Karachi: The Habib Insurance Company Limited has announced a substantial increase in its financial metrics for the nine months ending September 30, 2026, as per the unaudited accounts revealed in the Directors' Review. This period has seen the Company's profit before tax ascend to Rs. 532.7 million from Rs. 230.3 million during the same timeframe last year.

The Company has reported a significant surge in its gross written premium, which escalated by 36%, rising from Rs. 3.0 billion to Rs. 4.1 billion. This growth in premiums has translated into a profit from underwriting activities, reversing last year's loss of Rs. 94.7 million to a profit of Rs. 77.0 million.

Investment and other income also saw a notable increase, climbing from Rs. 325.0 million to Rs. 455.7 million. The net profit after tax experienced a big move, advancing from Rs. 158.3 million to Rs. 372.8 million. Consequently, the earnings per share rose to Rs. 1.86 compared to Rs. 0.79 in the corresponding period.

According to information available from the Pakistan Stock Exchange (PSX), these financial results reflect a robust expansion in the designated market category, showcasing the Company's resilience and strategic growth amidst market conditions.

As the year draws to a close, the Company looks forward to confronting the challenges of the final quarter of 2026, aiming to sustain the momentum achieved thus far. The Directors remain optimistic that the progress observed will persist, ensuring a successful year-end closure.