Last close · 16 Oct 2026
Rs 5.06 -0.78%
Annual · FY2012 – FY2025
PICIC Insurance Limited (PIL) balance sheet
At the end of FY2025 (Jan – Dec 2025) PICIC Insurance Limited had total assets of Rs 111.1 mn, up 5.5% on FY2024. Shareholders' equity was -Rs 29.2 mn (Rs -0.83 per share), -26.2% of total assets.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 * Jan – Dec 2017 | FY2016 * Jan – Dec 2016 | FY2015 * Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 Jan – Dec 2013 | FY2012 Jan – Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||
| Cash & cash equivalents | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.8 | 0.5 | 30.4 | 41.4 | 102.2 | 245.5 |
| Investments | 84.8 | 79.0 | 66.6 | 56.8 | 51.6 | 48.3 | 44.4 | 40.3 | 38.2 | 36.4 | 53.7 | 75.6 | 73.6 | 66.0 |
| Premium receivables | — | — | — | — | — | — | — | — | 0.0 | 169.8 | 262.0 | 492.3 | 376.2 | 299.5 |
| Reinsurance assets | — | — | — | — | — | — | — | — | 0.0 | 57.2 | 68.6 | 72.2 | 55.1 | 55.4 |
| Total assets | 111.1 | 105.3 | 93.0 | 83.2 | 79.2 | 75.6 | 70.8 | 67.0 | 68.6 | 335.9 | 607.2 | 952.7 | 925.7 | 972.4 |
| Liabilities | ||||||||||||||
| Insurance reserves | 57.7 | 57.7 | 65.7 | — | — | — | — | 0.0 | 0.0 | 134.4 | 337.7 | 500.2 | 526.0 | 522.4 |
| Unearned premiums | — | — | — | — | — | — | — | 0.0 | 0.0 | 21.5 | 196.1 | 314.2 | 402.4 | 363.4 |
| Total liabilities | 140.3 | 116.3 | 108.9 | 102.7 | 97.7 | 93.6 | 88.8 | 82.8 | 72.6 | 297.7 | 548.0 | 853.1 | 697.1 | 748.7 |
| Equity | ||||||||||||||
| Equity attributable to shareholders | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 | 59.1 | 99.6 | 228.6 | 223.6 |
| Total equity | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 | 59.1 | 99.6 | 228.6 | 223.6 |
| Total liabilities & equity | 111.1 | 105.3 | 93.0 | 83.2 | 79.2 | 75.6 | 70.8 | 67.0 | 68.6 | 335.9 | 607.2 | 952.7 | 925.7 | 972.4 |
| Key figures | ||||||||||||||
| Shares outstanding mn | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 36.7 | 36.7 | 36.7 |
| Common equity | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 | 59.1 | 99.6 | 228.6 | 223.6 |
| Book value per share (Rs) Rs | (0.83) | (0.31) | (0.46) | (0.56) | (0.53) | (0.51) | (0.51) | (0.45) | (0.11) | 1.09 | 1.69 | 2.72 | 6.23 | 6.10 |
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 * Jan – Dec 2017 | FY2016 * Jan – Dec 2016 | FY2015 * Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 Jan – Dec 2013 | FY2012 Jan – Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||
| Cash & cash equivalents | 0.0% | -81.3% | -15.8% | +72.7% | -86.0% | +35.3% | -65.4% | -57.1% | +57.3% | -98.4% | -26.6% | -59.4% | -58.4% | — |
| Investments | +7.4% | +18.5% | +17.3% | +10.2% | +6.7% | +8.8% | +10.0% | +5.6% | +5.0% | -32.2% | -28.9% | +2.6% | +11.5% | — |
| Premium receivables | — | — | — | — | — | — | — | — | -100.0% | -35.2% | -46.8% | +30.9% | +25.6% | — |
| Reinsurance assets | — | — | — | — | — | — | — | — | -100.0% | -16.5% | -5.0% | +30.9% | -0.6% | — |
| Total assets | +5.5% | +13.3% | +11.8% | +5.0% | +4.8% | +6.8% | +5.7% | -2.3% | -79.6% | -44.7% | -36.3% | +2.9% | -4.8% | — |
| Liabilities | ||||||||||||||
| Insurance reserves | 0.0% | -12.2% | — | — | — | — | — | — | -100.0% | -60.2% | -32.5% | -4.9% | +0.7% | — |
| Unearned premiums | — | — | — | — | — | — | — | — | -100.0% | -89.1% | -37.6% | -21.9% | +10.7% | — |
| Total liabilities | +20.6% | +6.8% | +6.1% | +5.1% | +4.3% | +5.4% | +7.2% | +14.1% | -75.6% | -45.7% | -35.8% | +22.4% | -6.9% | — |
| Equity | ||||||||||||||
| Equity attributable to shareholders | — | — | — | — | — | — | — | — | -110.5% | -35.4% | -40.6% | -56.4% | +2.2% | — |
| Total equity | — | — | — | — | — | — | — | — | -110.5% | -35.4% | -40.6% | -56.4% | +2.2% | — |
| Total liabilities & equity | +5.5% | +13.3% | +11.8% | +5.0% | +4.8% | +6.8% | +5.7% | -2.3% | -79.6% | -44.7% | -36.3% | +2.9% | -4.8% | — |
| Key figures | ||||||||||||||
| Shares outstanding | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common equity | — | — | — | — | — | — | — | — | -110.5% | -35.4% | -40.6% | -56.4% | +2.2% | — |
| Book value per share (Rs) | — | — | — | — | — | — | — | — | -110.5% | -35.4% | -37.8% | -56.4% | +2.2% | — |
