In the early 30s.under the insperation of the quaid-e-azam mohamamd ali jinnah, there began to appear signs of economic renaissance of the Muslims of india. Shipping . airline. banking nad insurance companies made their debut. in 1932 in calcutta this company was established with financial assistance from the aga khan and nawab of bhopal the company named EFU(eastern federal union insurance company, in 1947, on the birth of pakstan.EFU found a new home.in 1961 EFU had become the flag bearer of pakistan's insurance industry in the world stage. in 1972 efu was nationalized in on 8th november 1992.efu life was the first life insurance company to be granted a license. in 1993 started group life products and in march 1994 launced individual life insurance products.efu life is the ist pakistani insurance company to be awarded the ISO 9001 CERTIFECATION which is an internationally recongnized quality assurance system.