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Adamjee Insurance Co (KAR:AICL) Altman Z-Score


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What is Adamjee Insurance Co Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Adamjee Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Adamjee House, 80/A, Block E-1, Main Boulevard Gulberg-III, Lahore, PAK, 54000
Adamjee Insurance Co Ltd is an insurance company engaged in providing insurance to various categories of businesses such as Fire and Property, Marine Aviation and Transport, Motor, Accident and Health, and Miscellaneous Insurance. Some of AICL's high-risk-value projects include the risk-coverage provision to Petrochemical Factories and Industrial Risk projects. It has five primary business segments for reporting purposes namely Fire & property, marine aviation & transport, motor, accident & health, and others including miscellaneous.