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Desh General Insurance Company Limited (Bangladesh)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Desh General Insurance Company Limited Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged on all kinds of incurance ,guarantee and indemnity business other than life insurance business .
The Company s vision :
To be the indushy leader by building customer satisfaction through fairness, transparency and quick response.
The Company s mission :
To provide leadership on issues having a bearing on the industry's collective strength and image and to shape and influence decisions made by the Government, regulator and other public authorities, within the country, in order to benefit the industry collectively.
History
In 2000
The Company incorporated as public limited company on 8 February 2000 and commencement of commercial operation on 2 march 2000.
In 2021
The Company will be listed on Dhaka Chittagong Stock exchange in 16 March 2021.

Headquarters
Jiban Bima Bhaban, Level 5 (Front Block), 10 Dilkusha C/A
Dhaka; Dhaka;

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Website: http://www.deshinsurancebd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
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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Vice Chairman
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Director/Member of the Board
Ownership Details
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35.91%
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6.27%
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5.88%
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4.12%
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4.09%
Company Performance
Financial values in the chart are available after Desh General Insurance Company Limited 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
-11.61%
Operating profit (EBIT)
-38.5%
Net Profit (Loss) for the Period
0.14%
Total assets
-1.7%
Investments
23.67%
Receivables
-10.12%
Total equity
4.74%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-0.4%
Loss Ratio
-19.08%
Underwriting Expenses Ratio
8.2%

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