Karachi: Reliance Insurance Company Ltd. announced its interim financial results for the half-year ending June 30, 2025, following a board meeting held on August 28, 2025. The company reported that no interim cash dividend or bonus shares will be distributed. According to the unaudited financial statements, there was a moderate move in the company’s financial position during this period.
The company’s total assets increased from the previous period, reaching 3.25 billion, compared to 3.18 billion as of December 31, 2024. The equity attributable to the company’s shareholders showed a big move, escalating to 1.72 billion from 1.57 billion at the end of 2024. This increase was driven by a rise in ordinary share capital and unrealized gains on revaluation of available-for-sale investments.
On the liabilities side, there was a moderate move in underwriting provisions, which decreased to 794.24 million from 866.70 million, reflecting changes in outstanding claims and unearned premium reserves. Meanwhile, total liabilities stood at 1.53 billion, marking a minor move from the previous period’s figures.
According to information available from the Pakistan Stock Exchange (PSX), Reliance Insurance’s net insurance claims and acquisition expenses saw a moderate move, decreasing from the previous period. Management expenses also experienced a big move, decreasing to 54.31 million. Underwriting results noted a moderate move with a decline, while net investment income experienced a very large or significant move, increasing to 115.12 million.
The company’s profit before taxation reached 114.23 million, marking a big move from the previous period. However, the profit after tax experienced a significant shift, decreasing to 55.70 million. Earnings per share saw a similar decline, moving from 1.08 to 0.55.
Reliance Insurance’s financial performance during the first half of 2025 demonstrates a mix of moderate and big shifts across its assets, liabilities, and profitability, reflecting the company’s current market position within the financial services sector.