Karachi: Premier Insurance Limited has released its unaudited financial results for the quarter ending September 30, 2026, showcasing a notable increase in net insurance premiums and profit after tax compared to the same period last year.

The company reported a net insurance premium of 98.51 million rupees for the third quarter of 2026, a very large or significant move of 36.13% from the 72.34 million rupees recorded in the corresponding quarter of 2025. For the nine-month period ending September 30, 2026, the net insurance premium reached 229.57 million rupees, rising from 204.66 million rupees in the previous year.

Net insurance claims for the quarter were reduced to 36.92 million rupees from 44.66 million rupees, reflecting an improvement in the claims ratio. However, net commission expense and other acquisition costs for the nine months increased to 19.90 million rupees from 14.12 million rupees, evidencing a moderate move.

Management expenses for the quarter stood at 75.22 million rupees, up from 66.74 million rupees, contributing to an underwriting loss of 15.08 million rupees. Despite the loss in underwriting results, investment income provided a boost with a figure of 62.62 million rupees, albeit a decrease from the previous year's 118.55 million rupees.

According to information available from the Pakistan Stock Exchange (PSX), the company's profit before taxation and levy for the quarter was 71.61 million rupees, compared to 77.86 million rupees in the same quarter of 2025. The profit after tax for the third quarter was recorded at 68.72 million rupees, a big move from the 61.53 million rupees noted in the prior year.

The basic earnings per share for the quarter were 1.36 rupees, compared to 1.22 rupees in the previous year. This reflects the company's continued efforts to enhance shareholder value amid evolving market conditions.