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Purabi General Insurance Company Ltd (Bangladesh)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Purabi General Insurance Company Ltd 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

Purabi General Insurance Company Ltd is a leading general insurance company in Bangladesh. It was established in 1983 and has since expanded its network by opening branch offices throughout the country. The company offers a wide range of general insurance coverage, including marine insurance, fire insurance, motor insurance, engineering insurance, DOS & MBD insurance, money insurance, and miscellaneous insurance. Purabi General Insurance Company Ltd is committed to providing a safe and secure future for individuals, society, and the community through its insurance protection. The company aims to build strong relationships with policyholders by offering qualitative services and prompt claims settlement. It also focuses on enhancing employee skills and motivation through professional training and competitive remuneration packages. Purabi General Insurance Company Ltd strives to satisfy shareholders by achieving consistent performance and providing transparent financial information. The company maintains excellent relationships with its business partners and fulfills its responsibilities to the community through various philanthropic activities. With its dynamic leadership and expertise, Purabi General Insurance Company Ltd has become one of the leading non-life insurance companies in Bangladesh. It offers a broad range of innovative products and services while prioritizing safety, security, and sustainability. The company operates through multiple branches strategically located throughout the country. With an authorized capital of Tk. 1,00,00,00,000 and a paid-up capital of Tk. 580,703,940, Purabi General Insurance Company Ltd is a fast-growing player in the private insurance sector of Bangladesh.

Headquarters
Sandhani Life Tower, Rajuk Plot No-34, Bangla Motor
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.purabiinsurance.org

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1988
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 President
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Vice Chairman
Ownership Details
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42.88%
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25.43%
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4.96%
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3.3%
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3.23%
Company Performance
Financial values in the chart are available after Purabi General 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
73.45%
Operating profit (EBIT)
104.42%
Net Profit (Loss) for the Period
93.44%
Total assets
7.74%
Investments
0%
Total equity
5.3%
Net Premiums Earned Trend
42.21%
Net Profit Trend
N/A
Return on Equity (ROE)
2.82%
Loss Ratio
22.04%
Underwriting Expenses Ratio
-26.59%

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