Jubilee Insurance (Pakistan)

Jubilee Insurance (جوبلی بیمہ) is a Pakistani general and life insurance company headquartered in Karachi. It is a subsidiary of Swiss for-profit organization Aga Khan Fund for Economic Development. , it was one of the largest insurance companies in Pakistan.

History
Jubilee Insurance was incorporated as New Jubilee Insurance Company Limited by the Fancy family in May 1953. In 1955, it was listed on the Karachi Stock Exchange. The life insurance business was nationalised in 1972 and later Fancy family sold it to the Hashwani family.

In 2002, the Aga Khan Fund for Economic Development acquired the Pakistani operations of CGU International Insurance plc. CGU International Insurance founded life insurance business in Pakistan in 1995.

In 2011, New Jubilee Insurance was renamed as Jubilee Insurance.

In 2015, Jubilee entered the Takaful insurance market in Pakistan.

On July 29, 2020, Jubilee was awarded the Effie Award in the insurance category.