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Republic Insurance Company Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Republic 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

Republic Insurance Company Limited is a well-known and trusted non-life insurance company located in Dhaka, Bangladesh. It was incorporated as a public limited company on May 18, 2000, under the Companies Act, 1994, and obtained registration from the Insurance Development and Regulatory Authority on May 30, 2000. The company is listed on the Dhaka Stock Exchange Ltd and Chittagong Stock Exchange Ltd as a publicly traded company. It operates through 30 online branches spread across the country. Republic Insurance Company Limited offers various insurance products and services in four segments: Fire, Marine, Motor, and Miscellaneous. These include fire insurance, marine cargo insurance, motor insurance, marine hull insurance, health insurance, personal accident insurance, burglary insurance, industrial all risks insurance, aviation insurance, money insurance, cash-in-safe, cash-in-transit, and cash-on-counter. The company's branches are located in various cities such as Malibagh, Motijheel Corporate, Motijheel, Dilkusha, Hatkhola, Elephant Road, Palton, Farmgate, BB Avenue, Imamgonj, Rampura, Agrabad, VIP Road, Khatungonj, Jubliee Road, Kushtia, Satkhira, Rangpur, Khulna, Jashore, Bogura, Chapai Nawabgonj, Naogaon, and Sylhet. Republic Insurance Company Limited operates as a non-life insurance company, serving customers throughout Bangladesh.

Headquarters
Hr Bhaban (6Th 9Th Floor), 26/1,Kakrail
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.riclbd.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:
May 18, 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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Vice Managing Director
Ownership Details
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61.69%
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38.31%
Company Performance
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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
29.99%
Operating profit (EBIT)
-1.61%
Net Profit (Loss) for the Period
2.49%
Total assets
2.09%
Investments
6.24%
Total equity
5.65%
Net Premiums Earned Trend
5.19%
Net Profit Trend
0.06%
Return on Equity (ROE)
-0.32%
Loss Ratio
N/A
Underwriting Expenses Ratio
-9.84%

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