Shaheen Insurance Company Limited reported unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net premium revenue of PKR 86,887,290 compared to PKR 132,333,059 a year ago. Loss before tax was PKR 16,472,447 against PKR 29,246,031 a year ago. Loss after tax was PKR 22,950,987 or PKR 0.77 per basic and diluted share against profit after tax of PKR 8,254,831 or PKR 0.29 per basic and diluted share a year ago.

For the nine months, the company reported net premium revenue of PKR 268,029,972 compared to PKR 391,610,845 a year ago. Loss before tax was PKR 55,216,484 against PKR 13,532,850 a year ago. Loss after tax was PKR 86,496,634 or PKR 2.88 per basic and diluted share against 14,532,850 or PKR 0.48 per basic and diluted share a year ago.