Central Insurance Company Limited (Bangladesh)

Central Insurance Company Limited (CICL) is a non-life insurance company located in Dhaka, Bangladesh. It was established in 1987 and has become one of the leading insurance companies in the country. CICL specializes in both traditional and nontraditional insurance businesses and is known for its ethical practices. The company has a dynamic leadership in management. CICL has an authorized capital of Tk 1,000 million, with Tk 531.45 million fully subscribed and paid-up by its shareholders. The company has a strong financial performance, high solvency margin, excellent liquidity, and prudent underwriting. It has a diversified ownership model and a very high claim paying capability. As a result, CICL has been awarded an 'AA' Credit Rating by Credit Rating Information and Services Limited (CRISL), one of the accredited Credit Rating Agencies of Bangladesh. CICL offers a wide range of insurance products, including Fire, Marine Cargo, Marine Hull, Engineering, Overseas Mediclaim & Holiday, Motor, Various Liability, Aviation Hull & Liability, and Miscellaneous Insurances. The company believes that settling claims promptly is crucial for customer satisfaction and business growth. To ensure quick claims settlement, CICL utilizes information technology, skilled surveyors, and qualified loss adjusters. Central Insurance Company Limited is committed to delivering innovative products and services to its clients while prioritizing safety, security, and sustainability.