Annual Report 2012 of Progressive Life Insurance Company Limited

It is a broadly described annual report of Progressive Life Insurance Company Limited in the year of 2012. Based on the business performance the gross premium of Progressive Life in 2012 is Tk.162.42 crore which was Tk. 158.08 crore in 2011 and the Life Fund is Tk. 364.80 crore in 2012 which was Tk. 284.10 crore in 2011. The highest price of the share is Tk. 10/- was Tk. 136/- and the lowest price was Tk. 102.40/- during this year.

The Board of Directors of Progressive Life Insurance Company Ltd. has recommended paying Stock Dividend @18% for the accounting year ending on 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.