Prime Islami Insurance PLC
DDSE:PRIMEINSUR45.20
BDT
-0.30
(-0.66%)
ISIN
BD0719PICL06
Return %
Stock
S&P 500
1Y
39.08
14.20
3Y
-45.41
81.12
5Y
-11.72
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- CEO
- Abdul Hamid
- Full Time Employees
- 633
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 7, 2000
- Website
- prime-insurance.net
- Similar Companies
- Business
- Prime Islami Insurance PLC is a Bangladesh-based non-life insurance company that underwrites, issues, and administers a comprehensive range of general insurance and Islamic takaful products for corporate, commercial, industrial, and retail clients. The company offers a wide array of risk protection solutions categorized into: fire insurance, including coverage for fire and allied perils, industrial all risks, property damage, and consequential business interruption; marine insurance, comprising marine cargo for import, export, and inland transit, as well as marine hull and machinery insurance; motor insurance, providing comprehensive coverage, own-damage protection, and third-party liability insurance for private and commercial vehicles; engineering insurance, featuring contractors all risks, erection all risks, machinery breakdown, boiler and pressure vessel protection, electronic equipment coverage, and power plant insurance; miscellaneous and financial liability insurance, including bankers blanket bonds, cash-in-transit, cash-in-safe, automated teller machine protection, credit card fraud and forgery, fidelity guarantee, burglary and housebreaking, public and product liability, directors and officers liability, employer liability, professional indemnity, shipbuilder liability, and hotel owners all-risk policies; and personal lines and healthcare plans, encompassing group health schemes, dread disease coverage, overseas mediclaim, individual and group personal accident insurance, and specialized Hajj and Umrah travel coverage. In early 2026, the company completed a major strategic transformation and corporate reorganization, transitioning its operating model to Islamic non-life takaful and officially changing its corporate name from Prime Insurance Company Limited to Prime Islami Insurance PLC after securing formal regulatory clearances and a new registration certificate from the Insurance Development and Regulatory Authority (IDRA) and the Registrar of Joint Stock Companies and Firms (RJSC) of Bangladesh. Founded in 1996 and headquartered in Dhaka, Bangladesh, Prime Islami Insurance PLC is listed on the Dhaka Stock Exchange under the ticker symbol PRIMEINSUR and serves policyholders nationwide through a branch network of approximately 40 offices across Bangladesh.