Rupali Life Insurance PLC
DDSE:RUPALILIFE77.50
BDT
+0.70
(+0.91%)
ISIN
BD0741RULIC2
Return %
Stock
S&P 500
1Y
-20.43
14.20
3Y
-29.61
81.12
5Y
12.48
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mohammed Golam Kibria
- Full Time Employees
- 543
- Sector
- Finance
- Industry
- Life/Health insurance
- Address
- Dhaka Bangladesh
- IPO Date
- May 3, 2009
- Website
- rupalilife.com
- Similar Companies
- Business
- Rupali Life Insurance PLC provides life insurance, microinsurance, and financial protection products and services to individual, rural, and corporate clients in Bangladesh. The company operates across several key business lines, including Individual Life Insurance, Islami Life Insurance (Takaful), Microinsurance, and Group Insurance. Its product and service portfolio comprises individual life assurance plans such as endowment assurance with profits, anticipated endowment assurance (offering two-payment, three-payment, four-payment, and five-payment structures), child protection endowment schemes, education expense assurance, assurance-cum-pension plans, mortgage protection, and term life assurance; Islami Takaful solutions operating in compliance with Shariah principles, including Takaful DPS Bima, Al-Amanat Bima, Mohorana Bima, Hajj Bima, and Shariah DPS Bima; microinsurance products targeted at low-income and rural populations, such as Ekok Bima, Samajik Bima, Rupali DPS Bima, Rupali Khudra Bima, and Sanchay Bima; group life insurance schemes covering group term life, accidental death, total and permanent disability, critical illness, and employee medical and hospitalization coverage for corporate entities, non-governmental organizations, and cooperative societies; and supplementary policy riders, including accidental death benefit (ADB) and permanent total disability (PTD) riders. The company distributes its products through a nationwide network of zonal offices, branch locations, service centers, and direct agency forces across Bangladesh. In recent developments, Rupali Life Insurance PLC has advanced its institutional partnerships and digital integration initiatives to improve operational efficiency and expand payment channel accessibility. The company entered into a strategic corporate payroll and digital banking agreement with Prime Bank PLC, utilizing the PrimePay digital platform to automate corporate payments and provide tailored banking and credit solutions to its workforce. Furthermore, the company established a collaborative memorandum of understanding with Southeast Bank PLC to enhance its institutional banking services, alongside ongoing efforts to expand digital premium collection channels through partnerships with mobile financial service platforms and agent banking networks throughout the country. Rupali Life Insurance PLC was incorporated in 1999 and is headquartered in Dhaka, Bangladesh.