Karachi: Pakistan Reinsurance Company Limited (PRCL) has released its financial performance report for the year ended December 31, 2025, revealing a series of notable changes in its fiscal metrics. The company’s authorized capital stands at PKR 25 billion, with issued, subscribed, and paid-up capital amounting to PKR 9 billion.

According to the report, PRCL’s total assets reached PKR 76.36 billion, while total liabilities were recorded at PKR 50.49 billion, resulting in net assets of PKR 25.86 billion. The pattern of shareholding indicates that the Federal Government holds 51%, State Life holds 24.41%, and individuals and others hold 24.59%. The net equity of PRCL is reported at PKR 25.86 billion, with a book value per share of PKR 26.70.

The company’s financial highlights for 2025 exhibit several shifts. Gross premium income increased by 29% to PKR 31.97 billion from the previous year’s PKR 24.70 billion. However, net insurance premium saw a decrease of 16% to PKR 9.07 billion. Insurance claims and acquisition expenses were reduced by 2% to PKR 6.37 billion, and management expenses decreased by 16% to PKR 1.69 billion.

Investment income experienced a 4% reduction, reaching PKR 3.32 billion. Rental income, on the other hand, saw a 13% increase, totaling PKR 170.15 million. Other income decreased significantly by 44% to PKR 329.11 million. The results of operating activities saw a decrease of 29% to PKR 4.69 billion.

According to information available from the Pakistan Stock Exchange (PSX), the company’s profit before income tax declined by 31% to PKR 4.71 billion. The income tax expense was reduced by 47%, reaching PKR 1.58 billion. Consequently, the profit for the year was down by 17%, amounting to PKR 3.13 billion. This resulted in earnings per share of PKR 3.48, compared to PKR 4.20 in the prior year.

The financial results illustrate a clear picture of PRCL’s current market standing, reflecting both the challenges and areas of growth the company experienced throughout 2025.