*May 29, 2025 | AKD Off the Analyst's Desk | Adamjee Life Assurance Company Limited* *ALIFE — CY24 Analyst Briefing Takeaways* Company posted earnings of PkR1.6bn (EPS: PkR6.22) in CY24, compared to PkR0.9bn (EPS: PkR3.63) in SPLY, reflecting a 71%YoY increase. Company’s gross premium income increased by 33%YoY to PkR31bn in CY24, up from PkR23.4bn in CY23. Bancassurance remains the primary revenue driver, with key partners being MCB Bank and HMB Bank. Other revenue contributors include Direct Distribution, Insurtech & Micro Insurance, and Group Life. Read more https://research.akdsl.com/ALIFE_AKD_Off_the_Analysts_Desk_May_29_2025.pdf *Regards* *AKD Research*