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Rupali Life Insurance Company Limited (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Rupali Life Insurance Company Limited 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

Rupali Life Insurance Company Limited (RLIC) is a leading life insurance company in Bangladesh. Established in 2000, RLIC operates throughout the country with its headquarters in Dhaka. The company offers life insurance plans that provide a specified sum of money to beneficiaries or nominees in the event of the insured person's death. RLIC's primary method of distribution is through its agency network, which includes offices, servicing centers, and affiliates across the country. The company emphasizes professional skill development through continuous education and field training. RLIC is known for its transparent and accountable services, and its quality products have gained popularity among the general public. RLIC's success can be attributed to its policy of developing local talent to meet the specific needs of each district in Bangladesh.

Headquarters
Rupali Life Tower, 50, Kakrail
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.rupalilife.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:
December 28, 1999
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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41.568%
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32.071%
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26.297%
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0.064%
Company Performance
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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
-17.14%
Operating profit (EBIT)
345294.19%
Net Profit (Loss) for the Period
354906.63%
Total assets
-1.64%
Investments
1.8%
Total equity
15.21%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
538.35%
Loss Ratio
-28.48%
Underwriting Expenses Ratio
4.54%

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