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Insurance is a risk transfer mechanism. It’s a method of shifting the responsibility for losses to specialists (insurance companies) who handle the risk by spreading it over a large number of people or firms.

A system of protection against loss in which a number of individuals agree to pay certain sums of money, called premiums, to create a pool of money which will use the contribution of these individual to pay the losses of the few caused by events such as fire, accident, illness, or death.
 


HASANALI ABDULLAH (Chairman of Insurance Association of Pakistan)

Mr. Hasanali Abdullah is a Chartered Accountant by profession. He joined EFU in June 79 He is presently Joint Managing Director of the Company and member of the Board of Directors since July 1996. He is also Director of other companies of the group i.e. EFU Life Assurance Ltd. and Allianz EFU Health Insurance Ltd.

He oversees the Finance, Corporate matters, taxation and investments of the group companies. He has attended various courses and seminars on finance, taxation, corporate law, information technology, insurance and takaful etc. within and outside Pakistan.

In addition to the Directorship of EFU Group companies he is Director of Tourism Promotion Services (Pakistan) Ltd. owner of Serena Hotels in Pakistan, Honorary Treasurer of Aga Khan Hospital & Medical College Foundation and member of the National Committee of Pakistan of Aga Khan University Foundation, Geneva.

He was member of the Taxation sub-committee of Insurance Association of Pakistan for past many years.

He has recently been elected Chairman of Insurance Association of Pakistan.

News & Reviews

IAP ELECTION 2008-09

1. Election Schedule 2008-09
2. Election Circular 2008-09
3. Voter List
4. Provisioanl List of Voters
5. Final List of Voters
6. List of Cndidates Contesting the Election-2008-09
7. Final List of Candidates


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