Pioneer Insurance posted a 39.9 per cent year-on-year rise in net profit to Tk43.06 crore in the first nine months of 2026, while earnings per share increased to Tk4.19 from Tk3 a year earlier.
The insurer had reported Tk30.78 crore in net profit in January-September 2025, according to financial statements approved by the board on 19 October.
Gross premium income increased to Tk263.49 crore from Tk252.99 crore, while net premium income after reinsurance rose to Tk130.67 crore from Tk125.95 crore.
Claims paid more than doubled to Tk58.38 crore from Tk24.42 crore over the same period.
In the third quarter alone, net profit rose to Tk12.19 crore from Tk9.26 crore, while EPS increased to Tk1.19 from Tk0.90, despite a slight decline in gross premium income.
Pioneer Insurance shares closed at Tk65.70 on the Dhaka Stock Exchange on Sunday.
As of September, sponsor-directors held 39.37 per cent of the company’s shares, institutional investors 28.27 per cent and general investors 31.79 per cent.
