It is a broadly described annual report of Republic Insurance Company Limited in the year of 2015. The authorized capital of the company is Tk. 100 Crore divided into 10,00,00,000 ordinary shares of Tk. 10/- each. As on 31st December 2015, The Company has total assets of Taka. 81,69,37,721/- representing an increase of 6.56% compared with the end of last year. During the year 2015, The Company earned gross premium amounting to Tk. 436,668,252 Crore as against Tk. 430,911,899 Crore in 2014. The Company earned Net premium income Tk. 334,017,405 Crore as against Tk. 342,868,302 Crore in 2014. The company earned Net Profit of Taka. 8,08,69,432/-. The company’s EPS was Tk. 1.92 in 2015 against Tk. 1.70 in 2014.
The Board of Directors of the company has recommended @13% stock dividend for each share @ Tk. 10/- for the year ended on 31st December 2015. 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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