JGICL

⚡ Flash Summary

Jubilee General Insurance Company Limited held a corporate briefing session on Friday, November 28, 2025, accessible via Zoom. The company informed stakeholders of the briefing through a notice to the Pakistan Stock Exchange Limited. A video recording of the session is available online for those who couldn’t attend. This briefing serves to update shareholders and analysts on the company’s performance and strategic direction.

📌 Key Takeaways

• 🗓️ Corporate Briefing Session held on Friday, November 28, 2025.
• 💻 Briefing conducted via Zoom.
• 🌐 Video recording available at: https://www.jubileegeneral.com.pk/corporate-briefing/
• 📢 Notice to Pakistan Stock Exchange Limited.
• 🤝 Aims to inform TRE Certificate Holders.

🎯 Investment Thesis

Without specific financial data and insights from the corporate briefing, a definitive investment recommendation is difficult. Currently, a HOLD recommendation is appropriate until more information from the briefing is analyzed. A thorough review of the company’s financial performance, strategic initiatives, and risk factors is necessary before making a BUY or SELL decision.

⚡ Flash Summary

Jubilee General Insurance announced its 9M 2025 performance, showcasing a mixed bag of results. Gross written premium increased by 6% year-over-year (YoY) to PKR 21,704 million, while net premium rose 9% to PKR 7,447 million. However, underwriting results experienced a significant decline of 74%, falling to PKR 200 million. Despite this, investment income surged by 51% to PKR 5,135 million, contributing to a profit before tax of PKR 5,220 million, a 28% increase YoY. Earnings per share (EPS) also saw a substantial rise of 36% to PKR 16.43.

📌 Key Takeaways

• ⬆️ Combined Gross Written Premium (GWP) increased by 6% YoY to PKR 21,704 million.
• ⬆️ Combined Net Premium grew by 9% YoY to PKR 7,447 million.
• 📉 Combined Net Claims increased significantly by 35% YoY to PKR 5,120 million.
• 📉 Underwriting Results (Technical Profit) declined sharply by 74% YoY to PKR 200 million.
• ⬆️ Investment Income surged by 51% YoY to PKR 5,135 million.
• ⬆️ Profit Before Tax increased by 28% YoY to PKR 5,220 million.
• ⬆️ Profit After Tax rose by 35% YoY to PKR 3,242 million.
• ⬆️ Earnings Per Share (EPS) increased by 36% YoY to PKR 16.43.
• 🔥 Fire segment contributed 39% to the portfolio mix in 9M 2025, down from 43% in 9M 2024.
• 🏥 Accident & Health segment increased its share to 20% of the portfolio mix.
• 📉 Underwriting results are significantly impacted by claims.

🎯 Investment Thesis

I recommend a HOLD rating on Jubilee General Insurance. While the company demonstrates growth in premiums and investment income, the significant decline in underwriting results warrants caution. The company needs to address the issues impacting underwriting profitability and demonstrate sustainable earnings growth. The current price target is PKR 20, with a medium-term horizon. This is based on the EPS and a conservative PE ratio.

⚡ Flash Summary

JGICL announced: Corporate Briefing Session of Jubilee General Insurance Company Limited. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• JGICL made announcement: Corporate Briefing Session of Jubilee General Insurance Company Limited
• 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 JGICL. Manual verification required.

⚡ Flash Summary

Jubilee General Insurance Company Limited will hold a board meeting on November 24, 2025, at Jubilee Insurance House, Karachi, and via Zoom to consider certain corporate matters. This announcement explicitly states that the meeting will address topics other than financial results. The announcement confirms that there is no material information required to be announced at this time. TRE Certificate Holders of the Exchange are requested to be informed accordingly.

