American life insurance companyAmerican life insurance company (ALICO) has started its operations in Pakistan in 1952 and continued until 1972, when the life insurance industry was nationalized. At that time, American life insurance company (ALICO) issued 72,000 policies and has invested more than $ 36 million in its economy. After denationalization American life insurance company (ALICO) became the first foreign life insurance which had been licensed to operate in 1994 in Pakistan. It began
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