Karachi: Shaheen Insurance Company Limited has reported its annual financial results for the year ended December 31, 2025, reflecting a notable increase in profits before tax and an upgraded credit rating. The company announced this information during a Corporate Briefing Session held on May 20, 2026, highlighting strategic developments and financial outcomes.
Shaheen Insurance recorded profits before tax amounting to Rs 201.16 million. The company’s gross premium, including Takaful contributions, stood at Rs 1.612 billion, confirming its solvent status as prescribed by the regulator as of the end of last year.
In terms of shareholding, Shaheen Foundation (PAF) and associates hold 5.57% of the shares, while joint stock companies possess 21.18%. The remaining shares are distributed among other investors. This distribution underscores the diversified ownership structure of the company as it continues to expand its market footprint.
The company’s credit rating has been upgraded to A++ by the Pakistan Credit Rating Agency (PACRA), reflecting a stable outlook and indicating strong financial health. According to information available from the Pakistan Stock Exchange (PSX), the company’s performance in the designated market category remains robust, contributing to its improved credit standing.
To bolster its governance and management, Shaheen Insurance has appointed Syed Kamran Ali as Chief Financial Officer and Aqeel Anwar Kamal as Company Secretary. These appointments are part of the company’s strategy to enhance its operational efficiency and governance framework.
As Shaheen Insurance continues to strengthen its market position, stakeholders remain optimistic about its future trajectory, driven by sound financial management and strategic leadership appointments.