Pakistan General Insurance Adopts New Auditing Measures and Introduces Digital Distribution of Annual Reports

Lahore, At the Annual General Meeting held on May 28, 2024, in Lahore, members of The Pakistan General Insurance Company Limited passed several key resolutions affecting the company’s operations and communication methods. According to information available from the Pakistan Stock Exchange (PSX), the company has decided to adopt the audited financial statements for the year ended December 31, 2023, along with the Board of Directors and Auditors’ reports. Furthermore, M/s. Mushtaq & Co. Chartered Accountants have been appointed as the company’s auditors until the next Annual General Meeting scheduled for 2024. In a move towards digital transformation, the company also approved the distribution of its Annual Report through QR-enabled codes, eliminating the need for physical copies. This change complies with the SEC Pakistan’s directive issued in March 2023.