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Continental Insurance Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Continental Insurance Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Continental Insurance Limited is a leading and fast-growing non-life insurance company in Bangladesh. It was incorporated on 12th December 1999 and is listed on the Dhaka & Chittagong Stock Exchange since 2008. The company offers a wide range of general insurance products and services, including marine, fire, burglary, motor, engineering, aviation (hull), and miscellaneous insurance. Continental Insurance has taken necessary re-insurance protection from foreign re-insurers and Sadharan Bima Corporation to ensure the full protection of its clients' property and interests. The company is equipped with a team of technically qualified professionals and charges competitive premium rates within the existing tariff to provide maximum protection at minimum cost. It also offers free technical assistance, consultancy services, and advice to its clients. Continental Insurance prioritizes prompt settlement of claims, having settled claims worth more than Tk. 70 Crore since its inception. The company has earned a reputation in the insurance business arena and is currently ranked 5th among the private sector general insurance companies in Bangladesh. Continental Insurance is proud to be an insurance partner for its clients.

Headquarters
Advanced Noorani Tower, (13Th Floor), 1 Mohakhali C/A
Dhaka; Dhaka; Postal Code: 1212

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Website: http://www.cilbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 12, 1999
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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58.4%
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9.33%
Company Performance
Financial values in the chart are available after Continental 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
10.28%
Operating profit (EBIT)
-1.38%
Net Profit (Loss) for the Period
1.38%
Total assets
8.49%
Total equity
5.02%
Net Premiums Earned Trend
-6.57%
Net Profit Trend
0.6%
Return on Equity (ROE)
-0.28%
Loss Ratio
-2.03%
Underwriting Expenses Ratio
2.27%

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