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Table of Contents
Background Mission Statement Vision Organizational Chart Efu Group System Related Information Financial Statements Condensed Interim Balance Sheet Condensed Interim Profit and Loss Account Condensed Interim Statement of Comprehensive Income Condensed Interim Statement of Changes in Equity Condensed Interim Statement of Cash Flows Condensed Interim Statement of Premiums EFU Branches
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Background
In 1932, Mr. Ghulam Mohammad, a far sighted man, established Eastern Federal Union Insurance Company (EFU) with financial assistance from the Aga Khan III and the Nawab of Bhopal. Mr. Abdur Rehman Siddiqui became the founder chairman. The company was originally registered at Kolkata. In 1947, EFU found a new home in a new country. In Pakistan, EFU rapidly established itself as a progressive and innovative insurer. It gave the emerging insurance industry the leadership, the manpower and the drive needed to grow in a situation where at one time, three-fourths of insurance was held by foreign companies. By 1961, EFU had become the flag bearer of Pakistan's insurance industry on the world stage and the largest life company in Afro-Asian countries (excluding Japan) under the leadership of Mr. Roshen Ali Bhimjee. It remained so until 1972 when Life Assurance business in Pakistan was nationalized. Thereafter EFU operated solely as a General Insurance Company, and was subsequently renamed EFU General Insurance Limited. Now EFU General is the largest non-life insurance company in the country and the mother company of other insurance organizations of EFU Group. Traditionally the EFU name has become synonymous with progressiveness and prompts claim settlement and now the EFU being the largest insurance group provides a full range of general, life and health insurance services.
Vision
Our Vision is to make EFU Life one of the most respected and successful financial services organization in the world. Our strategy to achieve our vision is: build our core capabilities, serve our clients beyond their expectations, adhere to our core values and be a good corporate citizen. To continue our journey to be better than the best.
Mission
To provide services beyond expectation with a will to go an extra mile. In the process, continue to upgrade technology, human resource and reinsurance protection.
Values
Our philosophy is to be the leading company with service above par, with integrity, excellence and professionalism. Following are our core values: Integrity & Ethics Conduct business with ethics, dignity, fairness and transparency. Excellence We measure our performance by results but more by quality of service. Professionalism We believe professionalism is perfection. Business resources are utilized in a manner to achieve optimum returns on resources. Our people In EFU we work like a family. Everyone is treated with respect and without any discrimination. Corporate Social Responsibility We donate to various institutions in health and education sectors, for improving the lifestyle of common man.
EFU GROUP
EFU General Insurance Limited Rating AA Stable Outlook Shaping the future of insurance in Pakistan
EFU Life Assurance Limited ISO 9001 Certified Pakistans largest private sector life assurance company
Allianz EFU Health Insurance Limited Pioneer and Leader Pakistans only specialized health insurer
Oracle 11g Oracle Corporation Object Relational Database Management System (ORDBMS)
Front End Source Code Operating System Application Category DB/File Structure Hardware Platform Supporting Resources
Delphi Assembly language, C, C++ Windows 32 bit, 64bit Acquired System Oracle SODM Tuning Pack, Data Integrator Real Application Cluster
FINANCIAL STATEMENTS
Rawalpindi 2nd Floor, Ferozsons Building Rawalpindi Cantt Ph: 5514323 5563065
EFU House, Ground Floor 6-D Jail Road Lahore Ph: 35790757 D.G. Khan Street No.2 Block-Z Model Town Ph: 0642-469360 Bahawalpur Circular Road Ph: 2884624 Layyah Opposite Bank of Punjab Chowbara Road Layyah Hyderabad Al-Falah Chambers Jinnah Road Ph: 2611397
Multan Rajput Commercial Centre Ph: 4780372 45800901 Faisalabad Ahmed Plaza Bilal Road Faisalabad Ph: 2610363 Chichawatni 44 Railway Road Ph: 040-5486848 Rahim Yar Khan 7-Shaheen Market Shahi Road Ph: 5873794 Mardan Dr. Zawar Hussain Building 337-B The Mall Mardan Ph: 0937-862294
Quetta 42-Reagal Plaza Circular Road Quetta Ph: 2822926 Sialkot 1st Floor, Riaz Plaza Paris Road Sialkot Ph:4267001-3 Fax:052-4267583
Peshawar 7-10, Upper Ground Floor Azam Tower Jamrud Road Peshawar Ph: 5846120 Sukkur 9, Glammour Centre 1st Floor Mission Road Sukkur P.O. Box No. 179 Ph: 5823936 Fax:5626512
1) What is the background of EFU? 2) What is the vision of your company? 3) What is the mission statement of EFU? 4) What is the Accounting system of EFU? 5) What software is used by EFU? 6) What is your previous software? 7) What is the Hardware platform and OS of ORACLE? 8) Any Drawback of ORACLE? 9) What are the financial statements of EFU? 10) Tell us about EFU groups and their ratings?