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Express Insurance Limited (Bangladesh)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Express 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

Express Insurance Limited is a fast-growing general insurance company located in Dhaka, Bangladesh. It was incorporated in March 2000 and has been granted a registration certificate by the Office of the Chief Controller of Insurance under the Ministry of Commerce. The company offers various general insurance services, including marine, fire, motor, and miscellaneous insurance throughout the country. Express Insurance Limited has gained a strong reputation and achieved remarkable success in the business community. The company's mission is to become a leading general insurance company in the country by implementing goal-oriented corporate management and good governance at all levels. They prioritize providing sincere and professional services to their clients to establish their integrity and credibility.

Headquarters
Al-Razi Complex (9Th 10Th Floor) 166-167, Shahid Syed Nazrul Islam Sharani, Bijoy Nagar
Dhaka; Dhaka;

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Website: http://www.eilbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
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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40%
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6.64%
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6.02%
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5.95%
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5.52%
Company Performance
Financial values in the chart are available after Express 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
-12.8%
Operating profit (EBIT)
10.25%
Net Profit (Loss) for the Period
-8.34%
Total assets
0.88%
Investments
0%
Total equity
3.94%
Net Premiums Earned Trend
-6.54%
Net Profit Trend
N/A
Return on Equity (ROE)
-0.64%
Loss Ratio
13.86%
Underwriting Expenses Ratio
32.21%

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