Pioneer Insurance profit drops 4.6% in 2025, announces higher dividend

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Pioneer Insurance profit drops 4.6% in 2025, announces higher dividend

B Mirror Report: listed non-life insurance provider Despite a 4.6% decrease in profit for 2025, Pioneer Insurance Company Limited reported higher revenue.  The company reported a net profit of Tk 446.95 million in 2025, which was less than the previous year, according to a filing submitted with the stock exchange on Tuesday. From Tk 4.79 in 2024, earnings per share (EPS) fell to Tk 4.57 in 2025.

Pioneer Insurance provides a wide range of general insurance services, including motor, fire, marine and aviation coverage. The company said profit declined mainly because it had to settle a higher volume of claims in 2025 compared to the previous year.

Despite the lower profit, the board of directors recommended a higher dividend for shareholders. It proposed a 25 per cent cash dividend and a 5 per cent stock dividend for the year ended December 31, 2025, subject to regulatory approval. In the previous year, the company had declared a 25 per cent cash dividend only.

The company said the bonus shares have been proposed to increase paid-up capital and strengthen its financial position in both the domestic and global insurance markets. If approved, the stock dividend will be issued from accumulated profits.

Meanwhile, Pioneer Insurance improved its cash generation capacity, with net operating cash flow per share rising to Tk 3.09 in 2025 from negative Tk 0.91 a year earlier.

Following the earnings disclosure, the company’s share price fell 2.29 per cent to Tk 51.10 on the Dhaka Stock Exchange (DSE) on Tuesday.

 

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