Karachi: America Life Insurance Company Limited informed Karachi Stock Exchange about election of directors in Annual General Meeting to be held on March 25, 2014 at Institute of Chartered Accountants of Pakistan, Karachi.
Numbers of persons who have offered themselves to be elected are the same as directed by the Companies Ordinance, 1984, hence they shall be elected in the AGM.
MetLife America Life Insurance Company Limited is an affiliate of MetLife, Inc. It incorporated in Pakistan on October 9, 1994 as a public limited company under the Companies Ordinance, 1984. The company commenced its operations after registration with the controller of insurance on April 30, 1995.
The company provides life, health and accident insurance, savings and retirement planning products to its customers. The shares of the company are quoted on the Karachi and Lahore Stock exchanges of Pakistan. The registered office of the company is located in Karachi.
The symbol “ALICO” is being used by the stock exchange for the shares of American Life Insurance Company Limited.