Company Profile

Central Insurance PLC. was established in 1987. Central Insurance PLC is one of Bangladesh's leading non-life insurance companies with specialized and significant expertise in both traditional and nontraditional insurance businesses ethically. In addition, it has its dynamic leadership in management.

Central Insurance PLC has an authorized capital of Tk 1,000 million, of which Tk 531.45 million has been fully subscribed and paid-up by its shareholders.

Considering CIC’s sound financial performance, high solvency margin, excellent liquidity, prudent underwriting, diversified ownership model, very high claim paying capability, strong protection factors, the Company has been awarded ‘AAA’ Credit Rating by National Credit Ratings Limited, one of the accredited Credit Rating Agencies of Bangladesh.

CICL’s products include Fire, Marine Cargo, Marine Hull, Engineering, Overseas Mediclaim & Holiday, Motor, Various Liability, Aviation Hull & Liability and Miscellaneous Insurances.

Central deems claims settlement to be the most excellent way to achieve customer satisfaction, resulting in increased business acquisition. To ensure swiftness in settling claims, Central has used information technology, skilled surveyors and qualified loss adjusters.

Central Insurance always works hard for all clients to deliver innovative products and services while maintaining a commitment to safety, security and sustainability.

LEGAL INFORMATION

12th November, 1987

Date of
Incorporation

30th November, 1987

Registered with
IDRA

10th December, 1987

Commencement of
Business

C-16854(840)/87

Registration
Number

20th March, 1995

Date of Listing in DSE

22nd October, 1995

Date of Listing in CSE

Share Capital

  • Paid-up Capital
    53,14, 48,230
    BDT

  • Authorized Capital
    100 Crore
    BDT

  • No. of
    Shareholders
    4353

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