Annual Report 2012 of Pioneer Insurance Company Limited

It is a broadly described annual report of Pioneer Insurance Company Limited in the year of 2012. During the financial year, The Company has underwritten a gross premium Tk. 1,701.27 million and showed a growth of 6.42% over the corresponding last year. The net premium retention was 46.58% amounting to Tk. 792.48 million of total gross premium underwritten as compared to the net premium retention of 44 94% amounting to Tk. 718.51 million in the previous year. The company earned a net profit before tax Tk. 277.17 million in 2012 as against Tk. 204.52 million in 2011, which is 35.52% Increase over the last year.

The Board of Directors of Pioneer Insurance Company Limited has recommended @10% cash & @20% stock dividend to the shareholders of the company for the year ended 31st December 2012. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.

More Annual Report of Pioneer Insurance Company Limited:

  1. Annual Report 2012 of Pioneer Insurance Company Limited
  2. Annual Report 2013 of Pioneer Insurance Company Limited
  3. Annual Report 2014 of Pioneer Insurance Company Limited
  4. Annual Report 2015 of Pioneer Insurance Company Limited
  5. Annual Report 2016 of Pioneer Insurance Company Limited