Lahore: In a meeting held on March 12, 2026, the Board of Directors of the United Insurance Company of Pakistan Limited announced the financial results for the fiscal year ending December 31, 2025. The company reported a notable decline in its profit compared to the previous year, alongside significant corporate actions to bolster its financial standing.

For the year 2025, the company recorded a net profit of 1.51 billion rupees, a decrease from the 2.03 billion rupees reported in 2024. This represents a very large or significant move. The earnings per share for the year also fell to 3.62 rupees from the previous year’s restated figure of 4.87 rupees. Despite the decrease in profitability, the company achieved an underwriting result of 2.49 billion rupees, up from 2.13 billion rupees in 2024.

Management expenses saw an increase, amounting to 1.60 billion rupees in 2025, compared to 1.54 billion rupees in the previous year. The rise in these expenses contributed to the overall decline in profit. Additionally, the company reported an investment loss of 250.64 million rupees, contrasting with the income of 474.12 million rupees recorded in 2024.

Significant actions were taken by the Board of Directors, including the decision to capitalize 832.20 million rupees for the issuance of bonus shares at a rate of 20%, translating to 20 shares for every 100 shares held. No cash dividend or right shares were declared for the year. Furthermore, the Board proposed an increase in the authorized share capital from 5 billion rupees to 7 billion rupees, pending shareholder approval at the upcoming Annual General Meeting.

According to information available from the Pakistan Stock Exchange (PSX), the total comprehensive income for 2025 stood at 1.51 billion rupees, down from 2.05 billion rupees in 2024. The company’s total cash flow from all operating activities was reported at 266.62 million rupees, reflecting a moderate move from the previous year’s 1.74 billion rupees.

The 66th Annual General Meeting of the company is scheduled for April 25, 2026, at the PSX Auditorium in Karachi. Share transfer books will be closed from April 18 to April 25, 2026, to facilitate the meeting and any entitlements. The annual financial statements will be made available through Pucars at least 21 days before the AGM.

This announcement marks a strategic effort by the United Insurance Company to navigate challenging financial conditions while setting the stage for potential growth and stability in the coming fiscal year.