To minimize financial risk of property damage through insurance business
To mobilize internal resources and capital for national development
To reduce foreign exchange burden in the national economy
Major Functions:
To do non-life insurance business
To do reinsurance business in the country and abroad
Appointing, arranging, training day intermediaries, agents, brokers, surveyors, loss adjusters, investigators, etc. in the non-life insurance business
Acting as an agent, representative or broker of a reinsurer and a GSA of a foreign insurer
To invest the income earned from the business by identifying profitable areas
To act as a promoter of subsidiaries and other companies in areas that support the development of the national economy, including agriculture, industry, tourism, finance and housing
To enter into agreements with domestic and foreign companies and individuals regarding insurance and reinsurance and to participate in such agreements. To hand over the insurance policy and to do as per their need and desire
Doing other necessary work to fulfill the purpose of the company
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