RICL fundamentals

Reliance Insurance Co. Ltd. engages in the provision of general insurance. The firm offers fire, marine cargo, marine hull, motor, miscellaneous, engineering, bond and guarantee, terrism, and aviation insurances. It operates through the following segments: Fire, Marine, Motor and Miscellaneous. The Fire insurance segment includes damages caused by fire, riot and strike, explosion, earthquake, atmospheric damage, flood, electric fluctuation and terrism. The Marine insurance segment provides coverage against cargo risk, war risk and damages occurring in inland transit. The Motor insurance segment engages in the comprehensive car coverage and indemnity against third party loss. The Miscellaneous insurance covers against health, burglary, loss of cash in safe and in transit, travel, personal accident, money, engineering losses and other covers. The company was founded on November 4, 1981 and is headquartered in Karachi, Pakistan.