It is a broadly described annual report of Green Delta Insurance Company Limited in the year of 2012. GDIC contributed BDT 47.50 Crore during the year 2012 to national exchequer as tax, vat, income tax and excise duty deducted at source from employees, clients, and suppliers in the reporting year. The paid-up capital of GDIC was BDT 510.3 million against the authorized capital of BDT 1,000.0 million as of December 2011. In 2012 GDIC’s gross premium reached BDT 2,603.19 million (with a growth of 10.7%) whereas net premium grew by only 40.7% and reached BDT 1,212.54 million at the end of 2012. Similar to other years, fire class of business dominated net premium earnings with 32.72% of total net premium in 2012 followed by marine 50.21%, motor 10.73%, and miscellaneous 6.34%.
The Board of Directors has recommended 15% stock and 15% cash dividend to the shareholders of the company for the year ended 2012. 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 Green Delta Insurance Company Limited:
- Annual Report 2007 of Green Delta Insurance Company Limited
- Annual Report 2008 of Green Delta Insurance Company Limited
- Annual Report 2009 of Green Delta Insurance Company Limited
- Annual Report 2010 of Green Delta Insurance Company Limited
- Annual Report 2011 of Green Delta Insurance Company Limited
- Annual Report 2012 of Green Delta Insurance Company Limited
- Annual Report 2013 of Green Delta Insurance Company Limited
- Annual Report 2014 of Green Delta Insurance Company Limited
- Annual Report 2015 of Green Delta Insurance Company Limited
- Annual Report 2016 of Green Delta Insurance Company Limited
