Financial Analysis

Comprehensive overview of TPL Insurance's financial performance and key ratios over the years.

Metric	2025	2024	2023	2022	2021	2020	2019
Income Statement
Gross premium written	5,756	5,020	4,085	3,823.1	3,284.0	2,746.9	2,505.3
Net premium revenue	4,293.80	3,424	3,085	3,066.0	2,398.4	2,163.1	2,136.2
Underwriting expenses	-4,205.40	-3,387	-3,240	-2,880.7	-2,280.5	-2,046.8	-2,024.5
Underwriting results	88.4	36.9	-154.8	185.3	117.8	116.3	111.7
Investment income and other income	348.7	467.7	531.5	146.7	110.8	204.1	152.1
Other expenses	-381.3	-359.8	-283.1	-267.0	-233.9	-240.8	-207.8
Surplus on merger	–	–	1,079	–	–	–	–
Profit / (Loss) before tax for the year	55.8	144.6	1,172	65.1	-5.2	79.6	56.0
Profit / (Loss) after tax	47.6	71.6	1,127	18.3	-9.7	39.8	30.5
Other Comprehensive Income	-22.2	40.6	-38.0	-81.5	196.4	22.4	-4.4
Total Comprehensive Income	25.5	112.2	1,089	-63.2	186.6	62.2	26.1
Balance Sheet
Paid up share capital	–	2,027	2,027	2,027	1,393.1	946.7	946.7
Retained Earnings / Accumulated losses	–	481.1	459.9	-59.8	-65.3	-164.5	-114.0
Other comprehensive income reserve	–	110.2	69.5	107.5	189.0	-7.3	-29.7
Other capital reserves	–	124.6	124.6	124.6	77.6	24.1	–
Participant’s Takaful Fund	–	7.7	-42.6	-54.7	-67.5	41.4	-48.9
Total Equity	–	2,750.5	2,638.2	2,144.3	1,526.9	840.4	754.1
Investments	–	2,081.6	2,256.0	1,740.0	1,390.4	920.8	729.4
Fixed assets	–	321.3	300.8	422.0	401.2	257.5	426.5
Capital work in progress	–	–	–	–	–	-	2.6
Cash and bank deposits	–	2,472.1	1,996.5	1,569.4	1,046.4	913.4	702.4
Other assets	–	3,064.0	2,755.4	2,241.0	1,987.1	1,409.5	1,105.2
Total Assets	–	7,939.0	7,308.7	5,971.5	4,786.1	3,501.2	2,966.1
Underwriting liabilities	–	3,636.4	3,075.8	2,795.6	2,393.3	1,970.8	1,505.1
Other liabilities	–	1,552.0	1,594.7	1,031.5	929.9	690.0	706.9
Total Liabilities	–	5,188.4	4,670.8	3,827.1	3,259.2	2,660.8	2,212.0

