Global Insurance PLC
DDSE:GLOBALINS39.50
BDT
-0.20
(-0.50%)
Global Insurance PLC
DSE:GLOBALINS
(Dhaka Stock Exchange)
Recent
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39.50
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yld
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ROIC.AI
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- Business
- Global Insurance PLC is a Bangladesh-based non-life general insurance company that provides a comprehensive range of property, casualty, and commercial insurance solutions to corporate, institutional, and individual clients. The company operates through four primary underwriting divisions: Fire Insurance, Marine Insurance, Motor Insurance, and Miscellaneous & Engineering Insurance. Its product and service portfolio includes fire and allied perils insurance, industrial all risks (IAR) coverage, and business interruption insurance; marine cargo coverage for sea, air, rail, and road transit, along with marine hull insurance; comprehensive and third-party liability insurance for private, commercial, and passenger vehicles; engineering risks coverage comprising contractor's all risks (CAR), erection all risks (EAR), machinery breakdown, and boiler explosion insurance; and miscellaneous financial and casualty lines including cash-in-transit, cash-in-safe, fidelity guarantee, burglary and housebreaking, public liability, product liability, workmen's compensation, personal accident, group hospitalization, and overseas mediclaim travel insurance. In recent operational developments, the company formally updated its corporate designation from Global Insurance Limited to Global Insurance PLC pursuant to regulatory amendments under the Companies Act for publicly listed entities. The company has also advanced its digital modernization agenda by integrating core insurance management enterprise software to enable automated policy issuance, electronic premium collection, and streamlined claims processing workflows. In addition, Global Insurance PLC has been expanding its distribution reach across regional industrial centers in Bangladesh, participating in institutional underwriting consortiums for national infrastructure and industrial projects, and preparing distribution integration under Bangladesh's approved bancassurance regulatory frameworks. Founded in 2000, Global Insurance PLC is headquartered in Dhaka, Bangladesh.