NEW JUBILEE LIFE INSURANCE
New Jubilee Life Insurance Company Limited (NJI Life) is a subsidiary of the Aga Khan Fund for Economic Development (AKFED), Switzerland. It was incorporated in Pakistan on 29 June 1995 as a Public Limited Company under the Companies Ordinance 1984. Its shares are quoted on the Karachi Stock Exchange. The Company started its business on 20 June 1996. Paid Up Capital of the company is Rs. 627 million.
AKFED is active in the fields of Industry, Financial Services, Tourism Development and Infrastructure in South and Central Asia and sub-Saharan Africa.
NJI Life’s Vision is to be the best managed insurance company in Pakistan while its Mission is to assure financial security, create awareness and achieve excellence in all aspects of life insurance business creating value for all the stakeholders. Its Core Values include Ethical and Legal Behavior, Customer Focus, Profitability & Cost Consciousness, Employee Development, Teamwork, Positive Attitude, Continuous Improvement, Innovation, Speed & Responsiveness.
NJI Life enjoys competitive edge over other players in the market with highest ratio of customer loyalty among all life insurance companies, uniquely designed plans for each individual customer, complete range of products for individual and corporate customers and backing of world’s largest reinsurance companies.