PAKRI Pakistan Reinsurance Company Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 17.14 +0.35%
Annual · FY2006 – FY2025
Pakistan Reinsurance Company Limited (PAKRI) income statement
Pakistan Reinsurance Company Limited reported total income of Rs 12.6 bn for FY2025 (Jan – Dec 2025), down 12.1% on FY2024. Tax of Rs 1.6 bn took 33.6% of pre-tax profit. Profit attributable to shareholders was Rs 3.1 bn, down 17.2% on FY2024, or Rs 3.48 per share.
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 * Jan – Dec 2021 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net premium earned | 9.1 | 10.9 | 9.3 | 7.9 | 7.2 | |||||||||||||||
| Investment income (net) | 0.5 | 0.4 | 0.3 | 0.3 | 1.0 | |||||||||||||||
| Total income | 12.6 | 14.3 | 11.7 | 9.4 | 8.3 | |||||||||||||||
| Net claims & benefits | (5.4) | (5.4) | (4.7) | (4.3) | (3.8) | |||||||||||||||
| Profit before tax | 4.7 | 6.8 | 5.2 | 3.6 | 3.6 | |||||||||||||||
| Taxation | (1.6) | (3.0) | (2.1) | (0.9) | (1.0) | |||||||||||||||
| Profit after tax | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 | |||||||||||||||
| Profit attributable to shareholders | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 | |||||||||||||||
| Per share | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 | |||||||||||||||
| Dividend per share (Rs) Rs | 1.00 | 2.00 | 1.00 | 0.00 | 0.67 | |||||||||||||||
| 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 | -16.5% | +16.4% | +17.6% | +9.7% | +7.7% | |||||||||||||||
| Investment income (net) | +26.5% | +55.1% | +2.5% | -74.4% | -5.9% | |||||||||||||||
| Total income | -12.1% | +21.7% | +24.9% | +13.0% | +6.1% | |||||||||||||||
| Net claims & benefits | -0.2% | +15.8% | +10.1% | +11.2% | -2.2% | |||||||||||||||
| Profit before tax | -30.6% | +30.9% | +45.9% | -1.6% | +83.3% | |||||||||||||||
| Taxation | -47.4% | +41.9% | +127.9% | -9.1% | +76.5% | |||||||||||||||
| Profit after tax | -17.2% | +23.3% | +16.8% | +1.4% | +86.1% | |||||||||||||||
| Profit attributable to shareholders | -17.2% | +23.3% | +16.8% | +1.4% | +86.1% | |||||||||||||||
| Per share | ||||||||||||||||||||
| EPS – basic (Rs) | -17.2% | +23.3% | +16.8% | +1.4% | +86.1% | |||||||||||||||
| Dividend per share (Rs) | -50.0% | +100.0% | — | -100.0% | -20.0% | |||||||||||||||
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 | 72.2% | 76.0% | 79.5% | 84.4% | 86.9% |
| Investment income (net) | 4.0% | 2.8% | 2.2% | 2.7% | 11.8% |
| Total income | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Net claims & benefits | (43.2%) | (38.1%) | (40.0%) | (45.4%) | (46.2%) |
| Profit before tax | 37.5% | 47.6% | 44.2% | 37.9% | 43.5% |
| Taxation | (12.6%) | (21.1%) | (18.1%) | (9.9%) | (12.3%) |
| Profit after tax | 24.9% | 26.5% | 26.1% | 27.9% | 31.2% |
| Profit attributable to shareholders | 24.9% | 26.5% | 26.1% | 27.9% | 31.2% |
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 bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Net Premiums Earned | 9.1 | 10.9 | 9.3 | 7.9 | 7.2 |
| Fees & Commissions Income | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Fees & Commissions Expense | 0.9 | 1.1 | 0.9 | 1.0 | 1.0 |
| Investment Income/(Expense) - Net - Insurance | 0.5 | 0.4 | 0.3 | 0.3 | 1.0 |
| Investments & Loans - Business - Gain/(Loss) | 2.8 | 2.9 | 2.0 | 1.1 | — |
| Investment Income - Gross - Insurance - Total | 0.5 | 0.4 | 0.3 | 0.3 | — |
| Investment Expense - Insurance - Total | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Investment Securities - Business - Gain/(Loss) | 2.8 | 2.9 | 2.0 | 1.1 | — |
