Adamjee Insurance Co. Limited · PSX:AICL
Adamjee Insurance — Investor Presentation (May 2026)
17 slides from Adamjee Insurance's investor presentation, May 25, 2026
Slide 1: Corporate Briefing Session
Corporate Briefing Session May 25, 2026
Slide 2: Contents
Contents Company Profile Geographical Presence Products Achievements Key Revenue Drivers Key Business Risks Financial Performance Outlook
Slide 3: Company Profile
Company Profile KEY ATTRIBUTES DETAILS Founded In 1960 and listed on Stock Exchange Group Structure Holds 83.5% in Adamjee Life Assurance Co Limited Group Affiliation Nishat Group Position Largest general insurance company of Pakistan Capital Growth Rs. 2.5 million → Rs. 3.5 billion Market Share (Pa
Slide 4: Our Geographical Presence
Our Geographical Presence apiece {a Fence | UNITED ARAB D — __ | EMIRATES ro Ladies PAKISTAN TOTAL NO. OF EMPLOYEES i (31 DECEMBER 2025) { = TOTAL NO. OF EMPLOYEES i " (31 DECEMBER 2025) @ Head Office and @ Divisional Office, @ Conventional Business @ Main Office Branch @ Branch Offices © Claim cent
Slide 5: Governance Structure
Governance Structure Board of Directors • Two Independent Directors • One Executive Director • Five Non-executive Directors (including two female directors) Board Committees • Audit Committee • Ethics, Human Resource & Remuneration Committee • Investment Committee Management Committees • Underwritin
Slide 6: Products and Services
FIRE & PROPERTY Property All Risk Comprehensive Machinery Consequential Loss Of Profit Energy Ginning Stock Policy Home Fire Policy Shopowner’s Comprehensive Policy i Comprehensive Car © Commercial Vehicle © Motorcycle Comprehensive @ Motor Third Party Liability PRODUCTS AND SERVICES CONVENTIONAL/TA
Slide 7: Accomplishments
Accomplishments ICAP & ICMAP 2020 - 2024 • Best Corporate Report Award South Asian Federation of Accountants (SAFA) 2020 - 2024 • Best Presented Annual Report in Insurance Category - Silver Award for Year 2024, Bronze Awards 2021 & 2023 • Certificate of Merit in 2020 & 2022 Pakistan Stock Exchange (
Slide 8: Key Revenue Drivers
Key Revenue Drivers • Growth in sale volume Premium Growth • Periodic pricing review • Business retention and development • Appropriate Reinsurance coverage Underwriting Profitability • Risk profiling at client and portfolio level • Robust claim verification and settlement mechanism • Efficient util
Slide 9: Key Business Risks
Key Business Risks Risk Description Rising climate risks (e.g., floods, heavy rains, heatwaves) Climate Change Risk may drive higher and frequent claims and put pressure underwriting performance. Regional geopolitical landscape, particularly conflicts that Geopolitical Conflict have emerged in the M
Slide 10: Financial Performance - Highlights
Financial Performance - Highlights 31-Dec 30-Mar Particulars CY22 CY23 CY24 CY25 3MCY26 (PKR in Mn's) Balance Sheet Total Assets 76,181 92,647 112,496 134,307 136,348 Liquid Assets 11,870 12,305 19,114 30,220 32,227 Investments - Carrying Value 26,991 36,039 55,082 73,933 74,571 Total Equity & Surpl
Slide 11: Business Mix – 2021 to 2025
Business Mix – 2021 to 2025 Historical Business Mix - GPW (%) CY21 CY22 CY23 CY24 CY25 CAGR (CY21 to CY25) 100 13 12 10 10 90 16 21%, HEALTH 80 70 37 35 45 35 60 60 45%, MOTOR 50 3 5 4 6 15%, MISCELLANEOUS 6 6 3 40 5 30 3 18%, MARINE 44 4 20 40 38 37 22 11%, FIRE 10 0 23,320 32,677 41,463 54,266 63,
Slide 12: Business Mix – 2025
Business Mix – 2025 PAKISTAN BUSINESS MIX 2025 - PKR IN MN'S UAE BUSINESS MIX 2025 - PKR IN MN'S MOTOR MARINE 34,140 2,329 91% 9% MOTOR 4,003 16% HEALTH HEALTH 2,638 FIRE 7% 3,811 13,748 15% 53% MISCELLANEOUS MISCELLANEOUS MARINE FIRE 38 1,895 175 367 0.10% 7% 1% 1%
Slide 13: Financial Strength
Financial Strength Assets Break Up (PKR in Mn's) • Asset base of the Company has 24% 20% 22% 21% 19% CAGR (CY21 to CY25) increased over the last five years, Change 2% registering a CAGR of 21%. 21%, Total Assets 134,307 136,348 18,509 19,542 18%, Other Assets 112,496 • Investments grew at the CAGR o
Slide 14: Dividend History
Dividend History Paid Basis Dividend Paid Basis 4.00 Cash Dividend Yield Year Total 3.50 % age Rs. Per share % age (PKR in Mn's) 3.00 3.00 3.00 3.00 CY25 35.0% 3.50 1,225.0 4.3% CY24 30.0% 3.00 1,050.0 6.0% 2.00 CY23 30.0% 3.00 1,050.0 8.8% CY22 30.0% 3.00 1,050.0 10.6% Total 4,375 1.00 Average divi
Slide 15: Consolidated Financial Highlights
Consolidated Financial Highlights Gross Premium Written (PKR in mn's) Profit and Loss Analysis (PKR in mn's) 32% 24% 22% 21% 17% YoY Change 9,830 120,000 25% 8,602 OPERATING PROFIT CAGR (CY21 to CY25), (INCL. WTO) 100,000 23% 20% 80,000 15% 5,005 60,000 4,324 10% 3,299 40,000 2,042 20,000 5% 43,949
Slide 16: Outlook
Outlook • Strong policy implementation has supported Pakistan’s economic recovery, with improved growth, controlled inflation, and a stable external position. However, the Middle East conflict creates uncertainty and may exert pressure on inflation, growth, and the external balance, although the ove
Slide 17: Thank You!
Thank You!