It is a broadly described annual report of Pragati Insurance Limited in the year of 2006. During the year 2006, the company earned the gross premium of Taka. 695,430,772, which includes public sector business of Tk. 20,866,547. After ceding for reinsurance, the net premium stood at Tk. 303,683,073. Underwriting profit of Tk. 64,182,258 as against Tk. 54,030,606 in the previous year, worked out to be 21.13% of the net premium. Provision for income tax Tk. 27.50. The company earned Tk. 45 million in 2006 against Tk. 32.5 million in 2005, a rise of 38.46% over the previous year.
The Board of Directors has recommended and proposed a cash dividend @15% on Paid-up capital of Taka. 217,158,000 i.e. Tk. 15 per share of Tk. 100 each. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Pragati Insurance Limited:
- Annual Report 2000 of Pragati Insurance Limited
- Annual Report 2001 of Pragati Insurance Limited
- Annual Report 2002 of Pragati Insurance Limited
- Annual Report 2003 of Pragati Insurance Limited
- Annual Report 2004 of Pragati Insurance Limited
- Annual Report 2005 of Pragati Insurance Limited
- Annual Report 2006 of Pragati Insurance Limited
- Annual Report 2007 of Pragati Insurance Limited
- Annual Report 2008 of Pragati Insurance Limited
- Annual Report 2009 of Pragati Insurance Limited
- Annual Report 2010 of Pragati Insurance Limited
- Annual Report 2011 of Pragati Insurance Limited
- Annual Report 2012 of Pragati Insurance Limited
- Annual Report 2014 of Pragati Insurance Limited
- Annual Report 2015 of Pragati Insurance Limited
- Annual Report 2016 of Pragati Insurance Limited
