It is a broadly described annual report of Reliance Insurance Limited in the year of 2015. During the year 2015, the Company contributed Tk. 410.24 million to the national exchequer as against Tk. 426.84 million in 2014. During the year 2015, Reliance attained a Gross Premium income of Taka 2,271.66 million as against Taka 2,026.71 million in 2014 – an increase of 12.09 %, Net Premium income achieved was Taka 877.98 million as against Taka 907.92 million in 2014 – a decrease of 3.3%. Underwriting profit achieved was Taka 233.71 million as against Taka 215.22 million in 2014, an increase of 8.59%. Investment income secured Taka 288.49 million as against Taka 298.56 million in 2014. Net pre-tax profit attained is Taka 456.83 million as against Taka 458.39 million in 2014, a decrease of 0.34%. After-tax Profit is Taka 316.67 million in 2014 as against Taka 298.18 million in 2014, an increase of 6.20%.
Based on the operating profits for 2015, the company has proposed a dividend of @30% in the form of 15% Bonus shares and 15% cash dividend. 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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