Jubilee Life Insurance Company Limited has released its unaudited condensed interim financial statements for the nine months ended September 30, 2026, reflecting a challenging operating environment with a slight increase in gross written premiums but a decline in net profit compared to the previous year.
- Gross Written Premium rose by 6% to PKR 45,904M (PKR 43,261M in 2025).
- Profit After Tax (PAT) decreased to PKR 1,676M from PKR 1,856M, resulting in Earnings Per Share (EPS) of PKR 11.13 (down from PKR 12.33).
- Investment income fell to PKR 17,096M from PKR 18,651M year-on-year.
- The company increased its paid-up share capital from PKR 1.003B to PKR 1.505B through bonus shares to meet regulatory capital requirements.
- The KSE-100 Index declined by 5.7% during the quarter, impacting investor sentiment and new business activity in the insurance sector.