It is a broadly described annual report of Prime Insurance Company Limited in the year of 2014. During the year 2014, Prime Insurance earned a gross premium income of Taka. 550.45 million as against Taka. 544.94 million in 2013, showing a growth of 1.01%, Total underwriting profit in 2014 is Tk. 102.99 million compared to Tk. 97.6 million in 2013. Total assets of the Company stood at Tk. 1192.31 million in 2014 from Tk. 1042.96 million of 2013, showing 14.32% growth. Fixed Deposit position stood at Tk. 406.30 million compared to Tk. 353.00 million of the year 2013. The Company earned the net profit before tax Tk. 138.53 million in 2014 as against Tk. 127.63 million in 2013, which is 9.00% increase over the last year. The Company earned the net profit after tax Tk. 98.35 million in 2014 as against Tk. 86.51 million in 2013, which is an increase of 14.00%.
The Board of Directors has recommended @15% dividend (10% cash and 5% stock) for the year ended 31st December 2014. 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 Prime Insurance Company Limited:
- Annual Report 2010 of Prime Insurance Company Limited
- Annual Report 2011 of Prime Insurance Company Limited
- Annual Report 2012 of Prime Insurance Company Limited
- Annual Report 2013 of Prime Insurance Company Limited
- Annual Report 2014 of Prime Insurance Company Limited
- Annual Report 2015 of Prime Insurance Company Limited
- Annual Report 2016 of Prime Insurance Company Limited
