Skip to content
Smart Money

Insurance

PKGI The Pakistan General Insurance Co. Ltd.

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

Last close · 16 Oct 2026

Rs 24.75 -1.16%

Annual · FY2016 – FY2025

The Pakistan General Insurance Co. Ltd. (PKGI) balance sheet

At the end of FY2025 (Jan – Dec 2025) The Pakistan General Insurance Co. Ltd. had total assets of Rs 910.1 mn, up 27.1% on FY2024. Shareholders' equity was Rs 719.0 mn (Rs 14.38 per share), 79.0% of total assets.

PKGI balance sheet (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 FY2020 * Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016
Assets
Cash & cash equivalents 24.6 31.5 0.5 0.5 7.8 2.9 6.4 22.6 28.8 8.4
Investments 499.9 471.0 417.9 312.7 309.3 304.9 324.7 354.2 353.2 350.4
Premium receivables 128.2 10.8 0.0 58.5 71.0 100.4 116.1 151.9 286.3 298.5
Reinsurance assets — — — 0.0 0.0 2.5 0.0 5.0 118.0 118.0
Total assets 910.1 716.3 585.7 478.4 508.0 507.5 549.4 637.1 918.2 950.1
Liabilities
Insurance reserves 90.6 14.3 — — — — — 0.0 30.4 163.1
Unearned premiums 82.7 11.3 — — — — — 0.0 30.4 163.1
Total liabilities 191.1 158.5 96.0 59.0 60.7 78.2 78.6 146.8 308.3 382.2
Equity
Equity attributable to shareholders 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Total equity 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Total liabilities & equity 910.1 716.3 585.7 478.4 508.0 507.5 549.4 637.1 918.2 950.1
Key figures
Shares outstanding mn 50.0 50.0 46.4 46.4 46.4 46.4 46.4 46.4 46.4 40.0
Common equity 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Book value per share (Rs) Rs 14.38 11.16 10.55 9.04 9.64 9.25 10.15 10.57 13.14 14.20
PKGI balance sheet — 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 FY2020 * Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016
Assets
Cash & cash equivalents -21.9% +6,686.4% -11.4% -93.3% +167.5% -54.4% -71.7% -21.5% +241.0% —
Investments +6.1% +12.7% +33.7% +1.1% +1.4% -6.1% -8.3% +0.3% +0.8% —
Premium receivables +1,083.8% — -100.0% -17.6% -29.2% -13.5% -23.6% -46.9% -4.1% —
Reinsurance assets — — — — -100.0% — -100.0% -95.8% 0.0% —
Total assets +27.1% +22.3% +22.4% -5.8% +0.1% -7.6% -13.8% -30.6% -3.4% —
Liabilities
Insurance reserves +534.7% — — — — — — -100.0% -81.4% —
Unearned premiums +630.2% — — — — — — -100.0% -81.4% —
Total liabilities +20.6% +65.0% +62.8% -2.9% -22.3% -0.5% -46.4% -52.4% -19.4% —
Equity
Equity attributable to shareholders +28.9% +13.9% +16.7% -6.2% +4.2% -8.8% -4.0% -19.6% +7.4% —
Total equity +28.9% +13.9% +16.7% -6.2% +4.2% -8.8% -4.0% -19.6% +7.4% —
Total liabilities & equity +27.1% +22.3% +22.4% -5.8% +0.1% -7.6% -13.8% -30.6% -3.4% —
Key figures
Shares outstanding — — — — — — — — — —
Common equity +28.9% +13.9% +16.7% -6.2% +4.2% -8.8% -4.0% -19.6% +7.4% —
Book value per share (Rs) +28.9% +5.7% +16.7% -6.2% +4.2% -8.8% -4.0% -19.6% -7.4% —

