EFU General Insurance Limited has reported a consolidated profit after tax of Rs3.26 billion for the six months ended June 30, 2026, compared with Rs3.03 billion in the same period last year, reflecting continued growth in its overall business performance.

The company’s latest financial results were approved by its Board of Directors at a meeting held on August 21, 2026, according to its filing with the Pakistan Stock Exchange. Alongside the results, the insurer announced a second interim cash dividend of Rs1.50 per share, equivalent to 15%, for the six-month period. This is in addition to the Rs1.50 per share interim dividend already paid for the first quarter of 2026.

Stronger Premium Growth

EFU General Insurance’s consolidated net insurance premium increased to approximately Rs37.20 billion during the first half of 2026, up from Rs31.22 billion in the corresponding period of 2025. The increase points to a broader premium base and stronger business volumes during the period.

At the same time, consolidated insurance claim expenses rose to about Rs25.86 billion from Rs25.16 billion, while net commission and other acquisition costs increased to Rs6.43 billion from Rs5.97 billion. Despite these higher costs, the company maintained a positive underwriting position.

Profitability Remains Positive

EFU General Insurance recorded consolidated profit after tax of Rs3.258 billion for the six months ended June 30, 2026, compared with Rs3.033 billion a year earlier. Profit attributable to equity holders of the parent stood at approximately Rs2.656 billion, while non-controlling interests accounted for about Rs602 million.

Earnings per share increased to Rs13.28, compared with Rs12.34 in the first half of 2025.

The second quarter also showed a notable improvement. Consolidated profit after tax for the three months ended June 30, 2026, reached approximately Rs2.00 billion, compared with Rs1.54 billion in the same quarter of 2025.

Investment Income Supports Results

Investment-related income remained an important contributor to the company’s earnings. The consolidated accounts include investment income, gains and losses on financial assets, rental income and other income alongside the insurer’s core underwriting operations.

The company also reported total comprehensive income of approximately Rs2.92 billion for the six-month period, compared with Rs2.99 billion in the same period last year. The movement reflected changes in the valuation of available-for-sale investments and other comprehensive income components.

Healthy Asset Base

EFU General Insurance’s consolidated total assets increased to approximately Rs386.35 billion as of June 30, 2026, compared with Rs380.08 billion at the end of December 2025.

The balance sheet includes significant holdings in equity and debt securities, term deposits, mutual funds and other investments. The company also reported consolidated equity attributable to shareholders of approximately Rs27.23 billion, while total equity including non-controlling interests stood at about Rs33.20 billion.

Dividend Reflects Shareholder Focus

The company’s decision to announce another Rs1.50 per share interim dividend highlights its continued focus on shareholder returns.

According to the filing, shareholders whose names appear on the register as of August 31, 2026, will be entitled to the dividend. The share transfer books will remain closed from September 1, 2026, with transfers received by the company’s share registrar by the close of business on August 31 considered in time for the entitlement.

Outlook

EFU General Insurance enters the second half of 2026 with a larger premium base, higher earnings per share and a solid asset position. While claims, acquisition costs and investment-market movements remain important factors for the insurance sector, the company’s first-half results indicate that it continues to generate positive earnings while maintaining shareholder distributions.

For investors tracking Pakistan’s insurance sector, the results provide a picture of a company combining premium growth with investment income and regular dividend payments. The second interim dividend also adds to the appeal of the company for income-focused shareholders.