Delta Life Insurance Company Ltd.
DDSE:DELTALIFE68.90
BDT
+0.30
(+0.44%)
ISIN
BD0716DELI01
Return %
Stock
S&P 500
1Y
-7.89
14.20
3Y
-50.29
81.12
5Y
-67.67
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- CEO
- Uttam Kumar Sadhu
- Sector
- Finance
- Industry
- Life/Health insurance
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 19, 1995
- Website
- deltalife.org
- Similar Companies
- Business
- Delta Life Insurance Company Limited is a Bangladesh-based financial services company primarily engaged in underwriting and distributing life insurance, microinsurance, and health coverage solutions. Founded in 1986 and headquartered in Dhaka, Bangladesh, the company operates nationwide through an extensive network of over 1,000 branch and project offices, serving individual, rural, low-income, and institutional corporate clients. Delta Life Insurance Company Limited structures its operations across primary business segments comprising Ordinary Life, Microinsurance (Gono-Grameen Bima), Group Life and Health, and Financial Services. Its comprehensive product and service portfolio includes standard endowment assurance plans; multi-stage and anticipated endowment policies; child protection and education endowment schemes; marriage endowment savings plans; single-premium and term life insurance; pension and retirement annuities; group term life, accidental death, and permanent disability coverage; corporate group hospitalization, surgical, and medical insurance under the Delta Care brand; overseas mediclaim policies; rural and urban micro-endowment schemes tailored for low-income demographics; and equity brokerage and investment services conducted through its subsidiary, DLIC Securities Limited. In recent developments, Delta Life Insurance Company Limited has significantly expanded its distribution capabilities by scaling up its bancassurance operations, securing strategic distribution partnerships with major financial institutions including City Bank PLC and Pubali Bank PLC to market life and protection products through commercial banking channels. The company has also expanded its corporate client portfolio through new group life and health insurance underwriting agreements with entities such as Bangladesh Sangbad Sangstha and ESAB Bangladesh Private Limited. Following the formal reinstatement of its board of directors in coordination with the Insurance Development and Regulatory Authority, the company has focused on strengthening corporate governance, modernizing its digital policy administration infrastructure, and sustaining regular shareholder capital returns through annual cash dividend distributions.