By 1961, the EFU was the largest insurance company not only in Pakistan but also in all of Afro-Asia excluding Japan. It remained so until 1972 when life insurance in Pakistan was nationalized. From this time onwards EFU operated solely as a general insurance company.
EFU General is managed by a team of experienced insurance professionals with strong support from service departments such as Finance, Technical and Human Resource Developments. The Managing Director of the Company has international experience of running the general insurance operations of an insurance company based in the United Arab Emirates (UAE).
In 1992, the Government of Pakistan opened up life insurance to the private sector and EFU Life Assurance Ltd was incorporated in 1992 as the first private sector life insurance company.
The third company in the EFU Group is Allianz EFU Health Insurance Ltd., which is dedicated to providing health insurance to individuals and corporations. It is a joint venture with Allianz of Germany, one of the largest insurance companies of the world. Allianz EFU Health is Pakistan's first specialized health insurance provider.
EFU is the leading insurance group in Pakistan providing a full range of insurance services. This includes life, health and general insurance. |