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

PKGI balance sheet — 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 FY2020 * Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016
Assets
Cash & cash equivalents 2.7% 4.4% 0.1% 0.1% 1.5% 0.6% 1.2% 3.5% 3.1% 0.9%
Investments 54.9% 65.8% 71.4% 65.4% 60.9% 60.1% 59.1% 55.6% 38.5% 36.9%
Premium receivables 14.1% 1.5% 0.0% 12.2% 14.0% 19.8% 21.1% 23.8% 31.2% 31.4%
Reinsurance assets — — — 0.0% 0.0% 0.5% 0.0% 0.8% 12.9% 12.4%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Insurance reserves 10.0% 2.0% — — — — — 0.0% 3.3% 17.2%
Unearned premiums 9.1% 1.6% — — — — — 0.0% 3.3% 17.2%
Total liabilities 21.0% 22.1% 16.4% 12.3% 12.0% 15.4% 14.3% 23.0% 33.6% 40.2%
Equity
Equity attributable to shareholders 79.0% 77.9% 83.6% 87.7% 88.0% 84.6% 85.7% 77.0% 66.4% 59.8%
Total equity 79.0% 77.9% 83.6% 87.7% 88.0% 84.6% 85.7% 77.0% 66.4% 59.8%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Common equity 79.0% 77.9% 83.6% 87.7% 88.0% 84.6% 85.7% 77.0% 66.4% 59.8%