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 | FY2020 * Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 * Jan – Dec 2017 | FY2016 * Jan – Dec 2016 | FY2015 * Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 Jan – Dec 2013 | FY2012 Jan – Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||
| Cash & cash equivalents | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.2% | 0.5% | 1.1% | 0.1% | 5.0% | 4.3% | 11.0% | 25.3% |
| Investments | 76.3% | 75.0% | 71.7% | 68.3% | 65.1% | 63.9% | 62.7% | 60.2% | 55.7% | 10.8% | 8.8% | 7.9% | 8.0% | 6.8% |
| Premium receivables | — | — | — | — | — | — | — | — | 0.0% | 50.6% | 43.2% | 51.7% | 40.6% | 30.8% |
| Reinsurance assets | — | — | — | — | — | — | — | — | 0.0% | 17.0% | 11.3% | 7.6% | 6.0% | 5.7% |
| Total assets | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Liabilities | ||||||||||||||
| Insurance reserves | 51.9% | 54.8% | 70.7% | — | — | — | — | 0.0% | 0.0% | 40.0% | 55.6% | 52.5% | 56.8% | 53.7% |
| Unearned premiums | — | — | — | — | — | — | — | 0.0% | 0.0% | 6.4% | 32.3% | 33.0% | 43.5% | 37.4% |
| Total liabilities | 126.2% | 110.4% | 117.2% | 123.5% | 123.3% | 123.8% | 125.4% | 123.6% | 105.9% | 88.6% | 90.3% | 89.5% | 75.3% | 77.0% |
| Equity | ||||||||||||||
| Equity attributable to shareholders | (26.2%) | (10.4%) | (17.2%) | (23.5%) | (23.3%) | (23.8%) | (25.4%) | (23.6%) | (5.9%) | 11.4% | 9.7% | 10.5% | 24.7% | 23.0% |
| Total equity | (26.2%) | (10.4%) | (17.2%) | (23.5%) | (23.3%) | (23.8%) | (25.4%) | (23.6%) | (5.9%) | 11.4% | 9.7% | 10.5% | 24.7% | 23.0% |
| Total liabilities & equity | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Key figures | ||||||||||||||
| Common equity | (26.2%) | (10.4%) | (17.2%) | (23.5%) | (23.3%) | (23.8%) | (25.4%) | (23.6%) | (5.9%) | 11.4% | 9.7% | 10.5% | 24.7% | 23.0% |
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. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 68
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.8 | 0.5 |
| Receivables - Total | 26.3 | 26.3 | 26.3 | 26.3 | 27.6 | 27.1 | 26.3 | 26.3 | 26.3 | 202.3 |
| Insurance Premium Receivables | — | — | — | — | — | — | — | — | 0.0 | 169.8 |
| Income Tax - Receivables | 26.3 | 26.3 | 26.3 | 26.3 | 27.6 | 27.1 | 26.3 | 26.3 | 26.3 | 26.3 |
| Receivables - Other | — | — | — | — | — | — | — | 0.0 | 0.0 | 6.2 |
| Investments including Loans - Total | 84.8 | 79.0 | 66.6 | 56.8 | 51.6 | 48.3 | 44.4 | 40.3 | 38.2 | 36.4 |
| Property, Plant & Equipment - Net - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 13.4 |
| Deferred Policy Acquisition Costs | — | — | — | — | — | — | — | — | — | 0.0 |
| Reinsurance Assets | — | — | — | — | — | — | — | — | 0.0 | 57.2 |
| Reinsurance Recoverable - In Insurance Provisions | — | — | — | — | — | — | — | — | 0.0 | 57.2 |
| Reinsurance Recoverable - Outstanding Claims | — | — | — | — | — | — | — | — | 0.0 | 57.2 |
| Other Assets - Total | — | — | — | — | — | — | — | 0.0 | 2.6 | 26.1 |
| Deferred Charges | — | — | — | — | — | — | — | 0.0 | 0.0 | 3.5 |
| Deferred Tax - Asset - Long-Term & Short-Term | — | — | — | — | — | — | — | 0.0 | 2.6 | 2.6 |
| Accrued Investment Income | — | — | — | — | — | — | — | — | — | 0.0 |
| Prepaid Expenses - Total | — | — | — | — | — | — | — | 0.0 | 0.0 | 20.0 |
| Intangible Assets - Total - Net | — | — | — | — | — | — | — | — | 0.0 | 0.0 |
| Intangible Assets - excluding Goodwill - Net - Total | — | — | — | — | — | — | — | — | 0.0 | 0.0 |
| Total Assets | 111.1 | 105.3 | 93.0 | 83.2 | 79.2 | 75.6 | 70.8 | 67.0 | 68.6 | 335.9 |
| Insurance Reserves - Total | 57.7 | 57.7 | 65.7 | — | — | — | — | 0.0 | 0.0 | 134.4 |
| Unearned Premiums - Gross | — | — | — | — | — | — | — | 0.0 | 0.0 | 21.5 |
| Policy & Contract Claims - Gross | 57.7 | 57.7 | 65.7 | — | — | — | — | 0.0 | 0.0 | 112.9 |
| Dividends Payable | 0.2 | 0.2 | 0.2 | 0.2 | — | — | — | — | 0.2 | 0.2 |
| Payables & Accrued Expenses | 82.4 | 58.4 | 43.0 | 102.5 | 97.7 | 93.6 | 88.8 | 82.8 | 72.4 | 163.1 |
| Accrued Expenses | — | — | — | — | — | — | — | — | 0.0 | 10.8 |
| Payable - Reinsurance & Brokers/Agents | 17.7 | 17.7 | 17.7 | — | — | — | — | 0.0 | 0.0 | 118.9 |
