East West Insurance Reports 24% Growth in Nine-Month Profit, EPS Rises to Rs. 4.34
East West Insurance Company Limited has reported a significant increase in profitability for the nine months ended September 30, 2026, with its after-tax profit rising to Rs. 1.34 billion compared with Rs. 1.08 billion in the corresponding period last year. The company also recorded higher insurance premiums and investment income, reflecting improved financial performance during the period.
East West Insurance Company Limited has announced its unaudited financial results for the nine months ended September 30, 2026, showing encouraging growth in overall profitability. According to the financial statements submitted to the Pakistan Stock Exchange (PSX), the company’s profit after taxation increased by approximately 24.4% year-on-year.
The company posted a profit of Rs. 1.343 billion during the nine-month period, compared with Rs. 1.079 billion recorded in the same period of 2025. This improvement reflects stronger insurance premium income and increased returns from investments.
Insurance Premium Income Records Strong Growth
One of the major highlights of the financial results was the increase in net insurance premium income. The company recorded net insurance premiums of Rs. 6.89 billion during the nine months ended September 30, 2026, compared with Rs. 4.94 billion in the corresponding period last year.
This represents an increase of approximately 39.5%, indicating improved premium generation during the reporting period.
Net insurance claims stood at Rs. 3.32 billion, compared with Rs. 2.62 billion in the same period last year. Meanwhile, insurance claims and acquisition expenses increased to Rs. 4.76 billion from Rs. 3.25 billion.
Management expenses also increased to Rs. 1.14 billion, compared with Rs. 911.63 million in the corresponding period of 2025.
Despite higher operating expenses, the company maintained positive underwriting results, which reached Rs. 985.22 million compared with Rs. 770.88 million last year.
Investment Income Supports Profitability
Investment income remained another important contributor to the company’s financial performance. East West Insurance generated investment income of Rs. 860.30 million during the nine-month period, compared with Rs. 659.08 million in the corresponding period of 2025.
The improvement in investment income provided additional support to overall earnings alongside the growth in insurance operations.
The company’s results from operating activities increased to Rs. 1.66 billion, compared with Rs. 1.28 billion in the same period last year.
Profit before taxation, including income from window takaful operations, reached Rs. 1.85 billion, compared with Rs. 1.36 billion previously.
Earnings Per Share Improves to Rs. 4.34
The increase in profitability was also reflected in the company’s earnings per share (EPS). Basic and diluted EPS for the nine months ended September 30, 2026, stood at Rs. 4.34, compared with Rs. 3.49 in the corresponding period last year.
This improvement represents stronger earnings generation for shareholders during the reporting period.
However, the company’s performance during the third quarter showed a different trend. Profit for the three months ended September 30, 2026, declined to Rs. 260.93 million from Rs. 531.71 million in the corresponding quarter of 2025. Quarterly EPS also decreased to Rs. 0.84 from Rs. 1.72.
This indicates that although the company’s cumulative nine-month profitability improved, earnings were comparatively lower during the latest quarter.
Company’s Financial Position Strengthens
East West Insurance also reported growth in its balance sheet. Total assets increased to Rs. 20.09 billion as of September 30, 2026, compared with Rs. 17.92 billion as of December 31, 2025.
Total equity increased to Rs. 7.50 billion from Rs. 6.16 billion, reflecting an improvement in the company’s overall equity position.
The company’s investment portfolio included equity securities, debt securities and term deposits, with total investments reaching approximately Rs. 12.01 billion.
Cash and bank balances stood at Rs. 1.24 billion at the end of September 2026.
No Dividend or Bonus Announced
In its notification to the Pakistan Stock Exchange dated October 30, 2026, East West Insurance informed investors that its Board of Directors had approved the financial results for the period.
The board did not announce any cash dividend, bonus shares or right shares. The notification also reported no other entitlement for shareholders.
Outlook
East West Insurance’s nine-month results reflect positive growth in insurance premium income, investment earnings and overall profitability. The increase in earnings per share and total assets also highlights the company’s improved financial position compared with the previous reporting period.
Nevertheless, the decline in third-quarter profit remains an important factor for investors to monitor. Future performance will depend on the company’s ability to sustain premium growth, manage insurance claims and operating expenses, and maintain returns from its investment portfolio.
Overall, the nine-month financial results demonstrate improved year-on-year profitability, although the latest quarterly performance suggests that investors should also pay attention to the company’s earnings trends in the coming periods.
