Shaheen Insurance is a project of Shaheen Foundation set up by Pakistan Air Force and was incorporated as a public limited company in 1996 under Companies Ordinance 1979 and is involved in general insurance business. The Shaheen Foundation (PAF) now holds the major shareholding of the company.
We are a public limited company and are listed at all the three stock exchanges of Pakistan. The Company started its operation with an initial paid-up capital of Rs.20 million which at present is Rs 600 Million. Our equity base is increasing every year since we started our operations. As from its inception, the Company’s performance remained excellent despite various ups & downs through the years.
The Company is run by a team of professionals and is one of the most well managed companies in the market. Despite the fact that we are a relatively new company we have a very impressive list of corporate and multinational blue chip clients on our book. In a brief span of 18 years we have built up a good image in the market. Shaheen Foundation, major shareholder takes very keen interest in our strategic management and formulation of our future plans. We are optimistic about our future business prospects and strongly feel that our company will grow substantially in the years to come because of the positive economic climate and also because of the active support of the Shaheen Foundation (PAF), clients and re-insurers.
Shaheen Insurance proven as one of the most reputable and brightest names in the insurance sector since it started operations and its sustained growth over the last 18 years has secured a place among the reputed insurers of Pakistan.
The small and well-knit Shaheen team offers its personalized and efficient services to all its valued clients because it strongly believes that a satisfied claimant is the most effective advertisement for an insurance company.