EFU Life is the largest private sector life insurance company in Pakistan. Established in 1992, EFU Life enjoys a market share of more than 50% of the private sector life premium income. The Company is also the first life insurance company in the country that has been assigned an Insurer financial strength rating. In 1992, the Government of Pakistan reopened the life insurance business to the private sector organizations and EFU Life Assurance Ltd was incorporated in November 1992 as the first private sector life insurance company. In early 1993, EFU Life commenced writing group life insurance business and by March 1994, the company began writing its individual life business. EFU Life is managed by a team of professionals with extensive life insurance experience in the United Kingdom. This has helped the Company establish a professional culture unique amongst life insurance business in Pakistan. The Company has a growing branch network of 72 branches through out the country with employee strength of over 1,600 personnel in its sales force and around 150 personnel at its main offices in Karachi and Lahore. The company employs 5 full time actuaries and also has an active involvement of one of the leading actuarial firms in the country. EFU Life is the first life insurance company in Pakistan to be awarded the ISO 9001:2000 certification Today, EFU Life continues to be the largest private sector life insurance company in Pakistan. In 2005, EFU Life�s premium income was Rs. 2.5 billion. The Company enjoys a market share of over 50% of the private sector life premium income.