It is a broadly described annual report of Prime Insurance Company Limited in the year of 2015. During the year 2015, Prime Insurance earned a gross premium income of Taka. 579.55 Million as against Taka. 550.45 million in 2014, showing a growth of 5.29%. Total underwriting profit in 2015 is Tk. 118.27 million compared to Tk. 102.99 million in 2014. Total assets of the Company stood at Tk. 1,206.99 million in 2015 from Tk. 1,189.81 million in 2014, showing growth 1.44%. Investment & other income is Tk. 34.46 million in 2015 while it was Tk. 60.39 million in 2014. The company earned a net profit before tax Tk. 134.23 million in 2015 as against Tk. 138.53 million in 2014. The company earned a net profit after tax of Tk. 87.69 million in 2015, while it was Tk. 98.35 million in 2014. In this year, shareholders’ equity of the company is Tk.712.18 million as against Tk.663.42 million in 2014.
The Board of Directors of Prime Insurance recommends a @12.5% cash dividend for the year ended 31st December 2015 amounting to Tk. 51.10 million for declaration in the 20th AGM. 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
