State Life Insurance - Financial Advisor

Arafat Day reminds us that some of life’s greatest rewards begin with patience, faith, and sacrifice.

State Life Insurance Corporation Of Pakistan (SLIC) has closed 2025 with a robust financial performance that reflects a five-year transformation led by Mr. Shoaib Javed Hussain, CEO of SLIC.

The Corporation delivered PKR +640bn ($2.3 bn) in total income, PKR +289 bn in total premium income, PKR 181 bn+ policyholder profit bonus, and PKR +26bn in profit before tax, reinforcing its position as Pakistan’s largest life and health insurer.

The Individual Life New business recorded PKR +40bn, reflecting 32% year-on-year growth, driven by new product innovation, and distribution channel restructuring of the nationwide marketing force network. SLIC’s financial strength remained firmly anchored, with assets under management rising to PKR +2.5 trillion.

This strength translated directly into policyholder value, with the Corporation paying PKR +224bn in claims and allocating PKR +181bn in policyholder profit bonuses, reinforcing its commitment to financial protection and long-term savings.

State Life Insurance Corporation of Pakistan (SLIC), in collaboration with JS Bank and KuickPay, has introduced Raast QR–based insurance premium payments for its policyholders.

This initiative supports the vision of H.E. the Prime Minister of Pakistan, Mian Muhammad Shehbaz Sharif, for a Cashless & Digital Pakistan, enabling fast, secure, and cashless premium payments through a simple Raast QR scan on statelife.com.pk.

By adopting Raast for high-volume premium collections, State Life continues to enhance customer convenience while contributing to the strengthening of Pakistan’s digital payments ecosystem and financial inclusion nationwide.