It is a broadly described annual report of United Insurance Company Limited in the year of 2011. The total assets of the company rose from Taka. 846.53 million as in 2010 to Taka. 948.64 million as at 31st December 2011. During the year, The gross premium earned from various classes of business amounted to Tk. 295 million against Tk. 255 million in 2010, an increase of 15.68%. The gross premium income of the insurance companies increased from Tk. 16.88 billion in 2010 to Tk. 18.03 billion in 2011 registering a growth of 6.81%. Investment and other income Tk. 64.42 million.
The Board of Directors has recommended a cash dividend of @10% and a stock dividend of @10% for the year ended 31st December 2011. 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 United Insurance Company Limited:
- Annual Report 2011 of United Insurance Company Limited
- Annual Report 2012 of United Insurance Company Limited
- Annual Report 2013 of United Insurance Company Limited
- Annual Report 2014 of United Insurance Company Limited
- Annual Report 2015 of United Insurance Company Limited
- Annual Report 2016 of United Insurance Company Limited
