Reliance Insurance Company Limited reported a notable improvement in its financial performance for the six months ended June 30, 2026, supported by higher insurance premiums and stronger overall profitability.

According to the company’s unaudited half-year financial results approved by its Board of Directors on August 27, 2026, Reliance Insurance did not declare an interim cash dividend or bonus shares for the period.

Half-Year Profit Rises to Rs195.6 Million

The company recorded profit after tax of approximately Rs195.59 million for the six-month period ended June 30, 2026, compared with Rs148.69 million in the corresponding period of 2025. This represents year-on-year growth of around 31.5%.

Net insurance premium increased to approximately Rs355.60 million, up from Rs289.77 million in the same period last year. Underwriting results also improved, reaching approximately Rs79.09 million, compared with Rs63.21 million a year earlier.

Earnings per share (EPS) for the six-month period stood at Rs1.50, compared with a restated Rs1.14 for the corresponding period of 2025.

Strong Second-Quarter Performance

Reliance Insurance also delivered a significant improvement during the three months ended June 30, 2026. Profit after tax reached approximately Rs136.68 million, compared with Rs55.70 million during the same quarter of 2025.

Quarterly net insurance premium increased to Rs179.29 million from Rs153.63 million, while underwriting results rose to Rs33.58 million from Rs26.37 million.

The quarterly performance was also supported by higher net investment income, which stood at approximately Rs188.72 million, compared with Rs115.12 million in the corresponding quarter last year.

Total Assets Cross Rs4 Billion

The company’s financial position strengthened during the first half of 2026. As shown in the statement of financial position on page 2, total assets increased to approximately Rs4.05 billion as of June 30, 2026, from Rs3.81 billion at the end of December 2025.

Total equity increased to approximately Rs2.27 billion, compared with Rs2.08 billion at the end of 2025. The company reported ordinary share capital of about Rs1.31 billion, general reserves of Rs400 million and unappropriated profit of approximately Rs390.12 million.

Cash Position Improves

The cash flow statement on page 5 shows that Reliance Insurance ended the period with cash and cash equivalents of approximately Rs192.83 million, compared with Rs109.49 million at June 30, 2025.

Profit after taxation, before the cash-flow reconciliation adjustments presented in the statement, was Rs195.59 million for the latest six-month period versus Rs148.69 million in the comparable period.

Outlook

Reliance Insurance’s half-year results point to improved profitability, premium growth and a stronger equity position during the first six months of 2026. The rise in underwriting results alongside higher premiums indicates positive momentum in the company’s core insurance operations.

With profit after tax increasing by more than 30% year on year and total assets moving above Rs4 billion, the company enters the second half of 2026 from a strengthened financial position.