It is a broadly described annual report of Central Insurance Company Limited in the year of 2016. During the year under report, The Company’s Gross premium income of the Company for the year 2016 was Taka. 34,31,75,103.00 which was Taka. 30,85,24,774.00 in the year 2015. The total premium income increased by 11.24 % compared to that of the previous year. The net premium income for the year under review was Taka. 24,18,60,975.00 which was Taka. 22,11,86,298.00 in the previous year. Increase in the rate of the net premium is 9.35% over the previous year.
The Board of Directors of the Company has recommended 7% cash dividend & 5% Stock Dividend (Bonus Shares) totaling @12% for the year ended 31st December 2016 from the net profit of Tk. 107.21 million. 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 Central Insurance Company Limited:
- Annual Report 2010 of Central Insurance Company Limited
- Annual Report 2011 of Central Insurance Company Limited
- Annual Report 2012 of Central Insurance Company Limited
- Annual Report 2013 of Central Insurance Company Limited
- Annual Report 2014 of Central Insurance Company Limited
- Annual Report 2015 of Central Insurance Company Limited
- Annual Report 2016 of Central Insurance Company Limited
