The company held its 2012 Annual General Meeting (AGM) on 29th March 2012. Except for Mr.Ahmed Niyaz, all the other directors attended the meeting.
During the meeting, Mr.Abdul Wahid presented the 2011 Directors report. The year 2011 was another year of growth for Allied Insurance Company. Allied insurance is the market leader and it further strengthened its market position with 41.74% growth in sales and 15.98% growth in profit.
The dividend was declared and PricewaterhouseCoopers were appointed as the external auditors of the company for the year 2012.