Dhaka Insurance Limited was incorporated during January 2000. Company was formed with a noble aim of providing assurance to business, industry, livelihood, etc from the unavoidable uncertainty, risk and insecurity of life. Company understands very well that an insurance company is as important as business for a business houses and hence it has to be more trusted, ethical and consistent in giving services. Dhaka Insurance Company was formed with such a slogan “The Trusted House of Insurance”.
Dhaka Insurance Limited, during half year ended on June 2012, has an authorized share capital of Tk. 375 million and it’s reserve and contingency account has sufficient funds of Tk. 133,653,362 which is enough for its financial needs and expansion plans.
Company’s product portfolio has insurance products for all kind of risks and covers the risk in totality as it is a general insurance company. Its product basket includes
- Fire Insurance which covers Risk from fire, flood and cyclone.
- Marine Cargo Insurance which covers all type of marine and marine hull risk.
- Motor Insurance covers risk from personal accident, vehicle insurance, etc.
- Engineering Insurance covers industrial risk of machinery breakdown, deterioration of stock, boiler explosion, contractor’s all risk and erection all risk etc.
- Poultry Farm Insurance.
- Dread Disease Insurance.
- Theft and Burglary Insurance which covers loss due to theft of cash in safe, counter, and cash in transit.
- Overseas Medical Insurance provides insurance to overseas travelers for the medical expenses incurred to them during their travel.
Dhaka Insurance has a good infrastructure of seventeen branches divided among four divisions. Its main branch is located in Dhaka and in Dhaka division it has total nine branches, while its Chittagong division has two branches, while its Khulna and Rajshahi division has three branches each.
Company’s solid trust was justified by its credit rating report. It was rated as A3 for long term which indicates that company has strong financials. It is rated ST-3 for short term which states that company has ability and enough resources to fulfill their financial needs for short term policy obligations.
Company has gross premium income of Tk. 110,755,724 and has net premium income of Tk. 69,541,693 after deduction of reassurance premium of Tk. 41,214,031 from gross premium income during half year ended June 2012. Company’s net profit after tax stood at Tk. 108,125,810 during the same period.
Company’s NAV during the same period was at 16.93 and EPS was at 1.74. Company’s strong reserve base and customer base has made the company stronger day by day and enhance the shareholder’s value. During the economic turmoil, company was able to sail safely to its goal and has never lost the hard earned confidence of investors.
Dhaka Insurance Limited was enlisted in Dhaka Stock Exchange (DSE) in 2010, its been rated as “A” category share under the Insurance sector as on 26-09-2014
Contact Information of Dhaka Insurance Limited:
Address: Amin Court (8th Floor), 31 Bir Uttam Shahid Ashfaquzzam Sarak
Motijheel (C/A), Dhaka-1000.
Contact Phone: 9571482-4, 9569947, 9552742, 9563104
Web Address: www.dhakainsurancebd.com