Jubilee Life Insurance Company Limited announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced operating loss was PKR 282.62 million compared to operating Income of PKR 452.06 million a year ago. Net loss was PKR 196.83 million compared to net income of PKR 297.15 million a year ago. Basic loss per share was PKR 2.26 compared to basic earnings per share of PKR 3.41 a year ago.