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      Review of the Chairman Statement


In the name of Allah, the most beneficent and the most merciful.

Dear Shareholders,
Ladies and gentlemen,

Assalamu Alaikum Wa-Rahmatullah.

It is my pleaswee to welcome you all to the 16th Annual General Meeting (AGM) of Fareast Islami Life Insurance Company Limited and place before you companys’ Financial Statements and also the Performance of the year 2015. Striding into the 15th year of business operation, Fareast Life Insurance can proudly announce that it has incessantly contrived optimum value index for its Shareholders from the very outset of the company.

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       Message from the Chief Executive Officer


 

Bismillahir Rahmanir Rahim.

Dear Shareholders,

Assalamu Alaikum Wa-rahmatullah.

On behalf of the corporate Management of Fareast Islami Life Insurance Company Limited, I am Pleased to announce that FILIC has emerged to stronger than ever this year, with solid business performance and a strong balance sheet, which was achieved through hard work , prudent resource management as well as the ability to adapt to a changing business environment. Our total business earned in the year 2015 is 851 crore which exceeded the all time records.

It gives me emense Pleasure to connect with you once again. Last financial year has been significant for Fareast Islami Life Insurance Company Limited. A year that will be known in the history of FILIC as the year of transformation, not just for FILIC but the life insurance industry at large. This change is reflective of our endeavour to build a Trust surplus organization that will epitomize a culture of customer centricity at FILIC shaping the organisation into a successful business model for the future.

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