It is a broadly described annual report of Continental Insurance Limited in the year of 2013. During the financial year, the gross premium income of the Company was Tk. 60.04 Crore which was Tk. 45.57 Crore in the year 2012. The premium income increased by 31.75% compared to that of the previous year. The net premium income for the year under review was Tk. 28.77 Crore which was Tk. 23.34 Crore in the previous year. Increase in the rate of the net premium was 23.27% to that of the previous year. Total assets in the year 2013 stood at Tk. 93.17 Crore from Tk. 74.60 Crore in 2012.
The Board of Directors recommended cash dividend @ 10% to the shareholders and one incentive bonus equal to one month’s basic pay for the employees of the Company for the year 2013. 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.
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