KARACHI: East West Insurance Company Limited has announced its financial results for the quarter ended March 31, 2026, reporting an improvement in profitability despite facing pressure on its underwriting operations. The company’s Board of Directors approved the financial results in its meeting held on April 29, 2026. The board did not recommend any cash dividend, bonus shares, right shares, or any other corporate action.
According to the company’s condensed interim financial statements, profit after tax increased to Rs. 483.55 million, compared with Rs. 457.12 million recorded in the corresponding period last year. As a result, earnings per share (EPS) rose to Rs. 1.72, up from Rs. 1.62 in the same quarter of the previous year.
During the quarter, the insurer generated net insurance premium of approximately Rs. 1.94 billion. However, underwriting performance remained under pressure as higher net insurance claims, acquisition costs, and management expenses resulted in an underwriting loss of Rs. 517.23 million, compared with an underwriting profit in the corresponding period last year.
The company also reported investment income of Rs. 10.29 million, while other income contributed Rs. 7.72 million. After accounting for finance costs and taxation, East West Insurance successfully delivered higher bottom-line earnings for the quarter.
On the balance sheet, total assets stood at Rs. 18.59 billion as of March 31, 2026, compared with Rs. 17.92 billion at the end of December 2025, reflecting a strengthening financial position. Meanwhile, shareholders’ equity increased to Rs. 6.64 billion, supported by growth in unappropriated profits.
The latest results highlight East West Insurance’s ability to improve net profitability despite a challenging underwriting environment. Investors will continue to monitor the company’s efforts to enhance underwriting performance while maintaining its strong financial position in the coming quarters.