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 95
PKGI balance sheet — 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 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016
Cash & Cash Equivalents 24.6 31.5 0.5 0.5 7.8 2.9 6.4 22.6 28.8 8.4
Receivables - Total 130.1 14.4 2.4 60.3 71.8 101.4 116.5 151.9 286.3 298.5
Insurance Premium Receivables 128.2 10.8 0.0 58.5 71.0 100.4 116.1 151.9 286.3 298.5
Income Tax - Receivables 2.0 3.5 2.4 1.7 0.8 1.0 0.4 — — —
Investments including Loans - Total 499.9 471.0 417.9 312.7 309.3 304.9 324.7 354.2 353.2 350.4
Investment Securities - Available for Sale, Held to Maturity & Held for Trading - Total 45.7 50.9 45.7 46.2 40.8 46.1 46.4 31.0 31.1 41.1
Investment Securities - Fixed Income 45.4 50.6 45.6 45.5 40.0 45.0 44.7 29.0 29.0 35.9
Investment Securities - Equity 0.4 0.2 0.1 0.7 0.8 1.1 1.6 2.0 2.1 5.3
Investment Property 411.4 418.1 370.7 259.7 262.0 251.9 267.6 298.7 297.2 236.3
Loans - Mortgage, Policy & Other 42.7 2.0 1.4 6.8 6.5 6.9 10.8 24.5 24.9 73.0
Loans - Other 7.3 2.0 1.4 6.8 6.5 6.9 10.8 24.5 24.9 73.0
Property, Plant & Equipment - Net - Total 236.2 197.4 164.9 105.0 119.1 95.8 101.8 103.5 115.3 121.7
Reinsurance Assets — — — 0.0 0.0 2.5 0.0 5.0 118.0 118.0
Deposits - Held under Reinsurance — — — 0.0 0.0 2.5 0.0 5.0 118.0 118.0
Other Assets - Total 18.2 2.1 — — — — — 0.0 16.6 53.0
Deferred Charges 18.2 2.1 — — — — — 0.0 5.9 24.7
Prepaid Expenses - Total — — — — — — — 0.0 10.7 28.3
Intangible Assets - Total - Net 1.1 — — — — — — — — —
Intangible Assets - excluding Goodwill - Net - Total 1.1 — — — — — — — — —
Total Assets 910.1 716.3 585.7 478.4 508.0 507.5 549.4 637.1 918.2 950.1
Insurance Reserves - Total 90.6 14.3 — — — — — 0.0 30.4 163.1
Debt - Total 28.5 11.9 11.3 0.0 0.0 — — 0.0 112.0 0.0
Short-Term Debt & Current Portion of Long-Term Debt — — — 0.0 0.0 — — — — —
Unearned Premiums - Gross 82.7 11.3 — — — — — 0.0 30.4 163.1
Policy & Contract Claims - Gross 7.9 2.9 — — — — — — — —
Short-Term Debt & Notes Payable — — — 0.0 0.0 — — — — —
Debt - Long-Term - Total 28.5 11.9 11.3 — — — — 0.0 112.0 0.0
Short-Term Banking Borrowings excluding Collateralized Financing — — — 0.0 0.0 — — — — —
Long-Term Debt excluding Capitalized Leases 28.5 11.9 11.3 — — — — 0.0 112.0 0.0
Debt - Non-Convertible - Long-Term 28.5 11.9 11.3 — — — — 0.0 112.0 0.0
Deferred Tax & Investment Tax Credits - Long-Term — — — 0.0 0.0 — — 0.0 7.2 20.1
Deferred Tax - Liability - Long-Term — — — 0.0 0.0 — — 0.0 7.2 20.1
Payables & Accrued Expenses 70.6 18.3 4.5 35.5 38.5 72.8 72.4 71.8 72.8 144.4
Payable - Reinsurance & Brokers/Agents 11.7 5.1 0.0 29.2 29.2 42.7 42.7 41.5 40.7 124.2
Other Liabilities - Total 1.4 114.1 80.2 23.4 22.3 5.4 6.2 75.0 86.0 54.7
Other Payables - Total 59.0 13.2 4.5 6.3 9.2 30.1 29.7 30.3 32.1 20.2
Other Liabilities - — 114.1 80.2 23.4 22.3 5.4 6.2 75.0 86.0 54.7
Provisions 1.4 — — — — — — — — —
Post Employment Benefits - Pension & Other 1.4 — — — — — — — — —
Total Liabilities 191.1 158.5 96.0 59.0 60.7 78.2 78.6 146.8 308.3 382.2
Shareholders' Equity - Attributable to Parent Shareholders - Total 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Common Equity Attributable to Parent Shareholders 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Common Equity - Contributed 500.0 500.0 464.0 464.0 464.0 464.0 464.0 464.0 464.0 400.0
Common Stock - Issued & Paid 500.0 500.0 464.0 464.0 464.0 464.0 464.0 464.0 464.0 400.0
Equity - Non-Contributed - Reserves & Retained Earnings 219.0 57.8 25.7 (44.6) (16.8) (34.7) 6.7 26.4 145.9 167.8
Retained Earnings - Total 35.4 6.8 (25.3) (96.0) (68.3) (86.2) (45.2) (25.8) 94.0 52.3
Comprehensive Income - Accumulated - Total 132.5 — — — — 0.5 — — 1.0 0.5