| Revenue from Business-Related Activities - Other - Total | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Revenue from Business Activities - Total | 12.6 | 14.3 | 11.7 | 9.4 | 8.3 |
| Insurance Claims/Reserves - Total | 5.4 | 5.4 | 4.7 | 4.3 | 3.8 |
| Insurance Benefits Paid - Current | 5.4 | 5.4 | 4.7 | 4.3 | 3.8 |
| Non-Life Insurance Benefits Paid | 5.4 | 5.4 | 4.7 | 4.3 | 3.8 |
| Selling, General & Administrative Expenses - Total | 1.8 | 1.9 | 1.8 | 1.0 | 0.7 |
| Selling, General & Administrative Expenses - Unclassified | 1.4 | 1.8 | 1.4 | 1.3 | 0.7 |
| Insurance Benefits Ceded | (0.0) | 0.0 | 0.0 | 0.0 | (0.1) |
| Depreciation in Selling, General & Administrative Expenses | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 |
| Other Operating Expense/(Income) - Net | (0.3) | (0.6) | (0.6) | (0.4) | (0.1) |
| Other Operating Income - Total | 0.3 | 0.6 | 1.2 | 0.4 | 0.1 |
| Operating Expenses - Total | 7.9 | 7.9 | 6.8 | 5.9 | 5.4 |
| Selling, General & Administrative Expenses - Other - Total | 0.1 | (0.1) | 0.2 | (0.5) | 0.0 |
| Advertising Expense | — | — | — | — | 0.0 |
| Rental Expense | — | — | — | — | 0.0 |
| Operating Profit before Non-Recurring Income/(Expense) | 4.7 | 6.4 | 4.9 | 3.5 | 2.9 |
| Other Operating Expense | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 |
| Interest Expense - Net of Capitalized Interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Operating Income/(Expense) - Total | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 |
| Foreign Exchange Gain/(Loss) - Non-Business | — | — | — | — | — |
| Normalized Pre-tax Profit | 4.7 | 6.6 | 5.0 | 3.6 | 2.9 |
| Non-Recurring Income/Expense - Total | 0.0 | 0.2 | 0.2 | 0.0 | 0.7 |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | — | — |
| Impairment - Fixed Assets | — | — | — | — | — |
| Impairment - Financial Investments | 0.0 | (0.2) | (0.1) | (0.0) | — |
| Fair Value Adjustments - Investment Property | — | 0.1 | 0.1 | 0.0 | 0.7 |
| Provision for Income Tax Expense- Unclassified | — | — | — | 0.9 | — |
| Income before Taxes | 4.7 | 6.8 | 5.2 | 3.6 | 3.6 |
| Income Taxes | 1.6 | 3.0 | 2.1 | 0.9 | 1.0 |
| Income Taxes for the Year - Current | 1.7 | 2.9 | 2.1 | — | 0.8 |
| Income Taxes - Deferred | (0.1) | 0.1 | (0.0) | — | 0.2 |
| Net Income after Tax | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Income before Discontinued Operations & Extraordinary Items | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Net Income before Minority Interest | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Net Income after Minority Interest | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Income Available to Common Shares | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 1.00 | 2.00 | 1.00 | 0.00 | 0.67 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Income available to Common excluding Extraordinary Items | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Shares used to calculate Basic EPS - Total mn | 900.0 | 900.0 | 900.0 | 900.0 | 900.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 3.48 | 3.94 | 3.16 | 2.92 | 2.10 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| 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 | 900.0 | 900.0 | 900.0 | 900.0 | 900.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 3.48 | 3.94 | 3.16 | 2.92 | 2.10 |
