Central Insurance Co Ltd 2013 AR2
The report highlights the financial and operational performance of Central Insurance Company Limited for the fiscal year 2013. Despite stiff market competition and political instability, the company achieved a gross premium income of Tk. 268.58 million and a net premium income of Tk. 199.41 million, representing growths of 8.76% and 16.23% respectively. Pre-tax profit increased by 30.36% to Tk. 123.39 million, and total assets grew by 12.45% to Tk. 1,467.05 million. The Board of Directors recommended a 14% cash dividend for the year. Additionally, the company was rated 'A3' by the Credit Rating Agency of Bangladesh, indicating high claims paying ability and sound solvency.
Company: Central Insurance Co Ltd
Sector: Finance & insurance
Country: Bangladesh
Year: 2013
Type: AR2
Pages: 68
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Central Insurance Co Ltd
Annual Report
The report highlights the financial and operational performance of Central Insurance Company Limited for the fiscal year 2013. Despite stiff market competition and political instability, the company achieved a gross premium income of Tk. 268.58 million and a net premium income of Tk. 199.41 million, representing growths of 8.76% and 16.23% respectively. Pre-tax profit increased by 30.36% to Tk. 123.39 million, and total assets grew by 12.45% to Tk. 1,467.05 million. The Board of Directors recommended a 14% cash dividend for the year. Additionally, the company was rated 'A3' by the Credit Rating Agency of Bangladesh, indicating high claims paying ability and sound solvency.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees