KARACHI: State Life Insurance Corporation of Pakistan (SLIC) has closed 2025 with a robust financial performance that reflects a five-year transformation led by Shoaib Javed Hussain, CEO of SLIC.
The Corporation delivered Rs +640 billion (USD2.3bn) in total income, Rs +289 billion in total premium income, Rs 181 billion + policyholder profit bonus, and Rs +26 billion in profit before tax, reinforcing its position as Pakistan’s largest life and health insurer.
The Individual Life New business recorded Rs +40 billion, reflecting 32 percent year-on-year growth, driven by new product innovation, and distribution channel restructuring of the nationwide marketing force network. SLIC’s financial strength remained firmly anchored, with assets under management rising to Rs +2.5 trillion.
This strength translated directly into policyholder value, with the Corporation paying Rs +224 billion in claims and allocating Rs +181 billion in policyholder profit bonuses, reinforcing its commitment to financial protection and long-term savings.
“Our responsibility extends beyond performance to ensuring that growth is delivered where it matters most,” stated Shoaib Javed Hussain, CEO of SLIC. “The Rs +181 billion policyholder profit bonus demonstrates the scale at which institutional strength is being translated into direct value for policyholders. These outcomes have been delivered through product innovation, disciplined execution across the Corporation and the consistent performance of our officers, staff, and nationwide marketing force, who remain committed to working towards the best advantage of our communities.”
Saleem Zia, Chairman of the Board of SLIC, said the results reflect continued financial strength and institutional stability. He noted that the Corporation remains focused on its core mandate of providing long-term protection to policyholders while maintaining disciplined governance and contributing to national financial system stability.
Copyright Business Recorder, 2026
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