Green Delta Insurance PLC 2023 AR2
The report highlights Green Delta Insurance Company Limited's performance for the fiscal year 2023, during which the company achieved its highest-ever gross written premium of BDT 4,545 million, representing an 8% year-on-year growth. Despite macroeconomic challenges and significant fire claims, such as the Bangabazar market fire, the company maintained its market leadership with a 1.54 times solvency margin and sustained its "AAA" credit rating for the tenth consecutive year. Green Delta also pioneered digital insurance in Bangladesh, achieving a 237% growth in digital sales and launching historic bancassurance agreements with three leading commercial banks. Furthermore, the company continued its commitment to sustainability by aligning with the UN Sustainable Development Goals and supporting community education and gender empowerment.
Company: Green Delta Insurance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2023
Type: AR2
Pages: 524
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Green Delta Insurance PLC
Annual Report
The report highlights Green Delta Insurance Company Limited's performance for the fiscal year 2023, during which the company achieved its highest-ever gross written premium of BDT 4,545 million, representing an 8% year-on-year growth. Despite macroeconomic challenges and significant fire claims, such as the Bangabazar market fire, the company maintained its market leadership with a 1.54 times solvency margin and sustained its "AAA" credit rating for the tenth consecutive year. Green Delta also pioneered digital insurance in Bangladesh, achieving a 237% growth in digital sales and launching historic bancassurance agreements with three leading commercial banks. Furthermore, the company continued its commitment to sustainability by aligning with the UN Sustainable Development Goals and supporting community education and gender empowerment.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees