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Union Insurance Co. Ltd (Dhaka) (Bangladesh)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Union Insurance Co. Ltd Profile Updated: August 08, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is engaged in non-life insurance activities.
The Company s mission:
To be the best performing Insurance Company in the country providing high quality product and services backed by the latest technology and a team of highly motivated personnel.
The Company s vision:
To be a market leader in providing integrated total quality and the highest standard of insurance services in all areas of our work, in order to uphold our status as one of the best service providers in the insurance industry of Bangladesh.
History:
2000:The Company incorporated in 24 August 2000.
2022: The Company listed on Dhaka Chittagong stock Exchange in 16 January 2022.

Headquarters
Dr Tower (15Th Floor) 65/2/2 Box Culvert Road, Purana Paltan
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.unioninsurancebd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 2026
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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28.71%
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11.29%
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5.19%
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4.4%
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4.18%
Company Performance
Financial values in the chart are available after Union Insurance Co. Ltd (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
19.17%
Operating profit (EBIT)
6.07%
Net Profit (Loss) for the Period
9.7%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Underwriting Expenses Ratio
10.58%

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