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Insurance

UNIC The United Insurance Company

Latest results: FY2025 · Dec 2025

Last close · 16 Oct 2026

Rs 10.78 -0.28%

Annual · FY2012 – FY2025

The United Insurance Company (UNIC) balance sheet

At the end of FY2025 (Jan – Dec 2025) The United Insurance Company had total assets of Rs 21.9 bn, up 36.3% on FY2024. Shareholders' equity was Rs 10.2 bn (Rs 20.42 per share), 46.6% of total assets.

UNIC balance sheet (annual) (Rs bn)
Rs bn 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 0.8 0.8 0.6 0.9 0.8 0.5 0.3 0.5 0.5 0.4 0.3 0.3 0.1 0.2
Investments 5.0 4.4 3.5 3.3 2.5 0.8 0.9 0.6 0.6 1.1 1.1 0.7 0.4 0.2
Premium receivables 4.2 3.2 1.7 1.6 1.1 1.5 0.9 0.8 1.1 1.2 1.2 1.1 0.6 0.4
Reinsurance assets 3.6 2.1 2.8 3.0 1.5 1.3 1.4 1.4 1.0 0.6 0.7 0.9 0.5 0.1
Total assets 21.9 16.1 13.9 13.0 10.2 9.9 8.2 6.9 6.2 5.5 5.1 4.8 3.0 2.1
Liabilities
Insurance reserves 7.1 6.3 6.2 6.2 4.5 4.3 3.7 3.4 3.1 2.4 2.3 2.5 1.5 0.9
Unearned premiums 2.3 3.4 2.6 2.5 2.4 2.5 1.7 1.7 1.7 1.6 1.5 1.4 0.9 0.7
Total liabilities 11.7 10.0 8.8 8.3 5.9 5.7 4.3 3.8 3.5 2.8 2.8 3.1 1.8 1.1
Equity
Equity attributable to shareholders 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6 2.3 1.7 1.2 1.0
Total equity 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6 2.3 1.7 1.2 1.0
Total liabilities & equity 21.9 16.1 13.9 13.0 10.2 9.9 8.2 6.9 6.2 5.5 5.1 4.8 3.0 2.1
Key figures
Shares outstanding mn 499.3 499.3 499.3 424.8 424.8 424.8 424.8 424.8 424.8 424.8 424.8 424.8 424.8 424.8
Common equity 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6 2.3 1.7 1.2 1.0
Book value per share (Rs) Rs 20.42 12.06 10.07 11.02 10.26 9.73 9.11 7.35 6.41 6.21 5.38 3.97 2.88 2.27
UNIC 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 FY2015 Jan – Dec 2015 FY2014 Jan – Dec 2014 FY2013 Jan – Dec 2013 FY2012 Jan – Dec 2012
Assets
Cash & cash equivalents +1.8% +38.0% -34.2% +16.9% +67.3% +71.8% -51.0% +10.7% +34.1% +12.5% -2.9% +128.5% -2.6% —
Investments +13.7% +24.8% +8.5% +28.0% +235.5% -12.1% +46.5% -2.4% -44.4% +2.9% +60.6% +54.1% +98.8% —
Premium receivables +32.5% +89.2% +3.9% +41.6% -24.6% +71.2% +9.2% -24.6% -11.6% +0.0% +6.8% +87.9% +49.8% —
Reinsurance assets +74.5% -26.9% -7.1% +102.0% +11.0% -4.5% +2.5% +34.9% +75.9% -15.4% -26.3% +71.6% +379.0% —
Total assets +36.3% +15.8% +6.6% +26.9% +3.9% +20.5% +18.7% +11.0% +13.6% +8.1% +4.9% +60.2% +44.8% —
Liabilities
Insurance reserves +11.8% +2.5% -0.6% +39.9% +4.0% +16.7% +7.2% +10.7% +30.5% +3.0% -7.7% +64.2% +71.1% —
Unearned premiums -32.7% +28.4% +5.9% +1.3% -3.3% +45.0% +4.4% -1.1% +7.0% +5.4% +4.9% +58.3% +22.2% —
Total liabilities +16.4% +13.6% +6.2% +41.3% +2.8% +32.8% +14.3% +8.1% +23.3% +2.0% -11.5% +75.5% +60.5% —
Equity
Equity attributable to shareholders +69.3% +19.7% +7.4% +7.4% +5.4% +6.8% +23.9% +14.7% +3.2% +15.5% +35.6% +38.0% +26.6% —
Total equity +69.3% +19.7% +7.4% +7.4% +5.4% +6.8% +23.9% +14.7% +3.2% +15.5% +35.6% +38.0% +26.6% —
Total liabilities & equity +36.3% +15.8% +6.6% +26.9% +3.9% +20.5% +18.7% +11.0% +13.6% +8.1% +4.9% +60.2% +44.8% —
Key figures
Shares outstanding — — — — — — — — — — — — — —
Common equity +69.3% +19.7% +7.4% +7.4% +5.4% +6.8% +23.9% +14.7% +3.2% +15.5% +35.6% +38.0% +26.6% —
Book value per share (Rs) +69.3% +19.7% -8.6% +7.4% +5.4% +6.8% +23.9% +14.7% +3.2% +15.5% +35.6% +38.0% +26.6% —

