Rawalpindi: On August 28, 2025, Askari General Insurance Co. Ltd. announced financial results for the half-year ending June 30, 2025, following a Board of Directors meeting. The company declared an interim cash dividend of Rs. 2.50 per share, marking a 25% payout to shareholders, with no previous interim dividends issued this year. Shareholders registered by September 8, 2025, will be entitled to this dividend, with share transfer books closing between September 9 and 10, 2025.
The company’s unconsolidated condensed interim statement of financial position, as of June 30, 2025, reveals notable changes compared to December 31, 2024. Total assets increased from 8.43 billion to 9.90 billion, a very large or significant move, driven by gains in property, equipment, and insurance receivables. Property and equipment values rose to 504.26 million from 357.37 million, while insurance/reinsurance receivables saw a very large or significant move, rising to 2.64 billion from 1.58 billion.
According to information available from the Pakistan Stock Exchange (PSX), the company’s equity securities investment showed a moderate move decreasing to 1.51 billion, while debt securities saw a minor move decreasing to 2.00 billion. Cash and bank balances displayed a minor move, slightly increasing to 433.13 million from 430.66 million.
Total liabilities also experienced a very large or significant move, rising to 6.45 billion from 5.01 billion, attributed to increases in underwriting provisions and unearned premium reserves. Notably, unearned premium reserves made a very large or significant move, climbing to 3.08 billion from 2.08 billion. Liabilities against right-of-use assets saw a very large or significant move, increasing to 411.81 million from 154.81 million.
The equity position of the company remained stable with a minor move, with total equity recorded at 3.19 billion from 3.17 billion. The board reported no issuance of bonus or right shares and indicated no other corporate actions or price-sensitive information. The financial results reflect Askari General Insurance Co. Ltd.’s robust asset growth and strategic management amid market conditions, classified under the designated market category of insurance.