Karachi: Askari Life Insurance Limited has announced a remarkable improvement in its financial performance for the year ending December 31, 2025, with a reported profit of 125,966,000 rupees. This marks a significant turnaround from the previous year’s loss of 165,240,000 rupees.
The financial results, dated May 20, 2026, reveal a substantial increase in the company’s gross premium and contribution revenue, which reached 3.28 billion rupees in 2025, compared to 2.02 billion rupees in 2024. This increase of 62.31% is classified as a very large or significant move. Net premium and contribution revenue also rose to 2.89 billion rupees from 1.69 billion rupees, driven by strategic growth in the company’s insurance offerings.
Investment and other income experienced a decrease to 347,208,000 rupees from 389,290,000 rupees in the previous year, reflecting a moderate move of -10.80%. Total income for the period increased to 3.24 billion rupees, up from 2.08 billion rupees, indicating a robust expansion in the company’s financial base.
According to information available from the Pakistan Stock Exchange (PSX), Askari Life Insurance Limited’s net insurance benefits expense increased to 436,249,000 rupees, up from 345,779,000 rupees in 2024. Total expenses also rose to 2.67 billion rupees from 1.72 billion rupees, underscoring the company’s expansion efforts and higher operational costs.
Despite these rising expenses, the company reported a profit before tax of 124,479,000 rupees, a substantial improvement from the 18,403,000 rupees recorded in 2024. The income tax expense stood at 1,487,000 rupees, compared to a negative tax expense of 3,280,000 rupees in the previous year, reflecting a normalized tax situation.
The reported earnings per share saw an increase to 0.84 rupees, up from 0.10 rupees in 2024, solidifying the company’s improved profitability. In terms of comprehensive income, Askari Life Insurance registered a total comprehensive loss of 114,095,000 rupees, which is a notable recovery from the 162,555,000 rupees loss in the prior year.
Askari Life Insurance’s financial recovery and strategic initiatives have positioned the company for continued growth in the designated market of life insurance, demonstrating resilience and adaptability amid challenging market conditions.