The Company was incorporated as a Public Limited Company on September 2, 1932 and is engaged in general insurance business comprising of fire, marine, motor and engineering etc. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. It has over 60 branches throughout the country. EFU is one of the few Pakistani organizations run totally by professional management and highly motivated field force. Policies accepted by all financial institutions in the country. Insurer Financial Strength Rating: AA Stable Outlook (Rating Agency: JCR-VIS). Client-base comprises of many leading business houses and multinational companies. Another unique feature of EFU is a voluntary review mechanism by professionals of international repute. The independent reviews by these professionals enable the company to keep abreast of international changes in the industry as well as ensure that management adopts the best international practices. Another pillar of EFU's strength is its very close and long-term (over 50 years) relationship with its main re-insurer, ‘Munich Re’, one of the largest reinsurance companies in the world EFU 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.