- CEO
- Bayazid Muztaba Siddiqui
- Full Time Employees
- 272
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Dhaka Bangladesh
- IPO Date
- Dec 6, 2009
- Business
- Dhaka Insurance Limited is a Bangladesh-based non-life insurance company that underwrites and distributes a comprehensive range of general insurance products and risk management services. Founded in 2000 and headquartered in Dhaka, Bangladesh, the company provides coverage across several principal business segments, comprising Fire and Allied Perils Insurance, covering standard fire, lightning, flood, cyclone, earthquake, and industrial all-risk perils; Marine Insurance, encompassing marine cargo for import and export shipments, inland transit, and marine hull coverage; Motor Insurance, offering comprehensive and third-party liability policies for private vehicles, commercial fleets, and passenger carriers; Engineering Insurance, including contractors' all risks, erection all risks, machinery breakdown, boiler and pressure vessel explosion, and deterioration of stock; Health, Accident, and Travel Insurance, featuring overseas mediclaim, international travel protection, and individual and group personal accident policies; Liability Insurance, spanning public liability, product liability, workmen's compensation, and professional indemnity; and Miscellaneous General Insurance, providing protection against burglary, cash-in-safe, cash-in-transit, cash-on-counter, and fidelity guarantee risks. The company serves corporate entities, industrial conglomerates, commercial enterprises, and individual policyholders through a nationwide branch network situated across major economic centers in Bangladesh. In recent developments, Dhaka Insurance Limited has maintained an AA+ long-term credit rating and an ST-1 short-term rating from National Credit Rating Ltd., underpinned by consistent claims servicing capabilities and prudent capital adequacy. The company has also accelerated its digital operational initiatives, deploying online platforms to enhance policy servicing and shareholder engagements, while strategically refining its risk retention policies and reinsurance treaties to navigate evolving domestic regulatory standards and broader financial sector dynamics.