Central Insurance PLC
DDSE:CENTRALINS42.80
BDT
+0.30
(+0.71%)
ISIN
BD0709CIC008
Return %
Stock
S&P 500
1Y
8.91
14.20
3Y
9.18
81.12
5Y
-18.16
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
•
in mil. unless spec.Company Description
- CEO
- Khosru Dostagir Alam
- Full Time Employees
- 360
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Dhaka Bangladesh
- Website
- cicl-bd.com
- Similar Companies
- Business
- Central Insurance PLC is a Bangladesh-based non-life insurance company that provides a comprehensive range of general insurance and Islamic Takaful underwriting products and risk management services to corporate, commercial, and retail clients. The company operates through specialized underwriting segments, offering solutions that include fire insurance, covering standard fire, allied perils, riot and strike damage, malicious damage, flood, earthquake, explosion, and business interruption; marine insurance, comprising marine cargo protection for transit by sea, air, rail, and road, alongside marine hull and machinery liability coverage; motor insurance, providing comprehensive and third-party liability coverage for commercial transport fleets, private passenger vehicles, and motorcycles; engineering insurance, including contractors all risks, erection all risks, machinery breakdown, electronic equipment, and boiler and pressure vessel protection; and miscellaneous casualty insurance, encompassing cash-in-safe, cash-in-transit, cash-on-counter, fidelity guarantee, workmen's compensation, public liability, product liability, personal accident, group health, and overseas mediclaim policies. The company also operates a dedicated Islami Takaful window providing non-life insurance products under Shariah principles. Founded in 1987 and headquartered in Dhaka, Bangladesh, the company distributes its offerings nationwide across major commercial and industrial hubs through an extensive branch network. In recent operational developments, the company completed its corporate reorganization and name transition to Central Insurance PLC in accordance with updated statutory guidelines and entered into strategic bancassurance partnerships with scheduled commercial banks following the regulatory rollout of bancassurance frameworks in Bangladesh. Additionally, the company has expanded its digital infrastructure through the deployment of centralized enterprise insurance software, electronic premium payment gateways, and modernized digital claims management systems to enhance underwriting efficiency and client service delivery.