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ALAC Askari Life Assurance Company Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 22.99 -1.20%

Annual · FY2008 – FY2025

Askari Life Assurance Company Limited (ALAC) income statement

Askari Life Assurance Company Limited reported total income of Rs 3.2 bn for FY2025 (Jan – Dec 2025), up 54.9% on FY2024. Tax of -Rs 2.0 mn took -1.6% of pre-tax profit. Profit attributable to shareholders was Rs 126.0 mn, up 732.9% on FY2024, or Rs 0.84 per share.

ALAC income statement (annual) (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Net premium earned 2,888.4 1,693.1 1,254.2 1,077.8 600.4
Investment income (net) 232.2 273.4 268.8 118.9 59.7
Total income 3,189.8 2,058.6 1,530.1 1,197.3 660.1
Net claims & benefits (1,455.4) (805.3) (699.4) (491.4) (318.5)
Acquisition & underwriting expenses (1,161.9) (835.5) (669.3) (726.4) (390.2)
Profit before tax 123.9 18.4 (158.6) (274.6) (242.1)
Taxation 2.0 (3.3) (6.6) (1.4) (0.4)
Profit after tax 126.0 15.1 (165.2) (276.0) (242.4)
Profit attributable to shareholders 126.0 15.1 (165.2) (276.0) (242.4)
Per share
EPS – basic (Rs) Rs 0.84 0.10 (1.10) (1.84) (1.61)
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00
ALAC income statement — year-on-year change (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Net premium earned +70.6% +35.0% +16.4% +79.5% +113.4%
Investment income (net) -15.1% +1.7% +126.0% +99.4% +5.3%
Total income +54.9% +34.5% +27.8% +81.4% +95.3%
Net claims & benefits +80.7% +15.1% +42.3% +54.3% +70.2%
Acquisition & underwriting expenses +39.1% +24.8% -7.9% +86.2% +99.3%
Profit before tax +573.5% — — — —
Taxation -161.8% -50.3% +388.4% +247.3% -13.0%
Profit after tax +732.9% — — — —
Profit attributable to shareholders +732.9% — — — —
Per share
EPS – basic (Rs) +733.0% — — — —
Dividend per share (Rs) — — — — —

Change against the previous fiscal year; shown when the earlier figure is positive.

ALAC income statement — common size (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Net premium earned 90.6% 82.2% 82.0% 90.0% 91.0%
Investment income (net) 7.3% 13.3% 17.6% 9.9% 9.0%
Total income 100.0% 100.0% 100.0% 100.0% 100.0%
Net claims & benefits (45.6%) (39.1%) (45.7%) (41.0%) (48.2%)
Acquisition & underwriting expenses (36.4%) (40.6%) (43.7%) (60.7%) (59.1%)
Profit before tax 3.9% 0.9% (10.4%) (22.9%) (36.7%)
Taxation 0.1% (0.2%) (0.4%) (0.1%) (0.1%)
Profit after tax 3.9% 0.7% (10.8%) (23.1%) (36.7%)
Profit attributable to shareholders 3.9% 0.7% (10.8%) (23.1%) (36.7%)

