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Atlas Insurance limited

SWOT Analysis
Strengths

• It has very sound reinsurance arrangements with leading reinsurance companies


• Strong underwriting profit
• Managed by a team of professionals
• No Bad debts SECP (Rule no:58)
• Quick payment of claims
• Listed in stock exchange
weaknesses

• Lack of advertisement
• Limited area covered
• Lack of technical staff
• Non existence in Baluchistan and KPK
Threats
• Politically instability
• Tough competition in the market
• Decrease in the purchasing power of a
people
• Low rate of premium offered by other
companies
• Cyber security risk
Opportunities
• Latest technology can be used
• Trade agreement with China (Sea Pack etc)

• Good will
• Increase network of branches
Submission
Submit Claim Settlement
Loss Call AIL of required
of claim
claim form survey documents
Policy / Certificate No.
Insured name
Contact Person
Contact No.
Email address
Make & Model
Engine
Registration No.
Cause of loss
Date of loss
Location of loss
Estimated amount of loss
SR Insurance companies Rating
1 EFU General Insurance Company Limited AA+

2 Jubilee General Insurance Company Limited AA+

3 Adamjee Insurance Company Limited AA+

4 IGI Insurance Company Limited AA

5 Altas Insurance Company Limited AA

6 Pakistan Reinsurance Company Limited AA


Chart Title
0.029

0.971

Atlas Others
Chart Title

2%

25%

INVESTMENT
CASH AND BANK BALANCE
CURRENT ASSETS
56%
FIXED ASSETS AND OTHER ASSETS

17%
Chart Title

17%
25%

share capital
reserves and retained earnings
currenr liabilities
non-current liabilites

21% 37%