⚡ Flash Summary
Atlas Insurance Limited (ATIL) reported its Corporate Briefing Session on November 27, 2025. The company was founded in 1934 and taken over by Atlas Group in 1980. The company commenced “Window Takaful Operation” in March 2016. PACRA has assigned an Insurer Financial Strength (IFS) rating of “AA+” to ATIL. The company achieved a landmark of Rs. 1 Billion profit after tax in 2023 and achieved Rs. 1 billion profit from core business in 2024.
📌 Key Takeaways
- 📅 Corporate Briefing Session held on November 27, 2025.
- 🏢 Founded in 1934 as The Muslim India Insurance Company Limited.
- 🤝 Taken over by Atlas Group in 1980 and rebranded in 2006.
- 🛡️ Maintains a strong position among leading general insurance companies in Pakistan.
- ✨ Offers diversified products with unique features through a wide network of branches.
- 🏦 Commenced “Window Takaful Operation” in March 2016.
- ⚖️ Offers Sharia-compliant products under supervision of a certified Sharia Advisor.
- ⭐ Insurer Financial Strength (IFS) rating of “AA+” by PACRA.
- 💪 Denotes a very strong capacity to meet policyholders’ and contract obligations.
- 🏆 Awarded “Best Corporate Report Award” multiple times by ICAP and ICMAP.
- 🌍 Awarded South Asian Federation of Accountants (SAFA) “Best Presented Accounts Award”.
- 💸 Achieved landmark of Rs. 1 Billion profit after tax in 2023.
- 📈 Crossed Rs. 5.0 bn GWP & Contribution in 2022.
- 💰 Achieved Rs. 1 billion profit from core business in 2024.
🎯 Investment Thesis
Given the positive trends in revenue, profitability, and financial strength, Atlas Insurance appears to be a HOLD. However, this recommendation is based on limited information, and a more comprehensive analysis would be required to determine a specific price target. Further analysis should be conducted to quantify and assess risks.
Disclaimer: AI-generated analysis. Not financial advice.