ASIC Asia Insurance Company Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 36.21 0.00%
Annual · FY2006 – FY2025
Asia Insurance Company Limited (ASIC) income statement
Asia Insurance Company Limited reported total income of Rs 1.3 bn for FY2025 (Jan – Dec 2025), up 19.3% on FY2024. Tax of Rs 79.6 mn took 30.9% of pre-tax profit. Profit attributable to shareholders was Rs 178.3 mn, up 5.9% on FY2024, or Rs 2.44 per share.
| 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 | 1,090.5 | 990.9 | 827.1 | 735.3 | 593.7 | |||||||||||||||
| Investment income (net) | 188.8 | 18.0 | 8.2 | 7.4 | 19.3 | |||||||||||||||
| Total income | 1,279.4 | 1,072.2 | 859.5 | 676.9 | 612.9 | |||||||||||||||
| Net claims & benefits | (417.7) | (359.1) | (283.3) | (286.0) | (170.2) | |||||||||||||||
| Acquisition & underwriting expenses | (227.4) | (246.9) | (195.0) | (162.5) | (125.0) | |||||||||||||||
| Profit before tax | 257.9 | 243.1 | 157.4 | (91.2) | 37.3 | |||||||||||||||
| Taxation | (79.6) | (74.7) | (71.7) | 17.4 | (10.5) | |||||||||||||||
| Profit after tax | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 | |||||||||||||||
| Profit attributable to shareholders | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 | |||||||||||||||
| Per share | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 | |||||||||||||||
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.50 | 0.00 | 0.27 | |||||||||||||||
| 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 | +10.1% | +19.8% | +12.5% | +23.9% | +25.9% | |||||||||||||||
| Investment income (net) | +949.2% | +118.3% | +10.8% | -61.4% | -82.6% | |||||||||||||||
| Total income | +19.3% | +24.8% | +27.0% | +10.4% | +5.3% | |||||||||||||||
| Net claims & benefits | +16.3% | +26.8% | -0.9% | +68.0% | +15.4% | |||||||||||||||
| Acquisition & underwriting expenses | -7.9% | +26.6% | +20.0% | +30.0% | +13.3% | |||||||||||||||
| Profit before tax | +6.1% | +54.4% | — | -344.3% | -57.4% | |||||||||||||||
| Taxation | +6.6% | +4.2% | — | -265.3% | -77.3% | |||||||||||||||
| Profit after tax | +5.9% | +96.5% | — | -375.4% | -35.1% | |||||||||||||||
| Profit attributable to shareholders | +5.9% | +96.5% | — | -375.4% | -35.1% | |||||||||||||||
| Per share | ||||||||||||||||||||
| EPS – basic (Rs) | +5.8% | +96.5% | — | -375.4% | -35.1% | |||||||||||||||
| Dividend per share (Rs) | — | -100.0% | — | -100.0% | -67.0% | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | 85.2% | 92.4% | 96.2% | 108.6% | 96.9% |
| Investment income (net) | 14.8% | 1.7% | 1.0% | 1.1% | 3.1% |
| Total income | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net claims & benefits | (32.7%) | (33.5%) | (33.0%) | (42.2%) | (27.8%) |
| Acquisition & underwriting expenses | (17.8%) | (23.0%) | (22.7%) | (24.0%) | (20.4%) |
| Profit before tax | 20.2% | 22.7% | 18.3% | (13.5%) | 6.1% |
| Taxation | (6.2%) | (7.0%) | (8.3%) | 2.6% | (1.7%) |
| Profit after tax | 13.9% | 15.7% | 10.0% | (10.9%) | 4.4% |
| Profit attributable to shareholders | 13.9% | 15.7% | 10.0% | (10.9%) | 4.4% |
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 118
| 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 | 1,090.5 | 990.9 | 827.1 | 735.3 | 593.7 |
| Investment Income/(Expense) - Net - Insurance | 188.8 | 18.0 | 8.2 | 7.4 | 19.3 |
| Investments & Loans - Business - Gain/(Loss) | — | 63.3 | 24.1 | (65.8) | — |
| Investment Income - Gross - Insurance - Total | — | 18.8 | 8.8 | 7.5 | — |
| Investment Expense - Insurance - Total | — | 0.8 | 0.5 | 0.0 | — |
| Investment Securities - Business - Gain/(Loss) | — | 63.3 | 24.1 | (65.8) | — |
| Revenue from Business Activities - Total | 1,279.4 | 1,072.2 | 859.5 | 676.9 | 612.9 |
| Insurance Claims/Reserves - Total | 417.7 | 359.1 | 283.3 | 286.0 | 170.2 |
| Insurance Benefits Paid - Current | 417.7 | 359.1 | 283.3 | 286.0 | 170.2 |
| Selling, General & Administrative Expenses - Total | 409.4 | 368.9 | 341.6 | 361.4 | 292.0 |
| Selling, General & Administrative Expenses - Unclassified | — | 333.1 | 309.5 | 332.5 | 264.1 |
| Insurance Benefits Ceded | — | — | — | — | — |
| Depreciation in Selling, General & Administrative Expenses | — | 35.8 | 32.1 | 28.9 | 27.9 |
| Underwriting Expenses | 227.4 | 246.9 | 195.0 | 162.5 | 125.0 |
| Policy Acquisition Costs - Total | 227.4 | 246.9 | 195.0 | 162.5 | 125.0 |
| Other Operating Expense/(Income) - Net | 2.6 | (70.0) | (83.9) | (9.1) | (9.1) |
| Other Operating Income - Total | — | — | — | — | — |
| Policy Acquisition Costs - Other | 227.4 | 246.9 | 195.0 | 162.5 | 125.0 |
| Operating Expenses - Total | 1,057.1 | 905.0 | 736.0 | 800.8 | 578.1 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | — | — | — | — | — |
| Selling, General & Administrative Expenses - Other - Total | — | — | — | — | — |
| Advertising Expense | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 222.3 | 167.3 | 123.5 | (123.8) | 34.9 |
| Other Operating Expense | — | — | — | — | — |
| Interest Expense - Net of Capitalized Interest | 10.5 | 13.0 | 14.5 | 15.7 | 14.4 |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | — | (16.8) | (8.2) | 0.0 | 2.1 |
| Other Non-Operating Income/(Expense) - Total | 46.2 | 35.4 | 35.1 | 19.0 | 14.8 |
| Normalized Pre-tax Profit | 257.9 | 172.9 | 135.9 | (120.5) | 37.3 |
| Non-Recurring Income/Expense - Total | — | 70.2 | 21.5 | 29.3 | — |
| Interest Expense on Capital Financing - Gross | — | — | — | — | — |
| Fair Value Adjustments - Financial Investments | — | 70.2 | 21.5 | 29.3 | — |
| Non-Recurring Income/(Expense) - Other - Total | — | — | — | — | — |
| Provision for Income Tax Expense- Unclassified | 79.6 | 74.7 | 71.7 | (17.4) | 10.5 |
| Income before Taxes | 257.9 | 243.1 | 157.4 | (91.2) | 37.3 |
| Income Taxes | 79.6 | 74.7 | 71.7 | (17.4) | 10.5 |
| Income Taxes for the Year - Current | — | — | — | — | — |
| Income Taxes - Domestic - Current | — | — | — | — | — |
| Income Taxes - Other (KFAS/NLST) - Current | — | — | — | — | — |
| Income Taxes - Deferred | — | — | — | — | — |
| Income Taxes - Domestic - Deferred | — | — | — | — | — |
| Net Income after Tax | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Income before Discontinued Operations & Extraordinary Items | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Net Income before Minority Interest | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Net Income after Minority Interest | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Income Available to Common Shares | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.50 | 0.00 | 0.27 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Income available to Common excluding Extraordinary Items | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Shares used to calculate Basic EPS - Total mn | 73.1 | 73.0 | 73.0 | 73.0 | 73.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 2.44 | 1.34 | 0.88 | (1.41) | 0.37 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| 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 | 73.1 | 73.0 | 73.0 | 73.0 | 73.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 2.44 | 1.34 | 0.88 | (1.41) | 0.37 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Diluted Income available to Common excluding Extraordinary Items | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| Shares used to calculate Diluted EPS - Total mn | 73.1 | 73.0 | 73.0 | 73.0 | 73.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 2.44 | 1.34 | 0.88 | (1.41) | 0.37 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 178.3 | 168.4 | 85.7 | (73.8) | 26.8 |
