Established in 1953, NJI is one of the
brightest and most reputable names in the insurance sector.
Sustained growth over half a century has secured NJI a place
among the “Big Three” Pakistani insurance in terms
of gross direct premium and financial base. NJI is listed
on the Karachi & Lahore Stock Exchanges. Major shareholders
include Aga Khan Fund for Economics Development and Hashoo
Group. NJI, with its Head Office in Karachi, has an extensive
and dynamic branch network in all major cities and towns of
Pakistan that guarantees prompt service at the customer’s
The company prides itself in its long-standing
reinsurance arrangements and relationship with international
renowned reinsurers such as Swiss Re, Munich Re, Lloyds, Hannover
Re and Mitsui Smitomo Re. The company is also supported by
internationally acclaimed reinsurance brokers including AON
Group, Willis, Marsh and UIB.
In 2003, NJI became the first Pakistani insurance company
to acquire a foreign company when it took over the Pakistan
operations of Commercial General Union. Together with AKFED,
NJI also acquired majority control of CU Life Assurance Company
of Pakistan Ltd.
At NJI, diversity is maintained through underwriting
all classes of general insurance including fire, marine, motor,
engineering, health and general accidents. NJI not only offers
wide risk coverage, but also provides related risk management
services delivered by highly qualified and experienced risk
managers. NJI has developed unique and innovative insurance
solutions to meet the growing consumer financing trends of
economy. From auto financing to personal loans, mortgages
to plastic cards, and trade finance to capital investment
finance, NJI has the customized solutions to secure entire
operations. Product range and transactions of all financial
As pioneers in Group Health Insurance, NJI continues to develop
new, flexible and customized plans to suit the diverse need
of our many blue chip Pakistani companies and multinational
With a broad spectrum of services available,
NJI’s client-base comprises prominent national and multinational
corporations operating in Pharmaceutical, Chemical, Textile,
Cement, Services (Hospital & Hotels), Oil & Energy,
Manufacturing, FMCG, Engineering, Banking and Financial sectors.
NJI’s business philosophy can be summed
up as Customer Protection, Customer Satisfaction and Customer
Trust. This is acquired largely by ability to handle claims
effectively. The customer focus and pro-active management
approach in all areas of business, allow NJI to underwrite
and handle claims in an expeditious and efficient manner.
The true test of soundness of insurance converge
is the duration of client relationships. This is proven by
the fact that many clients have been with us for over 40 years.
Clients are satisfied knowing that NJI is their best security.
the only company among the top insurers to secure and sustain
an Insurer Financial Strength Rating of “AA” both
by PACRA and JCR-VIS.”