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City Insurance Plc (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: City Insurance Plc Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

City General Insurance Company Limited is a second-generation Non-life Insurance Company in Bangladesh. It was established in 1996 under the purview of Companies Act-1994 and is listed with Dhaka and Chittagong Stock Exchanges Limited since 2007. The company is a leading Non-life Insurance company in the country, specializing in Non-life insurance business. City General Insurance Company Limited offers a wide range of insurance products, including fire, marine, motor, and health insurance, among others. It also provides engineering and mediclaim insurance products. The company operates through branches and is headquartered in Dhaka, Bangladesh.

Headquarters
Baitul Hossain Building (4Th Floor), 27, Dilkusha C/A
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.cityinsurance.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1996
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Managing Director
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Vice Chairman
Ownership Details
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36.061%
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35.72%
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28.175%
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0.025%
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0.018%
Company Performance
Financial values in the chart are available after City Insurance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net insurance premium revenue
23.06%
Operating profit (EBIT)
25.22%
Net Profit (Loss) for the Period
28.46%
Total assets
8.55%
Investments
8%
Total equity
6.91%
Net Premiums Earned Trend
N/A
Net Profit Trend
-1.8%
Return on Equity (ROE)
1.39%
Loss Ratio
2.36%
Underwriting Expenses Ratio
-6.68%

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