📌 Key Takeaways

• 🗓️ Board meeting scheduled for November 24, 2025.
• 🏢 Meeting will be held at Jubilee Insurance House, Karachi.
• 💻 Meeting will also be accessible via Zoom audio/video conferencing.
• 💼 The board will consider corporate matters.
• 🚫 The meeting will not discuss financial results.
• 📢 No material information requiring announcement is expected.
• ✉️ TRE Certificate Holders will be informed.
• 👤 Imran Chagani, Company Secretary, issued the announcement.
• 🏢 Jubilee General Insurance Company Limited is the entity holding the meeting.
• 📍 The company is located at I.I. Chundrigar Road, Karachi.
• 🌐 Company website: www.jubileegeneral.com.pk
• 📧 Company email: info@jubileegeneral.com.pk
• 📞 UAN: (021) 111-654-111

🎯 Investment Thesis

Given that this announcement is related to a board meeting addressing non-financial matters and no material information is expected, a HOLD recommendation is appropriate. There is no immediate trigger to change the investment stance based on this information. A further detailed assessment can be made once the outcome of this meeting is released to the public.

⚡ Flash Summary

JGICL announced: Board Meeting Other Than Financial Results. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• JGICL made announcement: Board Meeting Other Than Financial Results
• 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 JGICL. Manual verification required.

⚡ Flash Summary

Jubilee General Insurance Company Limited’s Board of Directors convened a meeting on November 10 and 11, 2025, in Colombo, Sri Lanka. The purpose of the meeting was to consider corporate matters other than financial results. According to the announcement, there is no material information that needs to be announced to the TRE Certificate Holders of the Exchange. This implies the meeting did not result in any significant changes or decisions impacting the company’s financial performance or requiring immediate disclosure.

📌 Key Takeaways

• 🗓️ Board meeting held on November 10-11, 2025.
• 🏢 Meeting location: Colombo, Sri Lanka.
• 💼 Agenda: Consideration of corporate matters.
• ❌ Meeting did NOT discuss financial results.
• ℹ️ No material information to announce.
• 📜 Announcement directed to TRE Certificate Holders.
• 🛡️ Jubilee General Insurance Company Limited is the subject.
• 📍 Company is based in Karachi, Pakistan (from letterhead).
• ✉️ Notification issued by Company Secretary, Imran Chagani.
• 🌐 Further information at www.jubileegeneral.com.pk.

🎯 Investment Thesis

HOLD. This announcement is neutral, providing no specific reason to alter our investment stance. A comprehensive investment thesis should incorporate a detailed financial analysis, valuation, and risk assessment derived from the company’s financial reports and broader market conditions. This announcement on its own does not trigger a BUY or SELL recommendation, warranting a HOLD position until further financial information becomes available.

⚡ Flash Summary

Jubilee General Insurance Company Limited’s Board of Directors convened a meeting on November 10 and 11, 2025, in Colombo, Sri Lanka. The purpose of the meeting was to consider corporate matters other than financial results. According to the announcement, there is no material information that needs to be announced to the TRE Certificate Holders of the Exchange. This implies the meeting did not result in any significant changes or decisions impacting the company’s financial performance or requiring immediate disclosure.

📌 Key Takeaways

• 🗓️ Board meeting held on November 10-11, 2025.
• 🏢 Meeting location: Colombo, Sri Lanka.
• 💼 Agenda: Consideration of corporate matters.
• ❌ Meeting did NOT discuss financial results.
• ℹ️ No material information to announce.
• 📜 Announcement directed to TRE Certificate Holders.
• 🛡️ Jubilee General Insurance Company Limited is the subject.
• 📍 Company is based in Karachi, Pakistan (from letterhead).
• ✉️ Notification issued by Company Secretary, Imran Chagani.
• 🌐 Further information at www.jubileegeneral.com.pk.

🎯 Investment Thesis

HOLD. This announcement is neutral, providing no specific reason to alter our investment stance. A comprehensive investment thesis should incorporate a detailed financial analysis, valuation, and risk assessment derived from the company’s financial reports and broader market conditions. This announcement on its own does not trigger a BUY or SELL recommendation, warranting a HOLD position until further financial information becomes available.

⚡ Flash Summary

JGICL announced: Financial Results for the Quarter Ended September 30, 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• JGICL made announcement: Financial Results for the Quarter Ended September 30, 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 JGICL. Manual verification required.

⚡ Flash Summary

JGICL announced: Transmission of Quarterly Financial Statements for the Period Ended September 30, 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• JGICL made announcement: Transmission of Quarterly Financial Statements for the Period Ended September 30, 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 JGICL. Manual verification required.