Karachi: Century Insurance Company Limited has announced its un-audited financial results for the half-year ending June 30, 2025, revealing an improved operational performance despite a decline in investment income. The results were presented on August 29, 2025, on behalf of the Board of Directors in a detailed directors’ review.

The company reported an increase in its gross written premium, inclusive of takaful contributions, which rose by Rs. 105 million to Rs. 1.37 billion, marking a significant operational improvement compared to the same period last year. Net premium also showed a considerable rise, increasing by Rs. 127 million to Rs. 766 million, reflecting the company’s strategic efforts in enhancing its core insurance operations.

Despite these gains, the company experienced a decrease in investment and other income, which fell by Rs. 71 million to Rs. 264 million. This decline was attributed to a significant drop in interest rates during the period, which affected the company’s investment returns.

According to information available from the Pakistan Stock Exchange (PSX), the company’s underwriting profit increased by Rs. 34 million to reach Rs. 112 million, indicating a strong performance in its underwriting activities. However, the profit from window takaful operations decreased by Rs. 4 million to Rs. 44 million.

The company’s profit before tax decreased by Rs. 47 million, resulting in a profit after tax of Rs. 250 million, while earnings per share were reported at Rs. 4.52. These figures demonstrate a moderate move in the company’s overall profitability compared to the previous year.

The participant takaful fund reported a growth in gross written contribution, which amounted to Rs. 182 million, while the operator’s fund recorded a gross wakala fee income of Rs. 63 million. This performance underscores the company’s ongoing efforts to sustain growth in its takaful operations.

As of June 30, 2025, Century Insurance’s total assets amounted to Rs. 6.46 billion, with equity and liabilities reflecting a comprehensive financial structure conducive to its operational strategies. The company remains focused on increasing its market share and profitability, aiming for steady growth in the future.

The management acknowledged the efforts of its employees, the support of clients, and the guidance from the Securities & Exchange Commission of Pakistan (SECP), as well as the confidence of reinsurers and shareholders in the company.