PAKRI

⚡ Flash Summary

PAKRI announced: Corporate Briefing Session of PRCL for the year ended December 31, 2024, and the third quarter of 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• PAKRI made announcement: Corporate Briefing Session of PRCL for the year ended December 31, 2024, and the third quarter of 2025
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for PAKRI. Manual verification required.

⚡ Flash Summary

Pakistan Reinsurance Company Limited (PakRe) held a corporate briefing session on November 14th, 2025. The company was established in 1952 and is the sole reinsurance organization in Pakistan. PakRe is a public sector listed company working under the administrative control of the Ministry of Commerce, Government of Pakistan. The financial highlights show an increase in net insurance premium and total assets, but a decrease in profits for the nine months ended September 30, 2025 compared to the same period in 2024.

📌 Key Takeaways

• 🏢 PakRe was formerly called Pakistan Insurance Corporation (PRCL), established in 1952.
• 🇵🇰 PakRe is the sole reinsurance organization operating in Pakistan.
• 🏛️ PakRe is a public sector listed company under the administrative control of the Ministry of Commerce, Government of Pakistan.
• ✈️ PakRe provides insurance solutions in Aviation, Marine, Engineering, Fire, and Accident sectors.
• 📍 PakRe is headquartered in Karachi, Pakistan.
• 📊 As of September 30th, 2025, Authorized Capital: PKR 25 Billion and Issued, subscribed, and paid-up capital: PKR 9 billion.
• 💰 Total Assets: PKR 81.72 B, Total Liabilities: PKR 56.57 B, Net Assets: PKR 25.15 B (as of Sept 30, 2025).
• 🤝 The Federal Government holds a 51% stake in PakRe.
• 🏢 State Life holds 24.41% of the company’s shares.
• 🧑‍🤝‍🧑 Individuals & Others hold 24.59% stake.
• 📚 Book Value Per Share (PKR): 27.94.
• Earnings Per Share (PKR) (9M 2025): 2.03.
• 📉 Net insurance premium decreased by PKR 1,061.49 million (-13%) for 9M 2025 compared to 9M 2024.
• 📈 Net Insurance claims increased by PKR 733.05 million (18%) for 9M 2025 compared to 9M 2024.
• 📉 Total profit from operations decreased by PKR 1,853.41 million (-40%) for 9M 2025 compared to 9M 2024.

🎯 Investment Thesis

HOLD. While PakRe has a strong position as the sole reinsurer in Pakistan, its recent financial performance raises concerns. The decrease in premium income and profitability could negatively impact shareholder value. Based on the current financial trend, HOLD is appropriate with a price target range of PKR 25-30 based on book value per share, considering the negative earnings growth. Time horizon: 12-18 months.

⚡ Flash Summary

Pakistan Reinsurance Company Limited (PRCL) will hold a corporate briefing session on November 14, 2025, at 11:00 am via video conference (Zoom). The session aims to brief investors and analysts on the company’s financial performance and outlook for the year ended December 31, 2024, and the third quarter of 2025. Interested participants must register by November 13, 2025, by sending their particulars to Mr. Ali Hyder at alihyder@pakre.org.pk. The video link will be shared with registered attendees by November 13, 2025.

📌 Key Takeaways

• 🗓️ Corporate briefing session scheduled for November 14, 2025.
• ⏰ Session will commence at 11:00 am.
• 💻 Briefing will be conducted via Zoom video conference.
• 📢 The session will cover the financial performance and outlook.
• 🎯 Focus on the year ended December 31, 2024, and Q3 2025.
• ✉️ Registration required for participation.
• 📧 Interested parties should email their particulars to alihyder@pakre.org.pk.
• ⏳ Registration deadline: November 13, 2025, by 5:00 pm.
• 🔗 Video link will be sent to registered participants by November 13, 2025.
• 👤 Participants should provide their Full Name, Organization Name/Folio Number when joining.
• 🔇 Participants will be muted during the presentation.
• 🙋 A Q&A session will follow the presentation; participants can ‘raise hand’ or send questions via chat.
• 📞 For any issues, contact alihyder@pakre.org.pk.

🎯 Investment Thesis

HOLD. This is merely a notice of a briefing. There is not enough information to make an investment decision. It is recommended to review the results of the corporate briefing and then reassess.

⚡ Flash Summary

PAKRI announced: Board Meeting. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• PAKRI made announcement: Board Meeting
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for PAKRI. Manual verification required.

⚡ Flash Summary

PAKRI announced: Board Meeting Rescheduled. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• PAKRI made announcement: Board Meeting Rescheduled
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for PAKRI. Manual verification required.

⚡ Flash Summary

Pakistan Reinsurance Company Limited (PRCL) announced the cessation of Mr. Shoaib Mir’s tenure as Interim Chairman, effective October 30, 2025. Mr. Mir’s term concluded upon the completion of his three-year tenure as an Independent Director. In accordance with state enterprise governance regulations, the Federal Government will appoint a new Chairman from amongst the Independent Directors. In the interim, Ms. Maleeha Bangash, an Independent Director, has been entrusted with the responsibility of presiding over board meetings as Chairperson.

📌 Key Takeaways

• 🛑 Mr. Shoaib Mir’s tenure as Interim Chairman has ended.
• 🗓️ Effective date: October 30, 2025.
• 💼 Mr. Mir served as Interim Chairman pending the appointment of a regular Chairman.
• ⏳ Tenure ended after three years as an Independent Director.
• 🏛️ The Federal Government will appoint the new Chairman.
• 📜 Appointment based on State-Owned Enterprises regulations.
• 👩‍💼 Ms. Maleeha Bangash is the interim Chairperson presiding over meetings.
• 🤝 Ms. Bangash is an Independent Director.
• Optimism remains for a formal appointment by the Federal Government.
• 📢 TRE Certificate Holders will be informed of the changes.

🎯 Investment Thesis

HOLD. The announcement is a neutral event with no immediate impact on the company’s financial performance or strategic direction. A change in leadership does not necessarily warrant a change in investment strategy. The company’s future performance and valuation will depend on its financial results, market conditions, and strategic initiatives under the new Chairperson. Price target: PKR 25.00. Time horizon: Medium Term.