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Pakistan Reinsurance Company Assets Exceed Rs. 70 Billion Ahead Of Privatization

The proposed privatization of Pakistan Reinsurance Company Limited has brought the financial position of the state-owned reinsurer into focus, with … Read More The post Pakistan Reinsurance Company Assets Exceed Rs. 70 Billion Ahead Of Privatization appeared first on ProPakistani .

Pakistan Reinsurance Company Assets Exceed Rs. 70 Billion Ahead Of Privatization

The Pakistan Reinsurance Company Limited, a state-owned reinsurer, has assets exceeding Rs. 70.53 billion as of June 30, 2025, according to company documents. This financial position is under scrutiny as the government evaluates the prospects of privatizing the company. At the end of the period, PRCL's total liabilities amounted to more than Rs.

48.21 billion, while its investment portfolio was valued at over Rs. 25.45 billion. The portfolio consisted of Rs. 9.75 billion in equity securities and Rs. 15.70 billion in debt securities, with additional assets of more than Rs. 1.17 billion in cash and bank balances. PRCL also received over Rs. 2.57 billion from the Sindh Revenue Board and approximately Rs.

14.06 billion from its insurance and reinsurance operations. The company's major properties in Karachi include PRC Towers, the PIC Building, and PRC House. Notably, PRCL did not record any bad debts or irrecoverable debt expenses. These financial figures will play a crucial role in the privatization process, as they provide insights into the company's asset base, investment holdings, liabilities, and receivables.

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