It is a broadly described annual report of Federal Insurance Company Limited in the year of 2015. During the year under audit, through operation of all the branches, the gross net premium earned by the Company amounted to Taka. 480,689,735 million including public sector business of Taka. 37,884,128 million. The share is listed in the Dhaka and Chittagong Stock Exchanges and quoted at Tk. 10.50 (in 2014 Tk. 16.80) per share and Tk. 10.40 (in 2014 Tk. 16.90) per share in the Dhaka and Chittagong Stock Exchange respectively on 30 December 2015.
The board of directors except for recommendation of @5% stock dividend for the public shareholder in the 147th meeting of the board of directors of Company held on 27th April 2016 subject to approval at the Annual General Meeting. 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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