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Insurance

IGIHL IGI Holdings Limited

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

Watch IGIHL · free results alerts

Last close · 16 Oct 2026

Rs 251.50 +0.44%

Quarterly · Q3 FY2021 – Q2 FY2026

IGI Holdings Limited (IGIHL) quarterly balance sheet

At the end of Q2 FY2026 (Apr – Jun 2026) IGI Holdings Limited had total assets of Rs 145.6 bn, up 10.1% on Q2 FY2025. Shareholders' equity was Rs 72.9 bn (Rs 510.94 per share), 50.1% of total assets.

IGIHL balance sheet (quarterly) (Rs bn)
Rs bn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & cash equivalents 4.1 3.6 3.9 5.1 5.7 6.2 3.8 2.8
Investments 116.0 115.4 119.7 114.2 103.3 106.4 102.7 94.2
Premium receivables — — — — — — — —
Reinsurance assets 15.1 16.7 14.9 15.2 14.5 14.8 14.3 17.0
Total assets 145.6 147.4 148.5 144.4 132.2 136.8 129.6 123.2
Liabilities
Insurance reserves 17.9 19.6 18.4 17.4 16.0 17.2 17.1 18.1
Unearned premiums 6.6 8.2 6.9 6.0 4.8 5.9 5.2 6.1
Total liabilities 72.2 79.7 78.4 77.0 73.7 72.9 65.5 62.4
Equity
Equity attributable to shareholders 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Total equity 73.3 67.7 70.1 67.5 58.5 63.9 64.1 60.8
Total liabilities & equity 145.6 147.4 148.5 144.4 132.2 136.8 129.6 123.2
Key figures
Shares outstanding mn 142.6 142.6 142.6 142.6 142.6 142.6 142.6 142.6
Common equity 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Book value per share (Rs) Rs 510.94 471.65 488.44 470.11 407.06 445.16 446.78 423.68
IGIHL balance sheet — year-on-year change (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & cash equivalents -28.1% -42.9% +0.9% +82.7% +66.2% +56.0% -13.5% -36.5%
Investments +12.3% +8.5% +16.6% +21.3% +10.8% +13.9% +9.1% +13.2%
Premium receivables — — — — — — — —
Reinsurance assets +4.1% +12.9% +4.2% -10.8% +12.6% +60.6% +48.8% +37.3%
Total assets +10.1% +7.8% +14.6% +17.3% +12.8% +19.6% +10.7% +14.1%
Liabilities
Insurance reserves +12.1% +14.0% +7.3% -4.0% +17.7% +64.1% +38.1% +35.7%
Unearned premiums +37.2% +37.9% +32.6% -1.4% +28.1% +31.9% +21.4% +17.2%
Total liabilities -2.0% +9.3% +19.7% +23.4% +30.7% +44.4% +28.6% +26.3%
Equity
Equity attributable to shareholders +25.5% +5.9% +9.3% +11.0% -4.0% -0.1% -3.2% +3.8%
Total equity +25.5% +6.0% +9.4% +11.0% -3.9% +0.0% -3.1% +3.8%
Total liabilities & equity +10.1% +7.8% +14.6% +17.3% +12.8% +19.6% +10.7% +14.1%
Key figures
Shares outstanding — — — — — — — —
Common equity +25.5% +5.9% +9.3% +11.0% -4.0% -0.1% -3.2% +3.8%
Book value per share (Rs) +25.5% +5.9% +9.3% +11.0% -4.0% -0.1% -3.2% +3.8%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

IGIHL balance sheet — common size (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & cash equivalents 2.8% 2.4% 2.6% 3.5% 4.3% 4.6% 3.0% 2.3%
Investments 79.7% 78.3% 80.6% 79.1% 78.2% 77.8% 79.2% 76.5%
Premium receivables — — — — — — — —
Reinsurance assets 10.4% 11.3% 10.0% 10.5% 11.0% 10.8% 11.0% 13.8%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Insurance reserves 12.3% 13.3% 12.4% 12.1% 12.1% 12.6% 13.2% 14.7%
Unearned premiums 4.5% 5.5% 4.7% 4.1% 3.6% 4.3% 4.0% 4.9%
Total liabilities 49.6% 54.1% 52.8% 53.3% 55.8% 53.3% 50.5% 50.7%
Equity
Equity attributable to shareholders 50.1% 45.6% 46.9% 46.4% 43.9% 46.4% 49.2% 49.1%
Total equity 50.4% 45.9% 47.2% 46.7% 44.2% 46.7% 49.5% 49.3%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Common equity 50.1% 45.6% 46.9% 46.4% 43.9% 46.4% 49.2% 49.1%

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.

All reported line items 115
IGIHL balance sheet — all reported line items (Rs bn)
Rs bn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Cash & Cash Equivalents 4.1 3.6 3.9 5.1 5.7 6.2 3.8 2.8
Receivables - Total 3.1 2.3 2.6 1.5 1.2 1.2 1.4 1.9
Insurance Premium Receivables — — — — — — — —
Income Tax - Receivables 1.9 1.3 1.5 1.1 1.1 1.0 1.1 1.3
Receivables - Other 1.2 1.0 1.1 0.4 0.1 0.2 0.3 0.6
Investments including Loans - Total 116.0 115.4 119.7 114.2 103.3 106.4 102.7 94.2
Investment Securities - Available for Sale, Held to Maturity & Held for Trading - Total 111.4 114.1 109.2 110.0 98.3 101.5 84.2 90.5
Investment Securities - Other — — — — — — — —
Investments - Other - Total 4.4 1.1 10.3 4.0 4.8 4.7 18.3 3.5
Loans - Mortgage, Policy & Other 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Loans - Other 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Investment Securities Available for Sale & Held to Maturity — — — — — — — —
Property, Plant & Equipment - Net - Total 1.2 1.2 1.3 1.2 1.2 0.9 1.0 0.5
Investment Securities - Available for Sale - Total — — — — — — — —
Reinsurance Assets 15.1 16.7 14.9 15.2 14.5 14.8 14.3 17.0
Deposits - Held under Reinsurance 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Reinsurance Recoverable - In Insurance Provisions 15.1 16.7 14.9 15.2 14.5 14.8 14.3 17.0
Reinsurance Recoverable - Outstanding Claims 7.3 7.1 7.2 8.0 8.1 7.9 8.0 10.2
Other Assets - Total 5.4 7.8 5.7 6.8 5.8 6.8 5.9 6.3
Reinsurance Recoverable - Other 7.8 9.5 7.7 7.2 6.4 6.8 6.2 6.8
Deferred Charges 0.4 0.5 0.6 0.6 0.3 0.5 0.5 0.5
Accrued Investment Income 0.3 0.2 0.4 0.2 0.3 0.2 0.4 0.2
Prepaid Expenses - Total 4.3 7.0 4.0 5.4 4.4 6.2 4.6 4.4
Other Assets 0.5 — 0.7 0.6 0.7 — 0.5 1.2
Intangible Assets - Total - Net 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5
Total Assets 145.6 147.4 148.5 144.4 132.2 136.8 129.6 123.2
Insurance Reserves - Total 17.9 19.6 18.4 17.4 16.0 17.2 17.1 18.1
Benefit & Loss Reserves - Gross 0.1 0.1 0.1 — — — — —
Debt - Total 3.1 3.7 3.5 4.0 4.3 4.7 2.0 2.4
Short-Term Debt & Current Portion of Long-Term Debt 3.0 3.6 3.5 3.9 4.2 4.7 1.9 2.4
Benefit & Loss Reserves - Non-Life - Gross 0.1 0.1 0.1 — — — — —
Unearned Premiums - Gross 6.6 8.2 6.9 6.0 4.8 5.9 5.2 6.1
Policy & Contract Claims - Gross 11.3 11.4 11.4 11.5 11.2 11.3 11.9 12.1
Current Portion of Long-Term Debt including Capitalized Leases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Capitalized Leases - Current Portion 0.0 0.0 0.0 0.0 0.0 0.0 0.0 —
Short-Term Debt & Notes Payable 3.0 3.6 3.4 3.9 4.2 4.7 1.9 2.4
Debt - Long-Term - Total 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0
Short-Term Banking Borrowings excluding Collateralized Financing 3.0 3.6 3.4 3.9 4.2 4.7 1.9 2.4
Current Portion of Long-Term Debt excluding Capitalized Leases — — — — — — — —
Capitalized Lease Obligations - Long-Term 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0
Long-Term Debt excluding Capitalized Leases — — — — — — — —
Debt - Non-Convertible - Long-Term — — — — — — — —
Dividends Payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Deferred Tax & Investment Tax Credits - Long-Term 5.8 8.5 8.7 7.1 6.3 4.1 3.3 1.7
Deferred Tax - Liability - Long-Term 5.8 8.5 8.7 7.1 6.3 4.1 3.3 1.7
Payables & Accrued Expenses 44.8 46.8 47.2 48.0 46.8 46.6 42.8 39.8
Trade Account Payables - Total 0.7 — 0.8 0.9 0.7 — 0.7 0.8
Accrued Expenses 0.6 — 0.8 0.7 0.7 — 1.0 1.3
Payable - Reinsurance & Brokers/Agents 39.0 40.3 40.8 42.2 39.3 40.0 36.8 35.5
Other Liabilities - Total 0.5 1.1 0.5 0.4 0.4 0.3 0.3 0.3
Other Payables - Total 4.5 6.5 4.8 4.3 6.1 6.6 4.2 2.1
Other Liabilities - — — — — — — — (0.0)
Provisions 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0
Post Employment Benefits - Pension & Other 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0
Deferred Revenue/Income 0.4 1.0 0.5 0.3 0.3 0.3 0.2 0.3
Total Liabilities 72.2 79.7 78.4 77.0 73.7 72.9 65.5 62.4
Shareholders' Equity - Attributable to Parent Shareholders - Total 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Common Equity Attributable to Parent Shareholders 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Common Equity - Contributed 1.9 1.9 1.9 1.9 1.9 1.4 1.9 1.9
Common Stock - Issued & Paid 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4
Equity - Non-Contributed - Reserves & Retained Earnings 71.0 65.4 67.8 65.2 56.2 62.1 61.9 58.6
Retained Earnings - Total 23.7 22.1 21.7 18.4 17.1 62.1 17.2 17.4
Comprehensive Income - Accumulated - Total 40.1 36.1 38.8 39.5 31.8 — 37.3 33.8
Investments - Unrealized Gain/Loss 40.1 36.1 38.8 39.5 31.8 — 37.3 33.8
Other Reserves/Equity - Total 7.3 7.3 7.3 7.3 7.3 — 7.3 7.3
Common Equity - Total 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Common Stock - Additional Paid in Capital including Option Reserve 0.4 0.4 0.4 0.4 0.4 — 0.4 0.4
Minority Interest - Equity 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 73.3 67.7 70.1 67.5 58.5 63.9 64.1 60.8
Total Liabilities & Equity 145.6 147.4 148.5 144.4 132.2 136.8 129.6 123.2
Common Shares - Issued - Total mn 142.6 142.6 142.6 142.6 142.6 142.6 142.6 142.6
Common Shares - Outstanding - Total mn 142.6 142.6 142.6 142.6 142.6 142.6 142.6 142.6
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 200.0 200.0 200.0 200.0 200.0 200.0 200.0 200.0
Common Shares - Issued - Issue Specific mn 142.6 142.6 142.6 142.6 142.6 142.6 142.6 142.6
Common Shares - Outstanding - Issue Specific mn 142.6 142.6 142.6 142.6 142.6 142.6 142.6 142.6
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Finance and Operating Lease Liabilities - Total - Supplemental 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0
Debt including Finance and Operating Lease Liabilities - Supplemental 3.1 3.7 3.5 4.0 4.3 4.7 2.0 2.4
Net Debt (1.0) 0.2 (0.3) (1.1) (1.4) (1.5) (1.9) (0.4)
Minority Interest - Total 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Asset Accruals (4.1) (3.6) (3.9) (5.1) (5.7) (6.2) (3.8) (2.8)
Cash & Cash Equivalents - Total 4.1 3.6 3.9 5.1 5.7 6.2 3.8 2.8
Cash & Securities 115.9 115.2 119.5 114.0 103.1 106.2 102.5 94.0
Cash & Short Term Investments - Total 4.1 3.6 3.9 5.1 5.7 6.2 3.8 2.8
Debt - including Preferred Equity & Minority Interest - Total 3.6 4.2 4.0 4.4 4.7 5.1 2.3 2.8
Earning Assets 116.0 115.4 119.7 114.2 103.3 106.4 102.7 94.2
Invested Assets - Total 116.0 115.4 119.7 114.2 103.3 106.4 102.7 94.2
Investment Securities 111.4 114.1 109.2 110.0 98.3 101.5 84.2 90.5
Net Book Capital 72.4 67.9 69.8 66.4 57.1 62.3 62.2 60.4
Net Operating Assets 72.4 67.9 69.8 66.4 57.1 62.3 62.2 60.4
Non-Reserve Liabilities 54.3 60.1 60.0 59.5 57.8 55.7 48.4 44.3
Provisions - Total 5.9 8.5 8.8 7.1 6.4 4.1 3.4 1.7
Shareholders Equity - Common 72.9 67.3 69.7 67.1 58.1 63.5 63.7 60.4
Tangible Total Equity 72.8 67.2 69.6 67.0 58.0 63.4 63.6 60.3
Tangible Book Value 72.4 66.7 69.2 66.5 57.6 63.0 63.2 60.0
Total Book Capital 76.0 71.0 73.2 71.0 62.4 68.2 65.7 62.8
Total Capital 76.5 71.5 73.6 71.4 62.8 68.6 66.1 63.2
Total Long Term Capital 73.3 67.7 70.1 67.5 58.5 63.9 64.1 60.8
Unearned Revenue - Total 0.4 1.0 0.5 0.3 0.3 0.3 0.2 0.3
Book Value excluding Other Equity 65.6 60.0 62.4 59.8 50.8 63.5 56.4 53.1
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term — — — — — — 0.0 0.0
Cash & Short Term Investments - Net of Debt 1.0 (0.2) 0.3 1.1 1.4 1.5 1.9 0.4
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest Bearing Liabilities - Total 3.1 3.7 3.5 4.0 4.3 4.7 2.0 2.4
Net Debt Including Preferred Equity & Minority Interest (0.5) 0.6 0.1 (0.7) (1.0) (1.2) (1.5) (0.0)
Other Short-Term & Long-Term Assets - Total 5.4 7.8 5.7 6.8 5.8 6.8 5.9 6.3
Other Short-Term & Long-Term Liabilities - Total — — — — — — — (0.0)
Tangible Book Value excluding Other Equity 65.1 59.4 61.9 59.2 50.3 63.0 55.9 52.7
Total Debt Excluding Islamic 3.1 3.7 3.5 4.0 4.3 4.7 2.0 2.4
Book Value excluding Accumulated Comprehensive Income 32.8 31.2 30.9 27.5 26.2 — 26.4 26.6
Benefit & Claims Reserves - Gross 11.3 11.5 11.4 11.5 11.2 11.3 11.9 12.1
Reinsurance Liabilities 39.0 40.3 40.8 42.2 39.3 40.0 36.8 35.5
Cash in Hand & with Banks - Total 4.1 3.6 3.9 5.1 5.7 6.2 3.8 2.8

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