The United Insurance Company of Pakistan Limited

KASE:UNIC Stock Report

Market Cap: PK₨5.6b

United Insurance Company of Pakistan Management

Management criteria checks 1/4

United Insurance Company of Pakistan's CEO is Mohammad Shahid, appointed in May 2021, has a tenure of 3.67 years. directly owns 5.5% of the company’s shares, worth PKR313.57M. The average tenure of the management team and the board of directors is 3.8 years and 2 years respectively.

Key information

Mohammad Shahid

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.7yrs
CEO ownership5.5%
Management average tenure3.8yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO

Mohammad Shahid

3.7yrs

Tenure

PK₨2,100,000

Compensation

Mian Mohammad Akram Shahid serves as the Chief Executive Officer and Managing Director at SPI Insurance Company Ltd. (formerly known as Saudi Pak Insurance Company Ltd.). He serves as Director at The Unite...

Leadership Team

NamePositionTenureCompensationOwnership
Mohammad Shahid
CEO & Chairman3.7yrsPK₨2.10m5.5%
PKR 309.8m
Khawas Niazi
President & Directorno datano data0.0084%
PKR 471.6k
Maqbool Ahmed
Chief Financial Officerno datano datano data
Amir Hameed
COO & Executive Director3.8yrsno datano data
Ali Bhatti
Chief Compliance Officer and Head of Compliance & Risk Managementno datano datano data
Wakeel Mirza
General Manager of HR & Rno datano datano data
Raja Tariq
Executive Director of Finance & Head of Takaful Operations4yrsno datano data
Tajammal Iqbal
Head of Conventional Businessno datano datano data
Shakeel Ahmed
Head of Takaful Business & Deputy MDno datano datano data
Huma Waheed
Female Executive Directorno datano data0.0064%
PKR 358.9k
Mohammad Arshad
Chief Manager of Webno datano datano data
Syed M. Imam
Head & Senior Executive Director of Underwritingno datano datano data

3.8yrs

Average Tenure

Experienced Management: UNIC's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mohammad Shahid
CEO & Chairman3.7yrsPK₨2.10m5.5%
PKR 309.8m
Khawas Niazi
President & Directorno datano data0.0084%
PKR 471.6k
Huma Waheed
Female Executive Directorno datano data0.0064%
PKR 358.9k
Mohammed Sadiq
Non-Executive Director3.3yrsno data0.0033%
PKR 185.4k
Abdul Shahid
Directorless than a yearno datano data
Ihsan ul Khan
Directorless than a yearno datano data

2.0yrs

Average Tenure

Experienced Board: UNIC's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 15:11
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

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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

The United Insurance Company of Pakistan 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