Metric	2025	2024	2023	2022	2021	2020	2019
Income Statement
Gross premium written	5,756	5,020	4,085	3,823.1	3,284.0	2,746.9	2,505.3
Net premium revenue	4,293.80	3,424	3,085	3,066.0	2,398.4	2,163.1	2,136.2
Underwriting expenses	-4,205.40	-3,387	-3,240	-2,880.7	-2,280.5	-2,046.8	-2,024.5
Underwriting results	88.4	36.9	-154.8	185.3	117.8	116.3	111.7
Investment income and other income	348.7	467.7	531.5	146.7	110.8	204.1	152.1
Other expenses	-381.3	-359.8	-283.1	-267.0	-233.9	-240.8	-207.8
Surplus on merger	–	–	1,079	–	–	–	–
Profit / (Loss) before tax for the year	55.8	144.6	1,172	65.1	-5.2	79.6	56.0
Profit / (Loss) after tax	47.6	71.6	1,127	18.3	-9.7	39.8	30.5
Other Comprehensive Income	-22.2	40.6	-38.0	-81.5	196.4	22.4	-4.4
Total Comprehensive Income	25.5	112.2	1,089	-63.2	186.6	62.2	26.1
Balance Sheet
Paid up share capital	–	2,027	2,027	2,027	1,393.1	946.7	946.7
Retained Earnings / Accumulated losses	–	481.1	459.9	-59.8	-65.3	-164.5	-114.0
Other comprehensive income reserve	–	110.2	69.5	107.5	189.0	-7.3	-29.7
Other capital reserves	–	124.6	124.6	124.6	77.6	24.1	–
Participant’s Takaful Fund	–	7.7	-42.6	-54.7	-67.5	41.4	-48.9
Total Equity	–	2,750.5	2,638.2	2,144.3	1,526.9	840.4	754.1
Investments	–	2,081.6	2,256.0	1,740.0	1,390.4	920.8	729.4
Fixed assets	–	321.3	300.8	422.0	401.2	257.5	426.5
Capital work in progress	–	–	–	–	–	-	2.6
Cash and bank deposits	–	2,472.1	1,996.5	1,569.4	1,046.4	913.4	702.4
Other assets	–	3,064.0	2,755.4	2,241.0	1,987.1	1,409.5	1,105.2
Total Assets	–	7,939.0	7,308.7	5,971.5	4,786.1	3,501.2	2,966.1
Underwriting liabilities	–	3,636.4	3,075.8	2,795.6	2,393.3	1,970.8	1,505.1
Other liabilities	–	1,552.0	1,594.7	1,031.5	929.9	690.0	706.9
Total Liabilities	–	5,188.4	4,670.8	3,827.1	3,259.2	2,660.8	2,212.0

Metric

2025

2024

2023

2022

2021

2020

2019

Income Statement

Gross premium written

5,756

5,020

4,085

3,823.1

3,284.0

2,746.9

2,505.3

Net premium revenue

4,293.80

3,424

3,085

3,066.0

2,398.4

2,163.1

2,136.2

Underwriting expenses

-4,205.40

-3,387

-3,240

-2,880.7

-2,280.5

-2,046.8

-2,024.5

Underwriting results

88.4

36.9

-154.8

185.3

117.8

116.3

111.7

Investment income and other income

348.7

467.7

531.5

146.7

110.8

204.1

152.1

Other expenses

-381.3

-359.8

-283.1

-267.0

-233.9

-240.8

-207.8

Surplus on merger

–

1,079

–

Profit / (Loss) before tax for the year

55.8

144.6

1,172

65.1

-5.2

79.6

56.0

Profit / (Loss) after tax

47.6

71.6

1,127

18.3

-9.7

39.8

30.5

Other Comprehensive Income

-22.2

40.6

-38.0

-81.5

196.4

22.4

-4.4

Total Comprehensive Income

25.5

112.2

1,089

-63.2

186.6

62.2

26.1

Balance Sheet

Paid up share capital

–

2,027

1,393.1

946.7

Retained Earnings / Accumulated losses

–

481.1

459.9

-59.8

-65.3

-164.5

-114.0

Other comprehensive income reserve

–

110.2

69.5

107.5

189.0

-7.3

-29.7

Other capital reserves

–

124.6

77.6

24.1

–

Participant’s Takaful Fund

–

7.7

-42.6

-54.7

-67.5

41.4

-48.9

Total Equity

–

2,750.5

2,638.2

2,144.3

1,526.9

840.4

754.1

Investments

–

2,081.6

2,256.0

1,740.0

1,390.4

920.8

729.4

Fixed assets

–

321.3

300.8

422.0

401.2

257.5

426.5

Capital work in progress

–

2.6

Cash and bank deposits

–

2,472.1

1,996.5

1,569.4

1,046.4

913.4

702.4

Other assets

–

3,064.0

2,755.4

2,241.0

1,987.1

1,409.5

1,105.2

Total Assets

–

7,939.0

7,308.7

5,971.5

4,786.1

3,501.2

2,966.1

Underwriting liabilities

–

3,636.4

3,075.8

2,795.6

2,393.3

1,970.8

1,505.1

Other liabilities

–

1,552.0

1,594.7

1,031.5

929.9

690.0

706.9

Total Liabilities

–

5,188.4

4,670.8

3,827.1

3,259.2

2,660.8

2,212.0