Abu Sazzad :
The total premium income and asset of private sector life insurance companies rose 7.12 per cent and 14.54 per cent respectively in the last year 2014 compared with its previous year 2013.
The total premium income of private sector life insurance companies rose from Tk. 62,429 million in 2013 to Tk. 66,879 million in 2014. The total assets of the private sector life insurance companies stood at Tk.297,620 million in 2014 as against Tk.259,827 million in 2013.
Sheikh Kabir Hossain, President of Bangladesh Insurance Association (BIA) disclosed the information while addressing at the 28th Annual General Meeting of the Bangladesh Insurance Association. The AGM was held in the Hotel Purbani International, Dhaka on Sunday.
The gross premium income of non-life private sector insurance companies increased from Tk. 21,038 million in 2013 to Tk.22,670 million in 2014 indexing a growth rate of 7.76 per cent. The total assets stood at Tk. 59,113 million in 2014 whereas it was Tk. 54,875 million in 2013. The total investment stood at Tk. 29,822 million in 2014 whereas Tk. 29,119 million in 2013,said the BIA President.
The president also highlighted some of the activities of the association, which is playing important role for the development of insurance industry as well as country’s economy.
Muzaffar Hossain Paltu, Chairman of Union Insurance, Nizam Uddin Ahmed, Chairman of Meghna Life Insurance, Karnaphuli Insurance, Md. Abdul Muqtadir, Chairman of Global Insurance, Nasir A. Choudhury, Advisor of Green Delta Insurance, Md. Fazlul Hoque Khan, Chief Executive Officer of Janata Insurance, A. Q. M. Wazed Ali, Chief Executive Officer of Dhaka Insurance, K.A.M. Ferdous, Chief Executive Officer of Takaful Islami Insurance, Biswajit Kumar Mondal, Chief Executive Officer of Jamuna Life Insurance, Amzad Hossain Khan Chowdhury, Chief Executive Officer of Zenith Islami Life Insurance, Md. Hemayet Ullah, Chief Executive Officer of Fareast Islami Life Insurance spoke on the occasion.
The total premium income and asset of private sector life insurance companies rose 7.12 per cent and 14.54 per cent respectively in the last year 2014 compared with its previous year 2013.
The total premium income of private sector life insurance companies rose from Tk. 62,429 million in 2013 to Tk. 66,879 million in 2014. The total assets of the private sector life insurance companies stood at Tk.297,620 million in 2014 as against Tk.259,827 million in 2013.
Sheikh Kabir Hossain, President of Bangladesh Insurance Association (BIA) disclosed the information while addressing at the 28th Annual General Meeting of the Bangladesh Insurance Association. The AGM was held in the Hotel Purbani International, Dhaka on Sunday.
The gross premium income of non-life private sector insurance companies increased from Tk. 21,038 million in 2013 to Tk.22,670 million in 2014 indexing a growth rate of 7.76 per cent. The total assets stood at Tk. 59,113 million in 2014 whereas it was Tk. 54,875 million in 2013. The total investment stood at Tk. 29,822 million in 2014 whereas Tk. 29,119 million in 2013,said the BIA President.
The president also highlighted some of the activities of the association, which is playing important role for the development of insurance industry as well as country’s economy.
Muzaffar Hossain Paltu, Chairman of Union Insurance, Nizam Uddin Ahmed, Chairman of Meghna Life Insurance, Karnaphuli Insurance, Md. Abdul Muqtadir, Chairman of Global Insurance, Nasir A. Choudhury, Advisor of Green Delta Insurance, Md. Fazlul Hoque Khan, Chief Executive Officer of Janata Insurance, A. Q. M. Wazed Ali, Chief Executive Officer of Dhaka Insurance, K.A.M. Ferdous, Chief Executive Officer of Takaful Islami Insurance, Biswajit Kumar Mondal, Chief Executive Officer of Jamuna Life Insurance, Amzad Hossain Khan Chowdhury, Chief Executive Officer of Zenith Islami Life Insurance, Md. Hemayet Ullah, Chief Executive Officer of Fareast Islami Life Insurance spoke on the occasion.
