Karachi: Century Insurance Company Limited has reported its financial results for the quarter ending September 30, 2026, showing a decrease in profit after tax compared to the same period last year. The report, released on October 27, 2026, revealed that the company experienced a profit after tax of 117.29 million rupees for the three-month period, down from 167.97 million rupees in the same quarter of 2025.

The company's net insurance premium for the three months increased to 489.01 million rupees from 405.35 million rupees in the previous year, reflecting a significant move. However, net insurance claims also rose slightly to 247.30 million rupees from 244.06 million rupees. The underwriting results for the quarter improved to 140.52 million rupees compared to 46.38 million rupees last year.

Investment income saw a notable decline, dropping to 29.40 million rupees from 196.52 million rupees in the previous year. This decline contributed significantly to the overall decrease in profit before tax, which fell to 194.49 million rupees from 257.66 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company's management expenses increased to 144.49 million rupees from 125.20 million rupees, while insurance claims and acquisition expenses decreased to 203.99 million rupees from 233.76 million rupees. The net commission and other acquisition costs rose to 43.30 million rupees from 10.30 million rupees, indicating a big move.

The company's total income tax expense decreased to 77.19 million rupees from 89.69 million rupees in the third quarter of the previous year. Earnings per share also decreased to 2.12 rupees from 3.04 rupees.

For the nine-month period ending September 30, 2026, the company reported a profit after tax of 321.57 million rupees, down from 417.94 million rupees in the corresponding period of the previous year. The net insurance premium for the nine months increased to 1.34 billion rupees from 1.17 billion rupees, while the investment income decreased to 179.19 million rupees from 444.09 million rupees.

The company's results of operating activities for the nine months stood at 452.60 million rupees compared to 610.34 million rupees in the previous year. The earnings per share for this period fell to 5.81 rupees from 7.55 rupees.

Century Insurance Company Limited continues to navigate through challenging economic conditions, as reflected in their financial performance for the third quarter of 2026.