Reliance Insurance Company Limited

KASE:RICL Stock Report

Market Cap: PK₨815.1m

Reliance Insurance Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

A. Ahmed

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure29.2yrs
CEO ownershipn/a
Management average tenure1.4yrs
Board average tenure13.8yrs

Recent management updates

Recent updates

CEO

A. Ahmed

29.2yrs

Tenure

Mr. A. Razak Ahmed has been Chief Executive and Managing Director of Reliance Insurance Company Limited since November 1, 1995 and serves as its Executive Director.

Leadership Team

NamePositionTenureCompensationOwnership
A. Ahmed
CEO, MD & Executive Director29.2yrsno datano data
Ghulam Haider
Senior VP & CFO1.4yrsno datano data
Muhammad Memon
Chief Manager of Investment & Sharesno datano datano data
Muhammad Alam
Deputy Chief Manager of Administrationno datano datano data
Faraz Razzak
Company Secretary & Compliance Officer1.3yrsno datano data
Muhammad Ali
Chief Manager of I.T. Departmentno datano datano data
Abdul Patni
Chief Manager & Head of Reinsuranceno datano datano data
Muhammad Dhedhi
Executive Vice President of Business Plaza Branchno datano datano data
Nisar Chughtai
Senior Vice President of Al-Rehman Branchno datano datano data
Zafar Pasha
Executive Vice President of Tariq Road Branchno datano datano data
Muhammad Akhlaq
Senior Vice President of Taj Plaza Branchno datano datano data
Muhammad Anjum
Senior Vice President of Hasilpur Branchno datano datano data

1.4yrs

Average Tenure

Experienced Management: RICL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
A. Ahmed
CEO, MD & Executive Director29.2yrsno datano data
Zia Zakaria
Non-Executive Director4.7yrsno data0.0089%
PKR 72.5k
Noor Zakaria
Non-Executive Director22yrsno data5.29%
PKR 43.1m
Ahmed Ali Amin Bawany
Non-Executive Director24yrsno data4.24%
PKR 34.6m
Muhammad Omar Bawany
Non-Executive Director30yrsno data0.59%
PKR 4.8m
Irfan Bawany
Chairman of the Board34yrsno data6.18%
PKR 50.4m
Naeem Shafi
Independent Director5.7yrsno data0.0089%
PKR 72.5k
Muhammad Patel
Non-Executive Director5.7yrsno data0.0089%
PKR 72.5k
Tasneem Yusuf
Independent Director5.7yrsno data0.0089%
PKR 72.5k
Jahangir Adam
Independent Director5.7yrsno data0.0089%
PKR 72.5k

13.8yrs

Average Tenure

Experienced Board: RICL's board of directors are seasoned and experienced ( 13.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 19:36
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reliance Insurance Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution