The Universal Insurance Company Limited has released its unaudited financial results for the nine months ended September 30, 2026, showing significant growth in gross written premiums and net insurance premiums compared to the previous year.
- Gross written premium increased to PKR 65.867M from PKR 39.074M in the same period last year.
- Net insurance premium rose to PKR 48.810M, up from PKR 23.767M.
- Profit after taxation for the period was PKR 11.756M, a decrease from PKR 31.184M year-on-year.
- Earnings per share (EPS) decreased to PKR 0.24 from PKR 0.62.
- Total assets as of September 30, 2026, stood at PKR 945.365M, compared to PKR 907.979M at the end of 2025.
- The company plans to increase its issued capital from PKR 500M to PKR 1,000M by December 31, 2026, as part of its growth strategy.
- The report is unaudited and reflects the company's ongoing efforts to enhance its underwriting capabilities.