Karachi: Atlas Insurance Limited has released its quarterly report for the period ending September 30, 2026, showing significant growth across various financial metrics. The report, dated October 30, 2026, highlights a notable increase in the company's gross premium and net profit.
The gross premium rose to 6.67 billion rupees from 6.05 billion rupees in the same period last year. This represents a significant move in the company's revenue stream. Concurrently, the gross contribution increased to 1.44 billion rupees from 954.25 million rupees, indicating robust business performance.
Net premiums also saw an upward trend, reaching 2.97 billion rupees from 2.54 billion rupees, while net claims increased to 892.58 million rupees from 775.49 million rupees. Investment and other income grew to 1.51 billion rupees from 1.28 billion rupees, contributing positively to the company's financial results.
According to information available from the Pakistan Stock Exchange (PSX), Atlas Insurance Limited's financial outcomes for the quarter include a profit before tax of 2.50 billion rupees, up from 2.16 billion rupees in the previous year. The income tax expense for the period was 917.00 million rupees, resulting in a profit after tax of 1.58 billion rupees, compared to 1.30 billion rupees a year ago.
The company's management expenses increased to 1.17 billion rupees from 972.09 million rupees, while net commissions rose to 86.54 million rupees from 80.82 million rupees. These figures reflect a moderate move in operational costs.
The directors, in their review, expressed appreciation to clients, bankers, reinsurers, and the Securities and Exchange Commission of Pakistan (SECP) for their continued support. The company's officers, staff, and field force were also commended for their dedicated services.