Each line as a percentage of total income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 113
ALAC income statement — all reported line items (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Net Premiums Earned 2,888.4 1,693.1 1,254.2 1,077.8 600.4
Premiums Written - Gross 6,776.5 2,017.6 1,613.5 1,301.6 834.9
Premiums Ceded Out & Unearned - Reinsurance 3,888.1 324.5 359.4 223.8 234.5
Premiums Ceded Out to Reinsurance - Written 3,888.1 324.5 359.4 223.8 234.5
Investment Income/(Expense) - Net - Insurance 232.2 273.4 268.8 118.9 59.7
Investments & Loans - Business - Gain/(Loss) 69.2 92.1 7.1 0.6 0.0
Investment Income - Gross - Insurance - Total 232.2 273.4 268.8 118.9 59.7
Investment Securities - Business - Gain/(Loss) 69.2 92.1 7.1 0.6 0.0
Revenue from Business Activities - Total 3,189.8 2,058.6 1,530.1 1,197.3 660.1
Insurance Claims/Reserves - Total 1,455.4 805.3 699.4 491.4 318.5
Insurance Benefits Paid - Current 918.3 551.4 621.5 479.7 452.7
Selling, General & Administrative Expenses - Total 455.1 388.0 320.8 243.4 183.3
Selling, General & Administrative Expenses - Unclassified 431.9 365.6 296.9 222.3 165.8
Insurance Benefits Ceded (537.1) (253.9) (77.9) (11.6) 134.2
Depreciation in Selling, General & Administrative Expenses 23.2 22.4 23.9 20.8 16.5
Current Insurance Claims & Benefits Ceded (1,019.1) (459.5) (418.0) (343.3) (163.5)
Amortization of Intangibles in Selling, General & Administrative Expenses — 0.0 0.0 0.3 1.0
Long-Term Insurance Reserves Ceded 482.0 205.6 340.1 331.6 297.8
Underwriting Expenses 1,161.9 835.5 669.3 726.4 390.2
Policy Acquisition Costs - Total 1,161.9 835.5 669.3 726.4 390.2
Other Operating Expense/(Income) - Net 34.4 28.8 17.3 19.9 12.7
Policy Acquisition Costs - Other 1,161.9 835.5 669.3 726.4 390.2
Operating Expenses - Total 3,106.8 2,057.5 1,706.9 1,481.1 904.6
Operating Profit before Non-Recurring Income/(Expense) 83.0 1.1 (176.8) (283.9) (244.5)
Other Operating Expense 34.4 28.8 17.3 19.9 12.7
Interest Expense - Net of Capitalized Interest 4.3 6.5 2.8 1.7 2.2
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.8 0.1 0.3 0.0 0.3
Other Non-Operating Income/(Expense) - Total 12.0 22.1 19.8 11.7 5.2
Normalized Pre-tax Profit 91.4 16.8 (159.5) (273.8) (241.2)
Non-Recurring Income/Expense - Total 32.5 1.6 0.8 (0.8) (0.9)
Fair Value Adjustments - Financial Investments 32.5 1.6 0.8 (0.8) (0.9)
Provision for Income Tax Expense- Unclassified (2.0) 3.3 6.6 1.4 0.4
Income before Taxes 123.9 18.4 (158.6) (274.6) (242.1)
Income Taxes (2.0) 3.3 6.6 1.4 0.4
Net Income after Tax 126.0 15.1 (165.2) (276.0) (242.4)
Income before Discontinued Operations & Extraordinary Items 126.0 15.1 (165.2) (276.0) (242.4)
Net Income before Minority Interest 126.0 15.1 (165.2) (276.0) (242.4)
Net Income after Minority Interest 126.0 15.1 (165.2) (276.0) (242.4)
Income Available to Common Shares 126.0 15.1 (165.2) (276.0) (242.4)
Other Comprehensive Income - Starting Line — — — — —
Other Comprehensive Income - Unrealized Investment Gain/(Loss) — — — — —
Other Comprehensive Income - Net of Tax - Total — — — — —
Comprehensive Income before Minority Interest - Total — — — — —
Comprehensive Income - Attributable to Parent Company Equity Holders - Total — — — — —
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 126.0 15.1 (165.2) (276.0) (242.4)
Income available to Common excluding Extraordinary Items 126.0 15.1 (165.2) (276.0) (242.4)
Shares used to calculate Basic EPS - Total mn 150.2 150.2 150.2 150.0 150.2
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 0.62 0.09 (1.11) (1.83) (1.61)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 126.0 15.1 (165.2) (276.0) (242.4)
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 150.2 150.2 150.2 150.0 150.2
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.62 0.09 (1.11) (1.83) (1.61)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 126.0 15.1 (165.2) (276.0) (242.4)
Diluted Income available to Common excluding Extraordinary Items 126.0 15.1 (165.2) (276.0) (242.4)
Shares used to calculate Diluted EPS - Total mn 150.2 150.2 150.2 150.0 150.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 0.62 0.09 (1.11) (1.83) (1.61)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 126.0 15.1 (165.2) (276.0) (242.4)
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 150.2 150.2 150.2 150.0 150.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.84 0.10 (1.10) (1.84) (1.61)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.62 0.09 (1.11) (1.83) (1.61)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs — — — — —
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) 83.0 1.1 (176.8) (283.9) (244.5)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 106.2 23.5 (152.8) (262.7) (218.4)
Depreciation & Amortization - Supplemental 23.2 22.4 23.9 21.2 17.5
Depreciation Expense - Total - Supplemental 23.2 22.4 23.9 20.8 16.5
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 14.2 14.1 12.5 10.3 8.6
Amortization - Total - Supplemental — 0.0 0.0 0.3 1.0
Intangible Amortization - Other - Supplemental — 0.0 0.0 0.3 1.0
Depreciation, Depletion & Amortization - Total 23.2 22.4 23.9 21.2 26.1
Depreciation - Total 23.2 22.4 23.9 20.8 25.1
Amortization of Intangible Assets excluding Goodwill - Total — 0.0 0.0 0.3 1.0
Normalized after Tax Profit 93.5 13.5 (166.1) (275.1) (241.6)
Normalized Net Income from Continuing Operations 93.5 13.5 (166.1) (275.1) (241.6)
Normalized Net Income - Bottom Line 93.5 13.5 (166.1) (275.1) (241.6)
Earnings before Interest & Taxes (EBIT) - Normalized 95.8 23.3 (156.7) (272.1) (239.0)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 119.0 45.7 (132.8) (251.0) (212.9)
Interest Expense on Financial Lease Liabilities - Supplemental 4.3 6.5 2.8 1.7 2.2
Interest Expense 4.3 6.5 2.8 1.7 2.2
Investment Income - Insurance 232.2 273.4 268.8 118.9 59.7
Losses, Benefits & Adjustments - Insurance 918.3 551.4 621.5 479.7 452.7
Operating Expenses 3,106.8 2,057.5 1,706.9 1,481.1 904.6
Premiums Ceded Out & Unearned - Total 3,888.1 324.5 359.4 223.8 234.5
Selling, General & Administrative Expenses excluding Research & Development Expenses 455.1 388.0 320.8 243.4 183.3
Total Claim & Loss Expense 1,455.4 805.3 699.4 491.4 318.5
Underwriting & Commissions 1,161.9 835.5 669.3 726.4 390.2
Underwriting Expenses - Insurance 489.5 416.8 338.1 263.3 196.0
Income before Taxes & Provision for Loan Losses 123.9 18.4 (158.6) (274.6) (242.1)
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00
Tax Adjusted Operating Income 130.4 20.4 — — —
Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance (428.8) (134.6) (283.4) (216.4) (256.7)
Operating Expenses excluding Non-Cash Charges - Total 3,083.6 2,035.1 1,682.9 1,460.0 878.5
Premiums Earned - Total 2,888.4 1,693.1 1,254.2 1,077.8 600.4
Losses, Benefits & Adjustments - Total 1,543.1 1,133.0 1,213.0 1,194.5 977.1
Income Available to Common Shares before Depreciation & Amortization 149.2 37.5 (141.3) (254.8) (216.3)
Fixed Charges 4.3 6.5 2.8 1.7 2.2
Net Premiums Written 2,888.4 1,693.1 1,254.2 1,077.8 600.4
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.