Karachi, Pakistan – May 6, 2026: State Life Insurance Corporation of Pakistan (SLIC) has delivered a landmark performance in 2025, posting record financial results that underscore the success of its five-year transformation journey under the leadership of CEO Mr. Shoaib Javed Hussain.
The corporation reported total income of PKR 640 billion ($2.3 billion), total premium income of PKR 289 billion, and profit before tax exceeding PKR 26 billion. Individual life new business surged 32 percent year-on-year to PKR 40 billion, driven by innovative product offerings and a comprehensive restructuring of its nationwide marketing force network.
Assets under management swelled to a record PKR 2.5 trillion, reinforcing SLIC’s position as Pakistan’s largest and most financially robust life and health insurer.
In a strong demonstration of its policyholder-first philosophy, SLIC paid out over PKR 224 billion in claims and allocated more than PKR 181 billion as policyholder profit bonuses during the year.
“Our responsibility extends beyond performance to ensuring that growth is delivered where it matters most,” stated Mr. Shoaib Javed Hussain, CEO of SLIC. “The PKR 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.”
The impressive 2025 results mark the culmination of a strategic overhaul initiated under Hussain’s leadership. Key initiatives included modernising distribution channels, launching customer-centric products, enhancing digital capabilities, and strengthening risk and actuarial functions.
These efforts have not only boosted growth but also significantly improved operational efficiency and service delivery across urban and rural Pakistan.
SLIC’s robust balance sheet and consistent profitability have enabled it to maintain high financial strength while expanding its role in both commercial and social protection segments. The corporation continues to serve as a key partner in nationwide social health programmes, extending healthcare access to underserved populations.
Building on this strong foundation, SLIC remains focused on innovation, expanding its core insurance business, strengthening operational efficiency, and advancing institutional capabilities.
With a solid balance sheet, consistent profitability, and a clear strategic direction, the Corporation is well-positioned to sustain momentum and deliver long-term value to policyholders, stakeholders, and the broader economy.
Saleem Zia, Chairman of the Board of SLIC, praised the results as a reflection of continued financial strength and institutional stability. He emphasised that the Corporation remains committed to its core mandate of providing long-term protection to policyholders while upholding disciplined governance and contributing to the stability of Pakistan’s financial system.
About State Life Insurance Corporation of Pakistan:
State Life Insurance Corporation of Pakistan is the only AAA-rated insurer in the country. It serves as a cornerstone of financial protection and inclusion, reaching over 180 million Pakistanis through its comprehensive life and health insurance offerings.
As a key administrative partner in nationwide social health programmes, SLIC plays a pivotal role in extending healthcare access to underserved populations. Simultaneously, it remains a vital institutional pillar in mobilising long-term household savings, enhancing financial resilience at the citizen level and supporting the depth and stability of Pakistan’s financial system.