Republic Insurance PLC
DDSE:REPUBLIC35.30
BDT
+0.30
(+0.86%)
ISIN
BD0739REPIC1
Return %
Stock
S&P 500
1Y
12.42
14.20
3Y
-29.93
81.12
5Y
-25.01
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- AKM Sarwar Jahan Zamil
- Full Time Employees
- 957
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Dhaka Bangladesh
- IPO Date
- Oct 26, 2008
- Website
- riplcbd.com
- Similar Companies
- Business
- Republic Insurance PLC is a Bangladesh-based non-life insurance company that underwrites and provides a comprehensive portfolio of general insurance, risk management, and indemnity solutions to corporate, commercial, industrial, and individual clients. The company conducts its underwriting operations across several core business segments, offering specialized risk protection products: Fire and Property Insurance, including standard fire and allied perils, Industrial All Risk (IAR), Hotel Owners All Risk, burglary and housebreaking, and business interruption coverages; Marine and Aviation Insurance, including marine cargo for import, export, and inland transit, marine hull, and aviation hull and liability policies; Engineering Insurance, including Contractor's All Risks (CAR), Erection All Risks (EAR), machinery breakdown, boiler and pressure vessel, electronic equipment, and deterioration of stock coverages; Motor Insurance, including comprehensive own-damage and third-party liability coverage for commercial fleets, private vehicles, passenger transports, and motorcycles; and Miscellaneous and Casualty Insurance, including workmen's compensation, public liability, employers' liability, personal accident, group hospitalization, money-in-transit, money-in-safe, fidelity guarantee, overseas mediclaim, and specialized power plant operational package insurance. Founded on May 18, 2000, the company is headquartered in Kakrail, Dhaka, Bangladesh, and delivers underwriting services nationwide through an extensive branch network covering major commercial hubs across Dhaka, Chattogram, Sylhet, Khulna, and Rajshahi divisions under the regulatory supervision of the Insurance Development and Regulatory Authority (IDRA). The company is publicly listed on both the Dhaka Stock Exchange (DSE: REPUBLIC) and the Chittagong Stock Exchange (CSE: REPUBLIC). In recent major developments, the company formally updated its corporate identity from Republic Insurance Company Limited to Republic Insurance PLC to comply with modern statutory governance frameworks for publicly traded entities. Additionally, the company reinforced its institutional capital base through significant secondary-market equity investments, including the acquisition of 1.1 million shares by HR Lines Limited, while securing an affirmed long-term credit rating of AA+ and a short-term rating of ST-1 with a stable outlook from Alpha Credit Rating PLC based on underwriting performance and solvency margins. Republic Insurance PLC has also advanced its operational infrastructure through digital transformation initiatives, deploying centralized enterprise systems for computerized policy issuance, digital premium collections, and automated claims management across its regional branch network.