Rawalpindi: Askari Life Assurance Company Limited announced its financial results for the fiscal year ending December 31, 2025, exhibiting substantial asset growth and notable improvements in profitability. On March 17, 2026, the company’s Board of Directors convened in Rawalpindi and reported that no entitlements, including cash dividends, bonus shares, or rights shares, were recommended for shareholders.
The company’s Annual General Meeting is scheduled for April 29, 2026. Share transfer books will remain closed from April 23 to April 29, 2026, with the annual report set to be distributed at least 21 days prior to the meeting through PUCARS.
Askari Life’s assets surged to 4.31 billion rupees from 2.95 billion rupees in 2024. This growth was driven mainly by increased investments in government securities and open-ended mutual funds. The equity securities investment alone increased to 311.14 million rupees, a very large move from 14.13 million rupees in the previous year.
The company’s total equity rose to 623.53 million rupees, a significant increase from 509.43 million rupees in 2024. The improved equity position was supported by a reduction in accumulated loss and a rise in retained earnings.
Insurance liabilities also saw a substantial rise, increasing to 2.85 billion rupees from 1.83 billion rupees, largely contributing to the growth in total liabilities, which reached 3.69 billion rupees.
The profit for the year amounted to 125.97 million rupees, showcasing a very large move from the previous year’s 15.12 million rupees. Total comprehensive income for the year stood at 114.10 million rupees, compared to 12.66 million rupees in 2024.
According to information available from the Pakistan Stock Exchange (PSX), the company’s net premium revenue increased to 2.89 billion rupees, reflecting a big move from 1.69 billion rupees in the prior year. This was complemented by a profit before tax of 123.94 million rupees, which marked a substantial improvement from 18.26 million rupees in 2024.
Earnings per share rose significantly to 0.84 rupees from 0.10 rupees, underscoring the company’s enhanced financial performance over the year.