It is a broadly described annual report of Eastland Insurance Company Limited in the year of 2013. During the financial year, The Company’s Gross premium income and net premium income stood at Tk. 700.38 million and Tk. 380.19 million registering a growth 7.73% and 9.58% respectively over the previous year. Net profit after tax stood at Tk. 200.60 million in 2013 which was Tk. 153.39 million in 2012 registering a growth of 30.78%. Total assets of the company stood at Tk. 1717.82 million as at 31st December 2013 showing a growth of 10.99% than that of the last year. The company settled claims amounting to Tk. 160.48 million during 2013 which was Tk. 127.52 million in 2012 and so far in last 27 years Eastland settled a total claim of Tk. 1497.49 million.
The Board of Directors in its 154th Board Meeting held on March 25, 2014, recommended @10% stock & @15% cash dividend to the shareholders from an available profit during the year 2013. 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 Eastland Insurance Company Limited:
- Annual Report 2011 of Eastland Insurance Company Limited
- Annual Report 2012 of Eastland Insurance Company Limited
- Annual Report 2013 of Eastland Insurance Company Limited
- Annual Report 2014 of Eastland Insurance Company Limited
- Annual Report 2015 of Eastland Insurance Company Limited
- Annual Report 2016 of Eastland Insurance Company Limited
