It is a broadly described annual report of United Insurance Company Limited in the year of 2015. During the financial year, the assets of the Company Increased to Taka. 1,297.23 million from Taka. 1,211.77 million in 2014. The Company earned a premium Income of Tk. 383.37 million against Tk. 345.28 million in 2014, posting a growth of 11.03%. Insurance Industry in the non-life sector grew by 7.76% in 2014. In 2015, The Company earned a gross premium income of Tk. 383.37 million as against Tk. 345.28 million in 2014, showing an increase of 11.03%.
The Directors in their meeting held on 27th March 2016 have recommended a cash dividend Taka 0.60 per ordinary share of Taka 10 each aggregating Taka. 24,000,000 and a stock dividend @5% (i.e. 1 bonus share for every 20 ordinary shares) of Taka 10 each aggregating Taka. 20,000,000 for the year ended 31st December 2015 subject to the approval of the shareholders in the Annual General Meeting. 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 United Insurance Company Limited:
- Annual Report 2011 of United Insurance Company Limited
- Annual Report 2012 of United Insurance Company Limited
- Annual Report 2013 of United Insurance Company Limited
- Annual Report 2014 of United Insurance Company Limited
- Annual Report 2015 of United Insurance Company Limited
- Annual Report 2016 of United Insurance Company Limited
