It is a broadly described annual report of Continental Insurance Limited in the year of 2016. During the financial year, the gross premium income of the Company was Tk. 53.26 Crore which was Tk. 56.99 Crore in the year 2015. The premium income 93.45% compared to that of the previous year. The net premium income for the year under review was Tk. 24.16 Crore which was Tk. 27.39 Crore in the previous year 2015. Total assets in the year 2016 stood at Tk. 102.32 Crore from Tk. 98.67 Crore in 2015.
The Board of Directors recommended cash dividend @5% & Stock @5% to the shareholders and one incentive bonus equal to one month’s basic pay for the employees of the Company for the year 2016. 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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