As of September 2026, sponsor-directors held 39.37% of the company’s outstanding shares, while institutional investors held 28.27% and general investors held 31.79%.
TBS Report
20 October, 2026, 09:50 pm
Last modified: 20 October, 2026, 09:51 pm
Pioneer Insurance, a listed insurer on the stock exchange, reported a 40% year-on-year growth in net profit in the first nine months of 2026, supported by an increase in gross premium income.
According to its financial statements approved at a board meeting held on 19 October, the company's net profit rose to Tk43.06 crore in January-September 2026, with earnings per share (EPS) of Tk4.19, compared with Tk30.78 crore and an EPS of Tk3 in the same period last year.
During the first nine months of 2026, the insurer earned Tk263.49 crore in gross premium income. After deducting reinsurance premiums, its net premium income stood at Tk130.67 crore.
In January-September 2025, its gross premium income was Tk252.99 crore, while net premium income amounted to Tk125.95 crore after reinsurance premiums.
The company's claim settlements also increased significantly during the period. It paid Tk58.38 crore in claims in the first nine months of 2026, up from Tk24.42 crore in the same period last year.
In the third quarter of 2026, Pioneer Insurance's net profit rose to Tk12.19 crore, with an EPS of Tk1.19, despite a slight decline in gross premium income. In the same quarter last year, its net profit was Tk9.26 crore, with an EPS of Tk0.90.
On Sunday, the company's shares closed at Tk65.70 each on the Dhaka Stock Exchange (DSE).
As of September 2026, sponsor-directors held 39.37% of the company's outstanding shares, while institutional investors held 28.27% and general investors held 31.79%.