National Insurance Company Limited was incorporated in Pakistanon 31st March 2000 as an unquoted public limited company under the Companies Ordinance 1984 through NIC (Reorganization) Ordinance 2000. Major Objectives of National Insurance Company Limited » To provide insurance cover to the Government/Semi Government organizations at economical cost. » To reduce outflow of foreign exchange by reducing dependence on reinsurance abroad » To make significant contributions to public exchequer by payment of taxes & dividends. » To make prudent investments in public as well as private sector in order to obtain maximum returns.