It is a broadly described annual report of Padma Islami Life Insurance Limited in the year of 2013. During the year, the total premium income of the Company was Taka. 154.75 Crore which was more than Taka. 2.52 Crore from the year of 2012. The Investment of the year 2013 was Tk. l92.68 Crore which was more than Tk. l6.47 Crore from the year of 2012. Total Life fund of the Company as at 31st December.2013 stands to Tk. 300.44 Crores as against Tk. 266.06 Crore in the preceding year. The growth rate of Life fund is 12.92. During the year the Company has settled Claims for Tk. 63.17 Crores compared to claims for Tk. 36.12 Crores in the previous year.
The Board of Directors of the company has did not recommend any dividend for 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.
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