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Adamjee Insurance secured 1st place in the 2023 Best Corporate & Sustainability Report Awards by ICAP & ICMAP for the Insurance Sector, its fourth consecutive win.

News Desk by News Desk
October 21, 2024
Adamjee Insurance secured 1st place in the 2023 Best Corporate & Sustainability Report Awards by ICAP & ICMAP for the Insurance Sector, its  fourth consecutive win.
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Lahore, October 21, 2024: Adamjee Insurance Company Limited, Pakistan's leading insurer, has once
again secured the prestigious first place in the insurance category at the 2023 Best Corporate & Sustainability Report (BCSR) Awards. Organised by the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP), this marks the fourth consecutive year that Adamjee Insurance has been recognised for its excellence in corporate governance and sustainability reporting. The award was presented to Muhammad Asim Nagi, Chief Financial Officer of Adamjee Insurance, by the Chairman of the Securities and Exchange Commission of Pakistan (SECP), along with council members from ICAP and ICMAP. This event underscores the importance of transparency, regulatory compliance, and sustainability within Pakistan's corporate environment. Muhammad Ali Zeb, Chief Executive Officer of Adamjee Insurance, remarked, “It is a great honor to receive this prestigious award, which highlights our commitment to strong corporate governance, transparency, and excellence in reporting. I would like to extend my heartfelt appreciation to our dedicated employees and stakeholders, whose hard work and support have been instrumental in achieving this success.” Adamjee Insurance’s consistent recognition at the BCSR Awards highlights its leadership in promoting transparency and ethical business practices in the insurance industry. The company’s corporate reports adhere to the highest standards of accuracy, timeliness, and regulatory compliance, ensuring that shareholders and stakeholders receive reliable and comprehensive information.
This award not only reflects Adamjee Insurance’s dedication to upholding its corporate responsibilities but also reinforces its commitment to sustainable business practices. The company continues to focus on integrating environmental, social, and governance (ESG) factors into its core operations, ensuring long-term value creation for all its stakeholders. With a legacy of over 64 years in the insurance industry, Adamjee Insurance remains committed to maintaining its position as a trusted leader in the sector, delivering innovative insurance solutions, and promoting a culture of accountability and sustainability across its business operations.

About Adamjee Insurance Company Limited: Adamjee Insurance Company Limited, established in 1960, is one of Pakistan’s largest general insurance companies, offering a diverse range of insurance products including fire, marine, motor, health, travel, livestock and engineering insurance as well as a Shariah-compliant Islamic window takaful operations. Dedicated to providing comprehensive insurance and takaful solutions backed by superior customer service and technical expertise, Adamjee Insurance has a strong presence across Pakistan and is
expanding into the United Arab Emirates.

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