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Islami Commercial Insurance Company Limited (Dhaka) (Bangladesh)

Main Activities: Insurance Agencies and Brokerages
Full name: Islami Commercial Insurance Company 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

The Company is engaged in insurance busines as Fire insurance, Marine Insurance , Motor Insurance and Engineering Insurance .
Mission :
have specific mission to achieve our goal. We firmly focus on the points to reach the success.
-To provide non-parallel service, protect our policyholders interest and contribute to the stability of national economy.
-To promote Human Resource development and professionalism in insurance business.
-To maintain a cohesive and professional team in order to achieve service excellence to all of our customers.
-To provide the financial security to our clients with utmost good faith, sincerity and dedication.
-To conduct business fairly, honestly and with transparency.
Vision
A company with a long term vision is like a ship without a radar. Like our mission, we also have some vision as well.
-To make the company a sound reputation for dependability, professionalism, most confident and reliable insurer to the customer.
-To provide expeditious courteous services to all of our clients that promotes integrity, performance and personal growth and to maintain our leading edge in the industry by striving to boost our financial strength and profitability.
-To play meaningful role in the development of insurance industry in Bangladesh and to safeguard the legitimate interest of shareholders and all stakeholders.
The Company incorporated on 18 October 1999.
The Company listed on Dhaka Stock exchange on 18 December 2022 and on Chittagong Stock exchange on 14 December 2022.

Headquarters
City Center, Level-16, (Own Space), 90/1, Motijheel C/A
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.iciclbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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Company Performance
Financial values in the chart are available after Islami Commercial Insurance Company Limited (Dhaka) 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
8.46%
Operating profit (EBIT)
35.9%
Net Profit (Loss) for the Period
3.14%
Total assets
25.57%
Investments
41.99%
Total equity
35.22%
Return on Equity (ROE)
-2.16%
Loss Ratio
19.32%
Underwriting Expenses Ratio
-2.45%

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