| 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 | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Diluted Income available to Common excluding Extraordinary Items | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Shares used to calculate Diluted EPS - Total mn | 900.0 | 900.0 | 900.0 | 900.0 | 900.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 3.48 | 3.94 | 3.16 | 2.92 | 2.10 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| 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 | 900.0 | 900.0 | 900.0 | 900.0 | 900.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 3.48 | 4.20 | 3.41 | 2.92 | 2.88 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 3.48 | 3.94 | 3.16 | 2.92 | 2.10 |
| 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 | 2.00 | 1.00 | 0.00 | 0.67 | 0.83 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 1.80 | 0.90 | 0.00 | 0.60 | 0.75 |
| Earnings before Interest & Taxes (EBIT) | 4.7 | 6.4 | 4.9 | 3.5 | 2.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 5.0 | 6.7 | 5.1 | 3.7 | 2.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | 2.9 |
| Depreciation - Investment Property - Supplemental | — | — | 0.0 | 0.0 | 0.0 |
| Depreciation & Amortization - Supplemental | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 |
| Depreciation Expense - Total - Supplemental | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 |
| Amortization - Total - Supplemental | 0.0 | 0.0 | — | — | — |
| Intangible Amortization - Other - Supplemental | 0.0 | 0.0 | — | — | — |
| Amortization of Computer Software - Supplemental | 0.0 | 0.0 | — | — | — |
| Depreciation, Depletion & Amortization - Total | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 |
| Depreciation - Total | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.0 | 0.0 | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | 3.1 | 3.5 | 2.8 | 2.6 | 1.9 |
| Normalized Net Income from Continuing Operations | 3.1 | 3.5 | 2.8 | 2.6 | 1.9 |
| Normalized Net Income - Bottom Line | 3.1 | 3.5 | 2.8 | 2.6 | 1.9 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 4.7 | 6.6 | 5.0 | 3.6 | 2.9 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 5.0 | 6.8 | 5.2 | 3.7 | 2.9 |
| Depreciation of Financial Lease Right-of-Use Assets | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 |
| Interest Expense on Financial Lease Liabilities - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Rental/Operating Lease Expense | — | — | — | — | 0.0 |
| Advertising Expenses - Supplemental | — | — | — | — | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Income - Insurance | 0.5 | 0.4 | 0.3 | 0.3 | 1.0 |
| Losses, Benefits & Adjustments - Insurance | 5.4 | 5.4 | 4.7 | 4.3 | 3.8 |
| Operating Expenses | 7.9 | 7.9 | 6.8 | 5.9 | 5.4 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 1.8 | 1.9 | 1.8 | 1.0 | 0.7 |
| Total Claim & Loss Expense | 5.4 | 5.4 | 4.7 | 4.3 | 3.8 |
| Underwriting Expenses - Insurance | 2.4 | 2.4 | 2.2 | 1.6 | 1.6 |
| Income before Taxes & Provision for Loan Losses | 4.7 | 6.8 | 5.2 | 3.6 | 3.6 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 2.00 | 1.00 | 0.00 | 0.67 | 0.83 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 2.00 | 1.00 | 0.00 | 0.67 | 0.83 |
| Tax Adjusted Operating Income | 3.1 | 3.8 | 3.1 | 2.6 | 2.6 |
| Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance | (3.0) | (3.0) | (2.6) | (2.7) | (2.2) |
| Operating Expenses excluding Non-Cash Charges - Total | 7.5 | 7.6 | 6.6 | 5.7 | 5.4 |
| Premiums Earned - Total | 9.2 | 11.0 | 9.5 | 8.1 | 7.3 |
| Losses, Benefits & Adjustments - Total | 5.4 | 5.4 | 4.7 | 4.4 | 3.7 |
| Income Available to Common Shares before Depreciation & Amortization | 3.5 | 4.0 | 3.3 | 2.8 | 2.6 |
| Fixed Charges | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 2.00 | 1.00 | 0.00 | 0.67 | 0.83 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.