| Other Payables - Total | 64.7 | 40.7 | 25.4 | 102.5 | 97.7 | 93.6 | 88.8 | 82.8 | 72.4 | 33.5 |
| Total Liabilities | 140.3 | 116.3 | 108.9 | 102.7 | 97.7 | 93.6 | 88.8 | 82.8 | 72.6 | 297.7 |
| Shareholders' Equity - Attributable to Parent Shareholders - Total | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Common Equity Attributable to Parent Shareholders | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Common Equity - Contributed | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 |
| Common Stock - Issued & Paid | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 | 350.0 |
| Equity - Non-Contributed - Reserves & Retained Earnings | (379.2) | (361.0) | (365.9) | (369.5) | (368.4) | (368.0) | (368.0) | (365.8) | (354.0) | (311.8) |
| Retained Earnings - Total | (379.2) | (361.0) | (365.9) | (369.5) | (368.4) | (368.0) | (368.0) | (365.8) | (354.0) | (311.8) |
| Common Equity - Total | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Total Shareholders' Equity - including Minority Interest & Hybrid Debt | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Total Liabilities & Equity | 111.1 | 105.3 | 93.0 | 83.2 | 79.2 | 75.6 | 70.8 | 67.0 | 68.6 | 335.9 |
| Common Shares - Issued - Total mn | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 |
| Common Shares - Outstanding - Total mn | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 |
| Common Shares - Treasury - Total mn | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Common Shares - Authorized - Issue Specific mn | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 | 125.0 |
| Common Shares - Issued - Issue Specific mn | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 |
| Common Shares - Outstanding - Issue Specific mn | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 | 35.0 |
| Common Shares - Treasury - Issue Specific mn | 0.0 | 0.0 | 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× | 1.00× | 1.00× |
| Net Debt | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) | (0.1) | (0.3) | (0.8) | (0.5) |
| Asset Accruals | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) | (0.1) | (0.3) | (0.8) | (0.5) |
| Cash & Cash Equivalents - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.8 | 0.5 |
| Cash & Short Term Investments - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.8 | 0.5 |
| Earning Assets | 84.8 | 79.0 | 66.6 | 56.8 | 51.6 | 48.3 | 44.4 | 40.3 | 38.2 | 36.4 |
| Invested Assets - Total | 84.8 | 79.0 | 66.6 | 56.8 | 51.6 | 48.3 | 44.4 | 40.3 | 38.2 | 36.4 |
| Net Book Capital | (29.2) | (11.0) | (16.0) | (19.5) | (18.5) | (18.2) | (18.1) | (16.2) | (4.8) | 37.7 |
| Net Operating Assets | (29.2) | (11.0) | (16.0) | (19.5) | (18.5) | (18.2) | (18.1) | (16.2) | (4.8) | 37.7 |
| Non-Reserve Liabilities | 82.6 | 58.6 | 43.2 | — | — | — | — | 82.8 | 72.6 | 163.3 |
| Shareholders Equity - Common | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Tangible Total Equity | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Tangible Book Value | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Total Book Capital | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Total Capital | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Total Long Term Capital | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Book Value excluding Other Equity | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Cash & Short Term Investments - Net of Debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.8 | 0.5 |
| Net Debt Including Preferred Equity & Minority Interest | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) | (0.1) | (0.3) | (0.8) | (0.5) |
| Other Short-Term & Long-Term Assets - Total | — | — | — | — | — | — | — | 0.0 | 2.6 | 26.1 |
| Tangible Book Value excluding Other Equity | (29.2) | (11.0) | (15.9) | (19.5) | (18.4) | (18.0) | (18.0) | (15.8) | (4.0) | 38.2 |
| Benefit & Claims Reserves - Gross | 57.7 | 57.7 | 65.7 | — | — | — | — | 0.0 | 0.0 | 112.9 |
| Reinsurance Liabilities | 17.7 | 17.7 | 17.7 | — | — | — | — | 0.0 | 0.0 | 118.9 |
| Cash in Hand & with Banks - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.3 | 0.7 | 0.4 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.