| 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 | 73.1 | 73.0 | 73.0 | 73.0 | 73.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 2.44 | 2.31 | 1.17 | (1.01) | 0.37 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 2.44 | 1.34 | 0.88 | (1.41) | 0.37 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.50 | 0.00 | 0.27 | 0.83 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.45 | 0.00 | 0.25 | 0.74 |
| Earnings before Interest & Taxes (EBIT) | 222.3 | 167.3 | 123.5 | (123.8) | 34.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 366.0 | 203.1 | 155.6 | (95.0) | 62.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 143.8 | 35.8 | 32.1 | 28.9 | 27.9 |
| Depreciation Expense - Total - Supplemental | 143.8 | 35.8 | 32.1 | 28.9 | 27.9 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 28.3 | 24.4 | 19.2 | 17.9 | 16.5 |
| Depreciation, Depletion & Amortization - Total | 143.8 | 35.8 | 32.1 | 28.9 | 27.9 |
| Depreciation - Total | 143.8 | 35.8 | 32.1 | 28.9 | 27.9 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Tax Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | 178.3 | 98.2 | 64.2 | (103.1) | 26.8 |
| Normalized Net Income from Continuing Operations | 178.3 | 98.2 | 64.2 | (103.1) | 26.8 |
| Normalized Net Income - Bottom Line | 178.3 | 98.2 | 64.2 | (103.1) | 26.8 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 268.5 | 185.8 | 150.5 | (104.9) | 51.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 412.2 | 221.6 | 182.6 | (76.0) | 79.6 |
| Depreciation of Financial Lease Right-of-Use Assets | 28.3 | 24.4 | 19.2 | 17.9 | 16.5 |
| Interest Expense on Financial Lease Liabilities - Supplemental | — | 13.0 | 14.5 | 15.7 | — |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | 10.5 | 13.0 | 14.5 | 15.7 | 14.4 |
| Investment Income - Insurance | 188.8 | 18.0 | 8.2 | 7.4 | 19.3 |
| Losses, Benefits & Adjustments - Insurance | 417.7 | 359.1 | 283.3 | 286.0 | 170.2 |
| Operating Expenses | 1,057.1 | 905.0 | 736.0 | 800.8 | 578.1 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 409.4 | 368.9 | 341.6 | 361.4 | 292.0 |
| Total Claim & Loss Expense | 417.7 | 359.1 | 283.3 | 286.0 | 170.2 |
| Underwriting & Commissions | 227.4 | 246.9 | 195.0 | 162.5 | 125.0 |
| Underwriting Expenses - Insurance | 411.9 | 298.9 | 257.7 | 352.3 | 282.9 |
| Income before Taxes & Provision for Loan Losses | 257.9 | 243.1 | 157.4 | (91.2) | 37.3 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.50 | 0.00 | 0.27 | 0.83 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.50 | 0.00 | 0.27 | 0.83 |
| Tax Adjusted Operating Income | 185.6 | 177.4 | 93.6 | — | 37.2 |
| Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance | (5.8) | (60.2) | (25.5) | 66.3 | 112.7 |
| Operating Expenses excluding Non-Cash Charges - Total | 913.3 | 869.2 | 703.9 | 771.9 | 550.2 |
| Premiums Earned - Total | 1,090.5 | 990.9 | 827.1 | 735.3 | 593.7 |
| Losses, Benefits & Adjustments - Total | 645.1 | 606.0 | 478.3 | 448.5 | 295.2 |
| Income Available to Common Shares before Depreciation & Amortization | 322.1 | 204.2 | 117.8 | (45.0) | 54.7 |
| Fixed Charges | 10.5 | 13.0 | 14.5 | 15.7 | 14.4 |
| 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 | 0.50 | 0.00 | 0.27 | 0.83 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.