Other Reserves/Equity - Total 51.1 51.0 50.9 51.4 51.5 51.0 52.0 52.2 51.0 115.0
Common Equity - Total 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Total Liabilities & Equity 910.1 716.3 585.7 478.4 508.0 507.5 549.4 637.1 918.2 950.1
Revaluation Reserves 132.5 — — — — 0.5 — — 1.0 0.5
Common Shares - Issued - Total mn 50.0 50.0 46.4 46.4 46.4 46.4 46.4 46.4 46.4 40.0
Common Shares - Outstanding - Total mn 50.0 50.0 46.4 46.4 46.4 46.4 46.4 46.4 46.4 40.0
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 50.0 50.0 50.0 50.0 50.0 50.0 50.0 50.0 50.0 50.0
Common Shares - Issued - Issue Specific mn 50.0 50.0 46.4 46.4 46.4 46.4 46.4 46.4 46.4 40.0
Common Shares - Outstanding - Issue Specific mn 50.0 50.0 46.4 46.4 46.4 46.4 46.4 46.4 46.4 40.0
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×
Debt including Finance and Operating Lease Liabilities - Supplemental 28.5 11.9 11.3 0.0 0.0 — — 0.0 112.0 0.0
Net Debt 3.9 (19.6) 10.9 (0.5) (7.8) (2.9) (6.4) (22.6) 83.2 (8.4)
Asset Accruals (24.6) (31.5) (0.5) (0.5) (7.8) (2.9) (6.4) (22.6) (28.8) (8.4)
Cash & Cash Equivalents - Total 24.6 31.5 0.5 0.5 7.8 2.9 6.4 22.6 28.8 8.4
Cash & Securities 457.2 468.9 416.5 305.9 302.8 298.0 313.9 329.7 328.3 277.4
Cash & Short Term Investments - Total 24.6 31.5 0.5 0.5 7.8 2.9 6.4 22.6 28.8 8.4
Debt - including Preferred Equity & Minority Interest - Total 28.5 11.9 11.3 0.0 0.0 — — 0.0 112.0 0.0
Earning Assets 499.9 471.0 417.9 312.7 309.3 304.9 324.7 354.2 353.2 350.4
Equity Securities & Real Estate 411.8 418.3 370.9 260.4 262.8 253.0 269.2 300.7 299.3 241.6
Invested Assets - Total 499.9 471.0 417.9 312.7 309.3 304.9 324.7 354.2 353.2 350.4
Investment Securities 45.7 50.9 45.7 46.2 40.8 46.1 46.4 31.0 31.1 41.1
Investments - Permanent 411.4 418.1 370.7 259.7 262.0 251.9 267.6 298.7 297.2 236.3
Net Book Capital 722.9 538.2 500.5 418.9 439.5 426.4 464.4 467.8 693.2 559.4
Net Operating Assets 722.9 538.2 500.5 418.9 439.5 426.4 464.4 467.8 693.2 559.4
Non-Reserve Liabilities 100.5 144.2 — — — — — 146.8 277.9 219.2
Provisions - Total 1.4 — — 0.0 0.0 — — 0.0 7.2 20.1
Shareholders Equity - Common 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Tangible Total Equity 717.9 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Tangible Book Value 717.9 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Total Book Capital 747.5 569.6 501.0 419.4 447.3 429.3 470.8 490.4 721.9 567.8
Total Capital 747.5 569.6 501.0 419.4 447.3 429.3 470.8 490.4 721.9 567.8
Total Long Term Capital 719.0 557.8 489.7 419.4 447.3 429.3 470.8 490.4 609.9 567.8
Book Value excluding Other Equity 667.9 506.8 438.7 368.1 395.7 378.3 418.8 438.2 558.9 452.8
Cash & Short Term Investments - Net of Debt (3.9) 19.6 (10.9) 0.5 7.8 2.9 6.4 22.6 (83.2) 8.4
Interest Bearing Liabilities - Total 28.5 11.9 11.3 0.0 0.0 — — 0.0 112.0 0.0
Net Debt Including Preferred Equity & Minority Interest 3.9 (19.6) 10.9 (0.5) (7.8) (2.9) (6.4) (22.6) 83.2 (8.4)
Other Short-Term & Long-Term Assets - Total 18.2 2.1 — — — — — 0.0 16.6 53.0
Other Short-Term & Long-Term Liabilities - Total — 114.1 80.2 23.4 22.3 5.4 6.2 75.0 86.0 54.7
Tangible Book Value excluding Other Equity 666.8 506.8 438.7 368.1 395.7 378.3 418.8 438.2 558.9 452.8
Total Debt Excluding Islamic 28.5 11.9 11.3 0.0 0.0 — — 0.0 112.0 0.0
Investment in Equity, Real Estate & Mortgages 411.8 418.3 370.9 260.4 262.8 253.0 269.2 300.7 299.3 241.6
Book Value excluding Accumulated Comprehensive Income 586.5 — — — — 428.8 — — 609.0 567.3
Benefit & Claims Reserves - Gross 7.9 2.9 — — — — — — — —
Reinsurance Liabilities 11.7 5.1 0.0 29.2 29.2 42.7 42.7 41.5 40.7 124.2
Cash in Hand & with Banks - Total 24.6 31.5 0.5 0.5 7.8 2.9 6.4 22.6 28.8 8.4

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.