IGI Life Insurance Limited Reports No Dividends as Year-End Financials Show Mixed Results

Lahore: IGI Life Insurance Limited recently disclosed its financial performance for the fiscal year ending December 31, 2025, revealing a varied financial landscape. The Board of Directors, during their meeting on March 24, 2026, decided against declaring any cash dividends, bonus shares, or rights shares for shareholders. The meeting also confirmed the absence of any other entitlements or corporate actions.

The company’s upcoming Annual General Meeting is scheduled for April 30, 2026, in Karachi, with share transfer books closing from April 24 to April 30. Shareholders must have their transfers completed by April 23 to be eligible for any entitlements. The annual report will be accessible through the PUCARS system and on the company’s official website at least 21 days before the AGM.

The company’s total assets increased to 43.66 billion rupees from 38.94 billion rupees in the previous year. Major asset components included property and equipment valued at 277.81 million rupees and investments in mutual funds totaling 23.36 billion rupees, a significant rise from 10.95 billion rupees in 2024. Conversely, investments in government securities decreased from 23.40 billion rupees to 14.73 billion rupees.

Equity attributable to the company’s shareholders saw an increase to 2.70 billion rupees from the previous 2.28 billion rupees. Total liabilities rose to 40.96 billion rupees, up from 36.66 billion rupees, with insurance liabilities contributing significantly at 38.18 billion rupees.

According to information available from the Pakistan Stock Exchange (PSX), IGI Life Insurance Limited’s gross premium revenue reached 14.10 billion rupees, up from 13.49 billion rupees, marking a minor move of 4.54%. However, investment income dropped to 2.66 billion rupees from 3.55 billion rupees, representing a big move of -25.12%.

The profit before taxation improved to 593.38 million rupees from 402.11 million rupees, a moderate move of 47.56%. After accounting for taxation of 170.00 million rupees, the profit after taxation stood at 423.37 million rupees, compared to 278.90 million rupees in the previous year, indicating a significant move of 51.79%.

Earnings per share rose to 2.48 rupees from 1.64 rupees, while total comprehensive income for the year amounted to 419.80 million rupees, up from 332.11 million rupees, reflecting a notable enhancement in financial performance.