The Universal Insurance Company Limited announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating income was PKR 2.221 million compared to operating loss of PKR 24.934 million a year ago. Net income was PKR 1.753 million compared to net loss of PKR 24.888 million a year ago. Basic earnings per share was PKR 0.04 compared to basic loss per share of PKR 0.5 a year ago. For the half year, operating loss was PKR 40.978 million compared to PKR 32.033 million a year ago. Net loss was PKR 61.941 million compared to PKR 32.197 million a year ago. Basic loss per share was PKR 1.24 compared to PKR 0.64 a year ago.