Reliance Insurance Company Limited has released its half-yearly financial report for the period ended June 30, 2026, which is un-audited. The report highlights a significant increase in gross premiums and a decline in total investment income compared to the previous year.
- Gross premium underwritten increased to PKR 671.09M from PKR 580.09M, a rise of 15.69%.
- Net claims incurred rose to PKR 67.92M from PKR 57.25M.
- Underwriting profit improved to PKR 79.09M from PKR 63.21M, reflecting an increase of PKR 15.89M.
- Total investment income decreased by 37.77% to PKR 109.16M from PKR 175.43M, primarily due to reduced unrealized gains.
- Profit before tax was reported at PKR 142.81M, down from PKR 206.35M in the previous year.
- Earnings per share (EPS) increased to PKR 1.50 from PKR 1.14 (restated).
- Accumulated surplus from the participant Takaful Fund stood at PKR 104.24M.
- The report indicates a stable economic outlook for Pakistan, with cautious optimism for future growth despite ongoing challenges.