Top 10 insurance companies in Bangladesh 2022 review
Bangladesh was once a poor country but now it is a prosperous country which is still growing. I
believe, over time, it will become a developed country. Life insurance companies provide small
business capital security in both developed and developing countries. A reputable and well-known
insurance company boosts people's confidence in their business entrepreneurship and ability to
follow new ideas.(Bima companies 2022)
Top 10 insurance companies in Bangladesh 2022
1. American Life Insurance Company (ALICO)
2. Jiban Bima Corporation
3. Delta Life Insurance Co Ltd
4. Popular Life Insurance Co ltd
5. Shandhani Life Insurance Co Ltd
6. Shandhani Life Insurance Co Ltd
7. Takaful Islami Insurance Ltd
8. Pragati Insurance Co Ltd
9. Padma Life Insurance Co Ltd
10. Sunlife Insurance Co Ltd
Top 10 insurance companies in Bangladesh 2022 are listed below-
American Life Insurance Company (ALICO)
This is one of the oldest insurance companies in Bangladesh. It has risen to the top 10 Insurance companies in
Bangladesh's ranks by meeting the wants and aspirations of Bangladeshis. ALICO is a life and health insurance company that only does business outside of the US. ALICO is a global company with operations in more than 50 countries, with Japan being its largest single market. ALICO sells life insurance and annuities
to individuals and groups, as well as accident and health insurance and pensions.
Top 10 insurance companies in Bangladesh 2021-Click here
Jiban Bima Corporation
Jiban Bima Corporation (JBC) was founded on May 14, 1973, under the Insurance Corporation Act 1973, with a Tk 200 million authorized capital divided into 2 million ordinary shares of Tk 100 each. The government has completely subscribed to the corporation’s paid-up capital of Tk 50 million. Under the provisions of the Insurance Act 1938, Insurance Rules 1958, Insurance Corporation’s Rules 1977, and associated other laws enforceable in Bangladesh, the corporation is involved in the life insurance business.(Bima companies 2022)
Delta Life Insurance Co Ltd
Delta Life celebrated its 30 years of successful of operation in 2016. Before that, in 2013, It was
celebrated 25 years of operation of GN-GRB, the micro insurance introduced by Delta Life in the country
for the first time. Delta Life offers diverse ordinary life insurance schemes in accordance with the need of
dissimilar people. Our insurance policies have more flexibility in terms of coverage, term, payment mode,
supplementary policies, allowing the policyholder to choose the coverage they want.
Delta Life Insurance Co Ltd
Ordinary life insurance, micro insurance, group life insurance, and health insurance are among the services offered by Delta Life Insurance Co Ltd. Individual life insurance for urban and suburban residents and micro insurance under the name Gono-Grameen Bima (GN-GRB) for low-income individuals make up the company’s Life Insurance business.-Click here
Popular Life Insurance Co ltd
Popular Life Insurance Company Limited is a life insurance company. The company’s main lines of business are regular life insurance and non-traditional micro insurance. Installment payment plans, money-back term assurance, child protection plans, Assurance cum Pension and Medical Benefit plan, Single Payment Endowment Assurance, Mohorana Bima Plan, and Hajj Bima are just a few of the choices. It also provides a number of microinsurance products and services (Khudro Bima). It has a number of products, including a deposit pension system and a small savings scheme. The company’s programs include the Islami Dependent’s Protection Scheme (DPS) Akok Bima, Islami Deposit Pension, and Small Savings Term Deposit Scheme. Al-Amin Bima, Janapriya Bima, and Janapriya Ekok Bima are among the projects it insures. Click here
Shandhani Life Insurance Co Ltd
Shandhani Life Insurance Co., Ltd. is a company that provides life insurance. The company was created on January 23, 1990, in Dhaka, Bangladesh, and is headquartered there. It provides microinsurance, regular life insurance for the general public, group insurance for businesses, education insurance, and Hajj insurance.
Takaful Islami Insurance Ltd
In 2001, Takaful Islami Insurance Limited was founded. The company was funded with 60 million taka by a group of businessmen who had previously created an Islami Bank in the private sector. Shipping magnets, doctors, engineers, bankers, top garment exporters, and importers were among the sponsors.
Pragati Insurance Co Ltd
PRAGATI INSURANCE LIMITED (PIL) was established in 1986 by a group of young Bangladeshi businessmen who had previously established a private sector commercial bank. It is one of the largest private non-life insurance businesses in Bangladesh. The company offers a wide range of general insurance products and services in the areas of motor, marine, energy, property and casualty, health, accident, and liability. Among the sponsors were shipping magnates, engineers, road builders, and leading clothing industry executives.
Padma Life Insurance Co Ltd
Padma Islami Life Insurance Limited is a life insurance company based in Bangladesh. There are Ekok Bima, Khudra Bima, and group insurance packages to choose from. The company was previously known as Padma Life Insurance Co. Ltd. until September 2010, when it was renamed Padma Islami Life Insurance Limited. Padma Islami Life Insurance Limited was established in the year 2000 in Dhaka, Bangladesh.(Bima companies 2022)
Sunlife Insurance Co Ltd
On March 1, 2000, Sunlife Insurance Company Limited was founded. It is situated in the city of Dhaka. Ekok Bima, Islamic Ekok Bima (Takaful, Ganamukhi Bima (Micro Insurance, Islamic Asaan Bima, Lokomukhi Bima (Micro Insurance, Islamic DPS Bima (Micro Insurance, Urban Bima, Ettehad Bima, SDPS Bima, Adarsha Bima, etc.) are among the company’s main commercial activities.(Bima companies 2022)
The top 10 life insurance companies in Bangladesh are shown up. Please ask any queries you may have in the comments section. And you'll visit the office for more information, which we provide below in the form of an online or manual location for each insurance company. Share this article on social media and your relative.
