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Nitol Insurance Company Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Nitol Insurance Company 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

The Company is engaged in all kinds of insurance other than life insurance.
The Company was incorporated on October 4, 1999.
The Company was quoted on Dhaka Stock Exchange on November 29, 2005, and on Chittagong Stock Exchange Ltd. on October 10, 2005, with authorized shares TK 500 million.

Headquarters
Police Plaza Concord, Tower - 2, (6Th Floor), Plote - 2, Road - 144, Gulshan - 1
Dhaka; Dhaka; Postal Code: 1212

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Website: http://www.nitolinsurance.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:
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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65%
Company Performance
Financial values in the chart are available after Nitol Insurance Company 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
0.19%
Operating profit (EBIT)
-77.36%
Net Profit (Loss) for the Period
-12.79%
Total assets
-6.06%
Total equity
2.94%
Net Premiums Earned Trend
N/A
Net Profit Trend
18.87%
Return on Equity (ROE)
-0.73%
Loss Ratio
3.18%
Underwriting Expenses Ratio
14.93%

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