jubilee General Insurance stated that, “We are extremely delighted to join hands with CarFirst. Through this technology driven platform, our mutual potential customers will be able to secure their vehicle, which is a vital asset. Through Jubilee General’s Motor Insurance Android Application, one can avail insurance within a matter of minutes at extremely affordable rates.”

CarFirst provides car sellers a safe and hassle free process to get their cars inspected and sold at a fair price. CarFirst also provides a first of its kind online auction platform for used-cars in Pakistan. CarFirst’s App provides their private network of strategic partners the fastest way to find the perfect car that fits their buyers’ needs.



Thursday, July 27, 2017

Jubilee Life Insurance and Omar Associates, honored Pakistan’s national champions

Jubilee Life Insurance and Omar Associates, honored Pakistan’s national champions

Jubilee Life Insurance in partnership with Omar Associates, honored Pakistan’s national champions Sarfraz Ahmed, Rumman Raees, Fakhar Zaman and Hasan Ali

Karachi, July 27, 2017: Jubilee Life Insurance Company Limited, the leading insurance company of Pakistan, in partnership with Omar Associates, honored Pakistan’s national champions Sarfraz Ahmed, Rumman Raees, Fakhar Zaman and Hasan Ali from the winning team of the ICC Champions Trophy 2017 along with recently retired great Younis Khan in an event held at a local hotel. 

Pakistan’s victory at the ICC Champions Trophy 2017 has been the most talked about event for the country this year and rightly so. The team that ranked World’s eighth, fought valiantly against some of the world’s strongest teams and came out victorious in what was an incredible display of perseverance, focus and sheer resolution. 

The gala ceremony – intended to commend the spirit of the triumphant players and the team – was tagged “HEROES.VICTORS.CHAMPIONS!” where honourable Governor Sindh  Muhammad Zubair was the chief guest and squash legend Jahangir Khan as well as a number of former Pakistani cricketers attended the event. The ceremony was hosted by Dr. Noman Niaz and well known Journalist Sidra Iqbal while former cricketers Rashid Latif, Shoaib Ahmed, Tauseef Ahmed were also present.

The 40-year-old former Pakistani cricket captain Younis Khan was honoured for his overall outstanding performance and was decorated with a gold medal and a cash reward for his praiseworthy services for cricket. 

Mr. Nadeem Omar, owner of Omar Associates and founder of Quetta Gladiators franchise paid tribute to all legends including Jahangir, Younis, Sarfraz, Rumman, Fakhar and Hasan. Later Jahangir and Younis lauded the Champions in their speeches respectively. Quetta Gladiators’ players Kevin Pietersen, Luke Wright and Azhar Ali also paid tributes to Sarfraz and Quetta Gladiators management through video messages. 

Sarfraz presented Mr. Javed Ahmed, MD and CEO, Jubilee Life, with a memorabilia for his support to Quetta Gladiators in the PSL 2017.

Speaking to the audience, Mr. Javed Ahmed said, “I would like to appreciate Sarfraz Ahmed and team for their marvellous victory in ICC Champions trophy. Sarfraz showed his winning spirit and extraordinary leadership for leading the team to victory in the Champions trophy. I would like to wish a very good luck to our cricket team in all formats of cricket in the future and bring glory to Pakistan.”

To conclude the evening, famous singer Faakhir Mehmood gave an outstanding performance and sung the Quetta Gladiators’ theme song.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country.


Wednesday, February 22, 2017

Jubilee Life Insurance announces financial results - declares 115% final cash dividend & 10% Bonus

Jubilee Life Insurance announces financial results - declares 115% final cash dividend & 10% Bonus

KARACHI:  Jubilee Life Insurance Company Limited announced impressive financial results for the year ended December 31, 2016, recommending a Final cash dividend of 115% (Rs.11.50 per share), and a proposed bonus issue in the proportion of 10 (ten) shares for every 100 shares held, i.e. 10%. This is in addition to interim cash dividend of 30% declared earlier.  


The Company reported a pre-tax profit of Rs.3,152 million during the year as compared to Rs.2,442 million in 2015, representing an increase of 29%. The profit after tax was recorded at Rs.2,108 million, as compared to Rs.1,622 million during the year 2015, an increase of 30%. The earnings per share (EPS) increased from Rs.22.48 in 2015 to Rs.29.23 in 2016, an increase of 30%. The results were declared by the Board of Directors who met under the chairmanship of Mr. Kamal A. Chinoy to review the annual performance of the Company.

The year 2016 was also a landmark year for Jubilee Life, which completed twenty years of excellence in operations, besides various awards and accolades received during the year. 

Speaking about the financial results, Mr. Javed Ahmed, Managing Director & CEO Jubilee Life said, 
“Our results are a testament that Jubilee Life is committed to being the best-value life insurance enterprise not only for its customers and employees but also for shareholders.”

He added that Jubilee Life will continue to follow a strategy of high business growth with sustainable profitability.

Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and health insurance solutions for the less privileged of our country. 

Tuesday, January 10, 2017

Jubilee Life-Window Takaful Operations achieves the fastest One Billion Contribution in Family Takaful Business

Jubilee Life-Window Takaful Operations achieves the fastest One Billion Contribution in Family Takaful Business

Karachi: Jubilee Life Insurance, the country’s leading life insurance company, launched Window Family Takaful operations in 2015 and has successfully become the first Window Takaful Operator achieving the milestone of one billion rupees contribution within a record time.  

Speaking about this achievement, Javed Ahmed, CEO and MD, Jubilee Life Insurance said, “SECP’s decision of starting Takaful window operations was excellent for the industry as it has helped us increase the consumer base. Although, the percentage of people not opting for traditional insurance due to religion was always fairly low. Today, we stand even more determined to excel and with our focused strategy covering all growth areas resulting in continued success for the organization.”

The Company has been performing well and is leading the insurance industry with a growth rate of 41 percent in topline and 70 percent in bottomline. Jubilee Life pioneered in establishing the bancassurance channel of distribution and excelled it. The same channel was used for Window Takaful Operations as well to reach out to the masses and enhance penetration. This achievement reaffirms Jubilee Life’s position as the market leader and the most consumer friendly insurance and now takaful service provider.

Jubilee Insurance is a global brand of Aga Khan Fund for Economic Development (AKFED) that offers diverse insurance solutions (life, health and general) in the Asian and East African markets. Jubilee Life in Pakistan offers uniquely designed range of life and health insurance / Takaful plans, catering to various customer segments and needs. These include retirement, child education, marriage, saving & protection, wealth accumulation, life insurance/family Takaful plans for women, rural insurance/takaful plans and life and health insurance/takaful solutions for the less privileged of our country.


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