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Federal Insurance Company Ltd (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Federal Insurance Company Ltd Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Federal Insurance Company Ltd. is a leading private general insurance company located in Dhaka, Bangladesh. It is known for its expert knowledge and diverse experience in the insurance industry. The company's board of directors consists of prominent industrialists, exporters, importers, and businessmen who play a significant role in trade, commerce, and industry, including insurance business. The company was registered on November 11, 1987, and obtained its Insurance Registration Certificate on November 17. It was formally inaugurated on December 20, 1987, and offers a range of insurance services, including Marine, Fire, Motor, Personal Accident, Aviation, and miscellaneous insurances. With a highly experienced and dedicated management team, the company has quickly become one of the leading private general insurance organizations in Bangladesh. Its vision is to be an insurer of world standards and the preferred choice for clients domestically and globally. The company's mission is centered around customer satisfaction, adopting international best practices, innovation in product development, establishing a presence throughout Bangladesh, and upholding corporate values and governance.

Headquarters
6Th Floor Of Navana D.H Tower, 6 Panthapath, G.P.O Box No. 4094
Dhaka; Dhaka; Postal Code: 1215

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Website: http://www.federalinsubd.com

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:
1987
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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Vice Managing Director
Ownership Details
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64.05%
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34.9%
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1.02%
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0.02%
Company Performance
Financial values in the chart are available after Federal Insurance Company Ltd 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
15.37%
Operating profit (EBIT)
-16.91%
Net Profit (Loss) for the Period
-16.91%
Total assets
2.83%
Total equity
-1.1%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-0.77%
Loss Ratio
20.06%
Underwriting Expenses Ratio
11.86%

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