Bangladesh General Insurance Company PLC
DDSE:BGIC38.20
BDT
+0.10
(+0.26%)
ISIN
BD0701BGIC09
Return %
Stock
S&P 500
1Y
8.22
14.20
3Y
-34.14
81.12
5Y
-35.47
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ahmed Saifuddin Chowdhury
- Full Time Employees
- 534
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Dhaka Bangladesh
- Website
- bgicinsure.com
- Similar Companies
- Business
- Bangladesh General Insurance Company PLC is a Bangladesh-based non-life insurance company that engages in underwriting and providing a comprehensive range of general insurance products and financial risk solutions. Established in 1985 as the nation's first private sector general insurance enterprise, the company is headquartered in Dhaka, Bangladesh, and operates across an extensive nationwide network of branch offices serving commercial enterprises, industrial conglomerates, financial institutions, small and medium-sized enterprises, and retail clients. The company's core operations are structured around several primary underwriting divisions: Fire Insurance, providing coverage against standard fire and lightning, allied perils, industrial all risks, business interruption, and consequential loss; Marine Insurance, offering marine cargo coverage for maritime import and export, inland transit insurance, and marine hull protection; Motor Insurance, delivering comprehensive motor vehicle coverage, third-party liability insurance, and personal accident protections for private, commercial, and fleet vehicles; Engineering Insurance, encompassing contractors' all risks, erection all risks, machinery breakdown insurance, boiler and pressure plant explosion insurance, and electronic equipment coverage; and Miscellaneous and Liability Insurance, providing cash-in-safe and cash-in-transit protections, burglary and housebreaking insurance, fidelity guarantee, workmen's compensation, public and product liability, professional indemnity, personal accident, health, and overseas travel insurance. In recent operational developments, Bangladesh General Insurance Company PLC has formally adopted the PLC corporate designation and advanced strategic expansion through bancassurance partnerships with leading commercial banks following regulatory approval from the Insurance Development and Regulatory Authority and Bangladesh Bank. The company has simultaneously accelerated its digital transformation initiatives by deploying centralized enterprise resource planning software, automated online policy issuance and premium collection platforms, and streamlined digital claims processing systems to improve operational efficiency and underwriting governance.