It is a broadly described annual report of United Insurance Company Limited in the year of 2012. During the year, The Company earned a gross premium income of Tk. 271.73 million against Tk. 295.15 million in 2011, registering a decline of 7.93%. The assets of the Company increased to Tk. 1,023.48 million from Tk. 948.64 million in 2011. The Company’s underwriting profit increased from Tk. 27.06 million in 2011 to Tk. 31.34 million in 2012. Profit before tax also went up from Tk. 132.09 million in 2011 to Tk. 134.64 million in 2012.
The Board of Directors of the Company declared a cash dividend of @10% and a stock dividend of @10% for the year ended 31st December 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 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
