⚡ Flash Summary

Askari Life Assurance Co. Ltd. presented its Corporate Briefing Session 2025. The company, part of Army Welfare Trust (AWT), is a public limited company listed on the Pakistan Stock Exchange (PSX) since 1992, with AWT acquiring majority shareholding in 2017. Askari Life has a fund size of approximately Rs. 3 billion and is backed by reinsurers like Munich Re and Hannover Re. The company reported a gross premium of Rs. 2,196.376 million for Sep 2025 compared to Rs. 2,017.612 million in 2024.

📌 Key Takeaways

• ✅ Askari Life is part of the Army Welfare Trust (AWT).
• 🏢 Licensed as a public limited company in 1992 and listed on PSX.
• 🤝 AWT acquired majority shareholding in 2017.
• 💰 Company has a fund size of approx. Rs. 3 Billion.
• 🛡️ Backed by reinsurers like Munich Re and Hannover Re.
• 📈 Gross premium of Rs. 2,196.376 million (Sep 2025) vs. Rs. 2,017.612 million (2024).
• 🏢 290K+ covered persons.
• 💸 Claims paid amounted to Rs 627.69 million in 2024.
• ✨ Strategic roadmap focuses on market-leading products, expansive distribution, corporate partnerships, and digital transformation.
• 💼 Offers a range of regular premium and takaful products.
• 🤝 Bancassurance distribution through Askari Bank, Al Baraka Bank, and U Bank.
• 💻 Focus on product innovation and digitalization.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. The company shows growth in premiums and profitability. However, a more thorough financial analysis is necessary to determine a price target.