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Bangladesh General Insurance Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities | Insurance Carriers
Full name: Bangladesh General Insurance Limited Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Bangladesh General Insurance Limited is a general insurance company located in Dhaka, Bangladesh. It was established on July 29, 1985, with an authorized capital of Tk. 100 million. The company operates under the supervision of a board of directors and follows the legal framework of the Insurance Act, 1938, and the Insurance Rules, 1958. Initially, the company had a paid-up capital of Tk. 30 million, which was later increased to Tk. 60 million through public subscription in May 1989. Bangladesh General Insurance Limited is listed on both the Dhaka and Chittagong stock exchanges. The company has a team of experienced professionals and qualified insurance technocrats who strive to provide the best services to their clients. They aim to become a major player in both the domestic and international insurance markets. The company is committed to creating social awareness about the value of insurance and reaching various segments of society. They continuously adapt their products to meet the changing needs of society and introduce new products to cater to future lifestyles.

Headquarters
42, Dilkusha C/A Motijheel, Bgic, G.P.O. Box No. 3519
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.bgicinsure.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1984
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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31.09%
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5.06%
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5.01%
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4.47%
Company Performance
Financial values in the chart are available after Bangladesh General Insurance Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net insurance premium revenue
5.27%
Operating profit (EBIT)
3.52%
Net Profit (Loss) for the Period
0.66%
Total assets
7.74%
Investments
0%
Total equity
0.67%
Net Premiums Earned Trend
4.35%
Net Profit Trend
N/A
Return on Equity (ROE)
0%
Loss Ratio
-5.31%
Underwriting Expenses Ratio
-4.94%

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