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

UNIC 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 FY2015 Jan – Dec 2015 FY2014 Jan – Dec 2014 FY2013 Jan – Dec 2013 FY2012 Jan – Dec 2012
Assets
Cash & cash equivalents 3.8% 5.1% 4.2% 6.9% 7.5% 4.6% 3.3% 7.9% 7.9% 6.7% 6.4% 6.9% 4.9% 7.2%
Investments 22.9% 27.5% 25.5% 25.1% 24.8% 7.7% 10.5% 8.5% 9.7% 19.8% 20.8% 13.6% 14.1% 10.3%
Premium receivables 19.2% 19.7% 12.1% 12.4% 11.1% 15.3% 10.8% 11.7% 17.2% 22.2% 23.9% 23.5% 20.1% 19.4%
Reinsurance assets 16.4% 12.8% 20.3% 23.3% 14.6% 13.7% 17.3% 20.0% 16.5% 10.6% 13.6% 19.3% 18.1% 5.5%
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 32.4% 39.5% 44.6% 47.9% 43.4% 43.4% 44.8% 49.6% 49.7% 43.3% 45.4% 51.7% 50.4% 42.7%
Unearned premiums 10.3% 20.9% 18.8% 19.0% 23.8% 25.5% 21.2% 24.1% 27.1% 28.8% 29.5% 29.5% 29.9% 35.4%
Total liabilities 53.4% 62.5% 63.7% 64.0% 57.5% 58.1% 52.7% 54.7% 56.2% 51.8% 54.8% 65.0% 59.4% 53.6%
Equity
Equity attributable to shareholders 46.6% 37.5% 36.3% 36.0% 42.5% 41.9% 47.3% 45.3% 43.8% 48.2% 45.2% 35.0% 40.6% 46.4%
Total equity 46.6% 37.5% 36.3% 36.0% 42.5% 41.9% 47.3% 45.3% 43.8% 48.2% 45.2% 35.0% 40.6% 46.4%
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 46.6% 37.5% 36.3% 36.0% 42.5% 41.9% 47.3% 45.3% 43.8% 48.2% 45.2% 35.0% 40.6% 46.4%

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 15 Oct 2026.

All reported line items 108
UNIC balance sheet — all reported line items (Rs bn)
Rs bn 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 0.8 0.8 0.6 0.9 0.8 0.5 0.3 0.5 0.5 0.4
Receivables - Total 4.2 3.2 1.7 1.6 1.1 1.5 0.9 0.8 1.1 1.4
Insurance Premium Receivables 4.2 3.2 1.7 1.6 1.1 1.5 0.9 0.8 1.1 1.2
Receivables - Other — — — — — — — — — 0.1
Investments including Loans - Total 5.0 4.4 3.5 3.3 2.5 0.8 0.9 0.6 0.6 1.1
Investment Securities - Available for Sale, Held to Maturity & Held for Trading - Total 1.9 1.6 1.4 1.8 1.0 0.6 0.7 0.4 0.4 1.1
Investment Securities - Fixed Income 0.8 0.8 1.1 1.2 0.6 0.4 0.3 0.3 0.3 —
Investment Securities - Equity 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 —
Investment Securities - Other 1.2 0.8 0.3 0.6 0.4 0.2 0.4 0.1 0.1 —
Investment Property 0.5 0.5 0.3 0.3 0.1 0.0 0.0 0.0 0.0 0.0
Loans - Mortgage, Policy & Other 2.5 2.4 1.8 1.2 1.4 0.1 0.1 0.2 0.2 0.0
Investment Securities Available for Sale & Held to Maturity — — — — — — — — — 1.1
Property, Plant & Equipment - Net - Total 2.4 2.2 1.8 1.5 1.2 1.2 1.2 0.8 0.8 0.8
Reinsurance Assets 3.6 2.1 2.8 3.0 1.5 1.3 1.4 1.4 1.0 0.6
Reinsurance Recoverable - In Insurance Provisions 3.6 2.1 2.8 3.0 1.5 1.3 1.4 1.4 1.0 0.6
Reinsurance Recoverable - Outstanding Claims 3.6 2.1 2.8 3.0 1.5 1.3 1.4 1.4 1.0 0.6
Other Assets - Total 5.8 3.4 3.4 2.7 2.8 2.6 1.9 1.5 1.3 1.2
Deferred Charges 0.4 0.5 0.4 0.3 0.4 0.2 0.2 0.2 0.2 0.2
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries — 0.0 0.0 0.0 0.4 1.9 1.6 1.3 0.9 —
Deferred Tax - Asset - Long-Term & Short-Term — — — — — — — — — 0.0
Accrued Investment Income — — — — — — — — — 0.0
Prepaid Expenses - Total 2.6 2.2 2.4 1.7 1.7 1.7 1.0 0.7 0.7 0.6
Other Assets 2.8 0.7 0.6 0.7 0.7 0.8 0.7 0.6 0.5 0.4
Intangible Assets - Total - Net 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 —
Total Assets 21.9 16.1 13.9 13.0 10.2 9.9 8.2 6.9 6.2 5.5
Insurance Reserves - Total 7.1 6.3 6.2 6.2 4.5 4.3 3.7 3.4 3.1 2.4
Benefit & Loss Reserves - Gross — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Debt - Total 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Short-Term Debt & Current Portion of Long-Term Debt 0.1 0.1 — — — 0.0 0.0 — — —
Benefit & Loss Reserves - Non-Life - Gross — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Unearned Premiums - Gross 2.3 3.4 2.6 2.5 2.4 2.5 1.7 1.7 1.7 1.6
Policy & Contract Claims - Gross 4.8 3.0 3.6 3.8 2.0 1.8 1.9 1.7 1.4 0.8
Current Portion of Long-Term Debt including Capitalized Leases 0.1 0.1 — — — 0.0 0.0 — — —
Capitalized Leases - Current Portion 0.1 0.1 — — — 0.0 0.0 — — —
Debt - Long-Term - Total 0.1 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1
Capitalized Lease Obligations - Long-Term 0.1 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1
Deferred Tax & Investment Tax Credits - Long-Term 0.4 0.2 0.2 0.2 0.1 0.2 0.2 0.0 0.0 0.0
Deferred Tax - Liability - Long-Term 0.4 0.2 0.2 0.2 0.1 0.2 0.2 0.0 0.0 0.0
Payables & Accrued Expenses 2.7 1.8 1.5 1.2 0.8 1.0 0.2 0.1 0.2 0.2
Accrued Expenses — — — — — — — — — 0.0
Payable - Reinsurance & Brokers/Agents 1.2 1.0 0.8 0.8 0.4 0.9 0.2 0.1 0.1 0.1
Other Liabilities - Total 1.4 1.4 0.9 0.7 0.5 0.2 0.2 0.1 0.1 0.1
Other Payables - Total 1.5 0.8 0.7 0.4 0.3 0.1 0.1 0.1 0.1 0.1
Other Liabilities - 1.4 1.4 0.9 0.7 0.5 0.2 0.2 0.1 0.1 0.1
Provisions — — — — — 0.0 — — — 0.1
Post Employment Benefits - Pension & Other — — — — — 0.0 — — — 0.1
Total Liabilities 11.7 10.0 8.8 8.3 5.9 5.7 4.3 3.8 3.5 2.8
Shareholders' Equity - Attributable to Parent Shareholders - Total 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Common Equity Attributable to Parent Shareholders 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Common Equity - Contributed 4.2 3.5 3.5 3.0 3.0 3.0 2.6 2.3 2.0 1.8
Common Stock - Issued & Paid 4.2 3.5 3.5 3.0 3.0 3.0 2.6 2.3 2.0 1.8
Equity - Non-Contributed - Reserves & Retained Earnings 6.0 2.6 1.6 1.7 1.4 1.2 1.3 0.9 0.7 0.8
Retained Earnings - Total 4.3 1.5 0.8 1.0 1.0 0.8 0.8 0.8 0.6 0.8
Comprehensive Income - Accumulated - Total 1.0 0.6 0.7 0.7 0.3 0.4 0.4 0.1 0.1 0.1
Other Reserves/Equity - Total 0.8 0.5 0.1 0.1 0.1 — — — — —
