Express Insurance Ltd.
DDSE:EIL31.40
BDT
+0.20
(+0.64%)
Express Insurance Ltd.
DSE:EIL
(Dhaka Stock Exchange)
Recent
price
31.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Express Insurance Limited is a Bangladesh-based non-life insurance company that provides a comprehensive range of conventional general insurance and Islamic insurance (Takaful) underwriting services to corporate, industrial, commercial, and retail clients. Founded in 2000 and headquartered in Dhaka, Bangladesh, the company operates across the country through an extensive branch network located in major commercial and industrial hubs. The company offers a structured portfolio of non-life insurance solutions across multiple business segments: Fire Insurance, including standard fire policies, industrial all risks (IAR) coverage, commercial package policies, property damage protection, and business interruption or consequential loss insurance; Marine Insurance, encompassing marine cargo insurance for shipments across sea, air, rail, and road networks, marine hull and machinery insurance, and specialized transit covers; Motor Insurance, comprising comprehensive vehicle insurance, own-damage coverage, third-party legal liability insurance, and passenger accident cover for private motor vehicles, commercial fleets, and motorcycles; Engineering Insurance, covering contractor all risks (CAR), erection all risks (EAR), machinery breakdown insurance, electronic equipment insurance (EEI), boiler and pressure vessel insurance, and deterioration of stock; and Miscellaneous and Casualty Insurance, offering personal accident policies, group hospitalization and medical schemes, workmen compensation, burglary and housebreaking coverage, cash-in-transit, cash-in-safe, fidelity guarantee, public liability, product liability, professional indemnity, and overseas mediclaim insurance. Express Insurance Limited also maintains an Islami Takaful wing providing Shariah-compliant general insurance alternatives across its core product lines. In recent developments, Express Insurance Limited has engaged in strategic business modernization and distribution expansion initiatives. The company has integrated digital underwriting and policy management systems to streamline electronic policy issuance, digital premium collections, and automated claims tracking. Following the introduction of regulatory bancassurance frameworks by the Insurance Development and Regulatory Authority (IDRA) and Bangladesh Bank, the company has aligned operations to distribute non-life insurance products through commercial banking partnerships. Express Insurance Limited has also restructured its nationwide branch network to enhance customer access in emerging trade corridors, reinforced its domestic and international reinsurance treaty arrangements, and upgraded enterprise risk assessment protocols to support solvency capital compliance and sustainable premium growth.