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Progressive Life Insurance Company Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Progressive Life Insurance Company Limited Profile Updated: May 02, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Progressive Life Insurance Company Limited is a company based in Bangladesh, with its head office in Dhaka. It operates in the Insurance Carriers and Related Activities industry. Progressive Life Insurance Company Limited was incorporated on 2000. It currently has a total number of 563 (2019) employees. There was a net sales revenue drop of 45.68% reported in Progressive Life Insurance Company Limited’s latest financial highlights for Q3C2020. During that time, Progressive Life Insurance Company Limited’s total assets decreased by 0.83%.

Legal Address
National Scout Bhaban (4,5,6,7 & 11th Floor),70/1 Inner Circular Road,Kakrail
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.progressivelife.com.bd

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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Ratings:
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Incorporation Date:
2000
Key Executives
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Chairman of the Board
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Director
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Director
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Director
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Director
Ownership Details
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54.7%
Subsidiaries
Company Performance
Financial values in the chart are available after Progressive Life 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
-45.68%
Operating profit (EBIT)
-34.35%
Net Profit (Loss) for the Period
-33.61%
Total assets
-0.83%
Investments
-0.1%
Total equity
12%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
-5.34%
Loss Ratio
-23.71%

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