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Sector

Insurance sector

29 companies in the Insurance sector have financials on Smart Money, worth Rs 236.1 bn together at the latest close. Their latest annual reports add up to revenue of Rs 518.8 bn and profit of Rs 37.7 bn; 25 of the 29 were profitable. The median company trades at 6.2× earnings and 0.83× book value; the median dividend payer yields 8.3%. The largest is IGI Holdings Limited (IGIHL) at Rs 35.9 bn.

Companies
29
25 profitable
Market value
Rs 236.1 bn
at the close on 16 Oct 2026
Median P/E
6.2×
Median P/B 0.83×
Median dividend yield
8.3%
12 dividend payers
Median ROE
14.1%
Median net margin 11.2%

Sector leaders

Sector revenue and profit

Insurance: combined revenue and profit by fiscal year Revenue Profit
Insurance: combined revenue and profit by fiscal year Rs 519 bn Revenue FY2016: Rs 112.5 bn Profit FY2016: Rs 16.3 bn FY2016 Revenue FY2017: Rs 170.0 bn Profit FY2017: Rs 18.2 bn FY2017 Revenue FY2018: Rs 204.3 bn Profit FY2018: Rs 12.8 bn FY2018 Revenue FY2019: Rs 232.7 bn Profit FY2019: Rs 13.0 bn FY2019 Revenue FY2020: Rs 275.5 bn Profit FY2020: Rs 15.5 bn FY2020 Revenue FY2021: Rs 282.1 bn Profit FY2021: Rs 18.5 bn FY2021 Revenue FY2022: Rs 307.6 bn Profit FY2022: Rs 16.5 bn FY2022 Revenue FY2023: Rs 371.2 bn Profit FY2023: Rs 26.1 bn FY2023 Revenue FY2024: Rs 487.6 bn Profit FY2024: Rs 30.8 bn FY2024 Revenue FY2025: Rs 518.5 bn Profit FY2025: Rs 37.7 bn FY2025

Sum of the companies reporting each fiscal year (fiscal years end in different months for different companies); years with fewer than half the sector reporting are left out.

Insurance companies

Sorted by market value; select a column heading to sort.

Insurance companies on PSX
IGIHL Rs 251.50 Rs 35.9 bn 4.7× 0.49× 3.2% 7.8% 5.4% Rs 5.2 bn
AICL Rs 94.32 Rs 33.0 bn 5.7× 0.61× 4.2% 12.0% 20.3% Rs 5.6 bn
EFUG Rs 120.72 Rs 24.1 bn 4.1× 0.81× 8.3% 20.9% 5.8% Rs 5.6 bn
EWIC Rs 58.14 Rs 18.0 bn 9.2× 2.49× 0.0% 26.8% 65.4% Rs 1.4 bn
EFUL Rs 112.00 Rs 16.4 bn 6.5× 1.61× 9.6% 25.3% 3.7% Rs 2.4 bn
JLICL Rs 101.85 Rs 15.3 bn 7.0× 0.83× 8.5% 13.8% -4.1% Rs 2.5 bn
JGICL Rs 77.00 Rs 15.3 bn 3.6× 0.71× 7.8% 19.6% 22.0% Rs 4.0 bn
PAKRI Rs 16.83 Rs 15.1 bn 4.5× 0.58× 5.9% 12.8% -12.1% Rs 3.1 bn
ATIL Rs 74.01 Rs 11.1 bn 4.5× 0.95× 11.5% 21.7% 10.4% Rs 2.1 bn
TPLI Rs 51.04 Rs 10.1 bn 212.5× 3.66× 0.0% 1.7% 20.1% Rs 47.7 mn
ALIFE Rs 29.81 Rs 7.8 bn 6.7× 1.22× 8.4% 22.3% 4.1% Rs 1.3 bn
UNIC Rs 10.78 Rs 5.4 bn 3.6× 0.53× 0.0% 18.6% -7.9% Rs 1.5 bn
TPLL Rs 18.85 Rs 4.2 bn — 16.12× 0.0% -75.1% 33.7% -Rs 208.2 mn
AGIC Rs 39.80 Rs 4.0 bn 4.7× 0.91× 12.0% 19.6% 12.7% Rs 738.3 mn
ALAC Rs 22.99 Rs 3.5 bn 26.1× 5.32× 0.0% 22.2% 54.9% Rs 126.0 mn
IGIL Rs 19.00 Rs 3.2 bn 7.9× 1.14× 0.0% 17.0% -2.1% Rs 423.4 mn
CENI Rs 32.57 Rs 2.9 bn 5.7× 0.88× 11.5% 16.4% 7.8% Rs 549.6 mn
ASIC Rs 36.21 Rs 2.6 bn 13.8× 2.04× 0.0% 15.8% 19.3% Rs 178.3 mn
HICL Rs 7.91 Rs 1.6 bn 6.8× 0.66× 4.9% 5.3% 7.5% Rs 118.0 mn
RICL Rs 11.51 Rs 1.5 bn 3.2× 0.72× 0.0% 25.4% 13.6% Rs 464.9 mn
PKGI Rs 24.75 Rs 1.2 bn 43.6× 1.72× 0.0% 4.4% 648.0% Rs 28.4 mn
UVIC Rs 18.50 Rs 925.0 mn 23.0× 1.27× 0.0% 5.8% — Rs 40.2 mn
SHNI Rs 8.55 Rs 896.1 mn 5.9× 0.78× 0.0% 14.1% 19.8% Rs 152.3 mn
CSIL Rs 5.46 Rs 811.5 mn — 0.83× 0.0% 1.8% -34.7% Rs 17.3 mn
PINL Rs 9.03 Rs 456.6 mn 3.7× 0.35× 0.0% 9.8% 6.7% Rs 122.7 mn
SWL Rs 316.53 Rs 316.5 mn — — 0.0% — — -Rs 2.4 mn
SSIC Rs 6.34 Rs 193.8 mn 134.2× 0.35× 0.0% 0.3% 14.2% Rs 1.4 mn
PIL Rs 5.06 Rs 177.1 mn — — 0.0% — -3.4% -Rs 14.9 mn
PRIC Rs 1.13 Rs 18.2 mn — 0.13× 0.0% -9.0% 75.5% -Rs 12.3 mn

Compare Insurance companies

Insurance sector: frequently asked questions

What is the P/E ratio of the Insurance sector?

The median P/E of Insurance companies on the Pakistan Stock Exchange is 6.2× at the latest close, counting only companies with positive earnings.

Which is the largest Insurance company on PSX?

IGI Holdings Limited (IGIHL) is the largest by market value, at Rs 35.9 bn.

Which Insurance stock has the highest dividend yield?

Askari General Insurance Company Limited (AGIC) has the highest yield in the sector, 12.0%, based on its last annual dividend of Rs 4.77 per share and the latest close.

Which Insurance company is the most profitable?

EFU General Insurance Limited (EFUG) reported the largest profit in its latest annual results, Rs 5.6 bn for FY2025.

How many Insurance companies are listed on PSX?

Smart Money has financial statements for 29 Insurance companies listed on the Pakistan Stock Exchange.

Information only, not investment advice.