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Padma Islami Life Insurance Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Padma Islami Life 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

Padma Islami Life Insurance Limited is a life insurance company based in Dhaka, Bangladesh. It was incorporated in 2000 and was previously known as Padma Life Insurance Co. Ltd. In September 2010, the company changed its name to Padma Islami Life Insurance Limited. The company offers Ekok Bima, Khudra Bima, and group insurance products.

Headquarters
Padma Lite Tower, 115, Kazi Nazrul Islam Avenue, Bangla Motor
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.padmaislamilife.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:
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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Managing Director
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Vice Chairman
Ownership Details
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7.97%
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7.229%
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6.94%
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6.514%
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6.143%
Company Performance
Financial values in the chart are available after Padma Islami Life 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
-36.04%
Operating profit (EBIT)
-98.42%
Net Profit (Loss) for the Period
-98.68%
Total assets
-10.27%
Investments
0.25%
Total equity
0%
Net Premiums Earned Trend
-33.44%
Net Profit Trend
-129.71%
Return on Equity (ROE)
-15.69%
Loss Ratio
-45.95%
Underwriting Expenses Ratio
16.42%

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