It is a broadly described annual report of Sunlife Insurance Company Limited in the year of 2012. The total premium of Tk. 147.59 Crore was collected in 2012 compared to Tk. 155.14 Crore in 2011. Total Life Fund account has reached to Tk. 278.64 Crore compared to Tk. 239.30 Crore in 2011 which Is 16.44% higher than that of Previous Year. In 2012 investment position of the company has increased to Taka. 203.58 Crore compared to Taka. 169.85 Crore in 2011 which is 19.86% higher than the previous year.
The Board of Directors has proposed @5% stock dividend (Bonus Share) on the paid up capital of Tk. 30 Crore divided into 3 Crore Ordinary Share of Tk. 10 each as per audited financial statement for the year ended 31st December 2012 and recommendation of Actuary. 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 Director’s Report of Sunlife Insurance Company Limited: