It is a broadly described annual report of Meghna Life Insurance Limited in the year of 2013. In 2013, premium income of the Company stands at Tk. 425.31 Crore. Since inception total premium income stood at Tk. 2749.73 Crore. Life fund increased to Taka 1208.46 Crore as on 31st December 2013. Meghna Life so far paid Tk. 53.60 Crore as death claims, Tk. 330.24 Crore as Survival Benefit, and Tk.155.57 Crore as Maturity claims and Tk. 74.48 Crore as Bonus to the policyholders. Total asset of the Company stands at Tk. 1348.83 Crore. During the year, the total premium income of the company has increased to Tk. 425.31 Crore from Tk. 400.41 Crore in 2012 showing an increase of 6.21% over the previous year. Investment income is increased from Tk. 76.82 Crore in 2012 to Tk. 96.73 Crore in 2013 showing an increase of 25.91% over the previous year.
The Board of Directors in a meeting held on June 19, 2014, recommended for the declaration of total @30% in form of Stock dividend @10% and cash dividend @20% to the Shareholders 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.
More Annual Report of Meghna Life Insurance Limited:
- Annual Report 2011 of Meghna Life Insurance Limited
- Annual Report 2012 of Meghna Life Insurance Limited
- Annual Report 2013 of Meghna Life Insurance Limited
- Annual Report 2014 of Meghna Life Insurance Limited
- Annual Report 2015 of Meghna Life Insurance Limited
- Annual Report 2016 of Meghna Life Insurance Limited