Common Equity - Total 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Common Stock - Additional Paid in Capital including Option Reserve — — — — — — 0.0 — 0.0 —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Total Liabilities & Equity 21.9 16.1 13.9 13.0 10.2 9.9 8.2 6.9 6.2 5.5
Revaluation Reserves 1.0 0.6 0.7 0.7 0.3 0.4 0.4 0.1 0.1 0.1
Common Shares - Issued - Total mn 499.3 499.3 499.3 424.8 424.8 424.8 424.8 424.8 424.8 424.8
Common Shares - Outstanding - Total mn 499.3 499.3 499.3 424.8 424.8 424.8 424.8 424.8 424.8 424.8
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 — 720.0 720.0 576.0 576.0 432.0 490.0 563.5 636.7 706.7
Common Shares - Issued - Issue Specific mn 499.3 499.3 499.3 424.8 424.8 424.8 424.8 424.8 424.8 424.8
Common Shares - Outstanding - Issue Specific mn 499.3 499.3 499.3 424.8 424.8 424.8 424.8 424.8 424.8 424.8
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×
Right of Use Tangible Assets - Total - Net - Supplemental — 0.2 0.1 0.2 0.1 0.1 0.1 — — —
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental — 0.2 0.1 0.2 0.1 0.1 0.1 — — —
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental — 1.9 1.7 1.3 1.1 1.1 1.1 — — —
Finance and Operating Lease Liabilities - Total - Supplemental 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Debt including Finance and Operating Lease Liabilities - Supplemental 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Net Debt (0.7) (0.6) (0.5) (0.8) (0.7) (0.4) (0.2) (0.5) (0.4) (0.3)
Asset Accruals (0.8) (0.8) (0.6) (0.9) (0.8) (0.5) (0.3) (0.5) (0.5) (0.4)
Cash & Cash Equivalents - Total 0.8 0.8 0.6 0.9 0.8 0.5 0.3 0.5 0.5 0.4
Cash & Securities 2.5 2.1 1.7 2.1 1.1 0.6 0.7 0.4 0.4 1.1
Cash & Short Term Investments - Total 0.8 0.8 0.6 0.9 0.8 0.5 0.3 0.5 0.5 0.4
Debt - including Preferred Equity & Minority Interest - Total 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Earning Assets 5.0 4.4 3.5 3.3 2.5 0.8 0.9 0.6 0.6 1.1
Equity Securities & Real Estate 0.5 0.5 0.4 0.3 0.1 0.1 0.1 0.0 0.1 0.0
Invested Assets - Total 5.0 4.4 3.5 3.3 2.5 0.8 0.9 0.6 0.6 1.1
Investment Securities 1.9 1.6 1.4 1.8 1.0 0.6 0.7 0.4 0.4 1.1
Investments - Permanent 0.5 0.5 0.3 0.3 0.4 2.0 1.6 1.3 0.9 0.0
Net Book Capital 9.5 5.4 4.5 3.9 3.7 3.8 3.7 2.6 2.3 2.4
Net Operating Assets 9.5 5.4 4.5 3.9 3.7 3.8 3.7 2.6 2.3 2.4
Non-Reserve Liabilities 4.6 3.7 2.6 2.1 1.4 1.4 0.6 0.4 0.4 0.5
Provisions - Total 0.4 0.2 0.2 0.2 0.1 0.2 0.2 0.0 0.0 0.1
Shareholders Equity - Common 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Tangible Total Equity 10.1 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Tangible Book Value 10.1 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Total Book Capital 10.4 6.2 5.1 4.8 4.5 4.2 3.9 3.2 2.8 2.7
Total Capital 10.4 6.2 5.1 4.8 4.5 4.2 3.9 3.2 2.8 2.7
Total Long Term Capital 10.2 6.0 5.0 4.7 4.4 4.1 3.9 3.1 2.7 2.6
Book Value excluding Other Equity 9.4 5.5 5.0 4.6 4.3 4.1 3.9 3.1 2.7 2.6
Cash & Short Term Investments - Net of Debt 0.7 0.6 0.5 0.8 0.7 0.4 0.2 0.5 0.4 0.3
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.1 0.1 — — — 0.0 0.0 — — —
Interest Bearing Liabilities - Total 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Net Debt Including Preferred Equity & Minority Interest (0.7) (0.6) (0.5) (0.8) (0.7) (0.4) (0.2) (0.5) (0.4) (0.3)
Other Short-Term & Long-Term Assets - Total 5.8 3.4 3.4 2.7 2.8 2.6 1.9 1.5 1.3 1.2
Other Short-Term & Long-Term Liabilities - Total 1.4 1.4 0.9 0.7 0.5 0.2 0.2 0.1 0.1 0.1
Tangible Book Value excluding Other Equity 9.3 5.5 4.9 4.6 4.3 4.1 3.9 3.1 2.7 2.6
Total Debt Excluding Islamic 0.2 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Investment in Equity, Real Estate & Mortgages 0.5 0.5 0.4 0.3 0.1 0.1 0.1 0.0 0.1 0.0
Book Value excluding Accumulated Comprehensive Income 9.2 5.4 4.4 4.0 4.0 3.8 3.4 3.0 2.6 2.6
Benefit & Claims Reserves - Gross 4.8 3.0 3.6 3.8 2.0 1.8 1.9 1.8 1.4 0.8
Reinsurance Liabilities 1.2 1.0 0.8 0.8 0.4 0.9 0.2 0.1 0.1 0.1
Cash in Hand & with Banks - Total 0.8 0.8 0.6 0.9 0.8 0.5 0.3 0.5 0.5 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.