Reliance Insurance Co Ltd · PSX:RICL
Reliance Insurance — Corporate Update (2026)
18 slides from Reliance Insurance's corporate update, May 22, 2026
Slide 1: Corporate Briefing Session 2026
RELIANCE INSURANCE COMPANY LIMITED Corporate briefing session 2026
Slide 2: Company Profile
Company Profile ➢ Reliance Insurance Company Limited (RICL) was incorporated in 1981 with a Share Capital of Rs.2.5 Million by two prominent industrialist groups in Pakistan, Al-Noor Group and Amin Bawany Group. Al-Noor Group, was led by (Late) Mr. Ismail H. Zakaria, and Amin Bawany Group, founded b
Slide 3: Our Board of Directors
Our Board of Directors Irfan Zakaria Bawany Muhammad Omar Bawany Ahmed Ali Bawany Chairman Director Director Noor M. Zakaria Zia Zakaria Muhammad Patel Director Director Director Naeem Ahmed Shafi Tasneem Yusuf Director Director Jahangir Adam 3 Director
Slide 4: Management (Team RICL)
Management (Team RICL) The management of Reliance Insurance Company Limited is fully cognizant of the evolving challenges within the industry and has formulated a comprehensive, forward-looking strategy focused on sustainable operational growth. This strategy places strong emphasis on profitability,
Slide 5: Our Products
Our Products Fire Engineering Bond /Guarantee le er < F oo, are you covered? Aviation Liability Burglary cIT/CcIS 5
Slide 6: Pakistan's Economic Outlook
Pakistan’s Economic Outlook Pakistan’s economic outlook for 2026 reflects gradual stabilization under IMF-supported reforms and fiscal consolidation, with GDP growth projected at a modest 2.0% to 3.5%. Recovery is supported by improved fiscal discipline, exchange rate stability, and slowly rebuildin
Slide 7: Company Performance
Company Performance Rupees in million Increase/(Decrease) over Particulars 31-12-2025 31-12-2024 % 2024 Gross Premium 1,482.761 1,217.147 265.614 21.82 (Inclusive of Takaful Contribution of Rs.258.821 million and Rs.157.074 million for up to 31st Dec. 2025 and 31st Dec. 2024 respectively) Net Premiu
Slide 8: Comparative Analysis
Comparative Analysis 1600 Gross Premium 1400 ➢Gross premium growth Rs.1,482.761 million 1200 in Dec. 2025, compared to Dec. 2024 of 1000 Rs.1,217.147 million i.e. 22% was mainly 800 driven by a 65% surge in Takaful 600 contributions, reflecting strong segment 400 expansion. Conventional premiums gre
Slide 9: Comparative Analysis
Comparative Analysis ➢ Net claims declined by 9%, decreasing from Net Claims 180 Rs. 152.815 million to Rs. 139.524 million 160 during the year under review. The reduction 140 in claims indicates an improvement in the 120 overall claims experience and risk 100 management measures of the Company. It
Slide 10: Comparative Analysis
Comparative Analysis Investment Income ➢ Investment income delivered a substantial 350 uplift to overall profitability, increasing from Rs. 408.883 million in 2024 to Rs. 554.993 300 million in 2025, representing a strong year-on- year growth of 36%. This performance was 250 primarily underpinned by
Slide 11: Segment Wise Underwriting Results
SEGMENT WISE UNDERWRITING RESULTS RUPEES IN MILLION Particular Fire & Marine Motor Misc. 2025 2024 Property Aviation & Aggregate Aggregate Transport Gross Premium 643.883 244.467 202.194 133.395 1223.940 1060.074 Net Premium 316.598 87.014 181.341 11.641 596.595 546.496 Revenue Net Claims (38.543) (
Slide 12: Comparative Analysis
Comparative Analysis ➢ The company’s provision for taxation stands at Rs.93 Net Profit 53.01 44.109 million, reflecting an effective tax rate of 31.5% on pre- tax profit, compared to the standard corporate rate of 29%. The elevated effective rate is primarily attributable to a 2.5% super tax. Dec. 2
Slide 13: Balance Sheet
Balance Sheet Rupees in million Assets 31-12-2025 31-12-2024 Property and equipment 145.205 104.760 Investments Equity securities 1,551.173 1,200.098 Debt securities 103.746 70.081 Term Deposits 44.688 43.509 Total Investments 1,699.608 1,313.688 Loan and other receivables 3.533 4.576 Insurance / re
Slide 14: Balance Sheet
Balance Sheet Rupees in million Equity and Liabilities 31-12-2025 31-12-2024 Capital and reserves attributable to Company’s equity holder Ordinary share capital 1,004.723 665.379 General reserves 400.000 400.000 Unappropriated profit 495.942 370.364 Unrealized gain on revaluation of available for sa
Slide 15: Comparative Analysis: Assets increased / decreased
Comparative Analysis Assets increased / decreased Property & Equipment 160 ➢ The value of property and equipment increased 140 from Rs.104.760 million to Rs.145.206 million, 120 100 primarily driven by asset additions of Rs.62.968 80 million, offset by asset disposals amounting to 60 145.206 104.76
Slide 16: Comparative Analysis: Liabilities increased / decreased
Comparative Analysis 700 Underwriting Provisions Liabilities increased / decreased 600 500 ➢ Underwriting provisions increased by 3%, from 400 Rs.866.699 million to Rs.895.694 million. 300 ➢ Insurance and reinsurance payables decreased 200 significantly by 58%, falling from Rs.192.164 100 million to
Slide 17: Liquidity Management and IFS Rating
Liquidity Management The company maintains a prudent and strategic approach to liquidity management ensuring seamless fulfillment of financial obligations through strong cash flows from core operations, strategic investments and other income sources. This disciplined approach enhances financial stab
Slide 18: Thank You
THANK YOU