Insurance in Bangladesh

Delta Life Insurance Company Limited

December 17, 1986. The journey of Delta Life Insurance Company began. Since then, it is only a forward march. The company emerged under the prudent leadership of its founder Chairman and Managing Director Late Shafat Ahmed Chowdhuri, Actuary, as the government permitted the operation of insurance business in private sector in the mid-1980s. The avowed mission of the company was to bring the advantages of insurance to the home of the masses and to establish it as a safe and lucrative means of investment. In line with the above, Delta Life started its activities and has been able to obtain trust and confidence of hundreds and thousands of people. Delta Life extended its operation through a combination of traditional and innovative life policies. Apart from Ordinary Life, Group and Health Insurance, Gono Grameen Bima is an immensely popular scheme among rural folk. This is to be noted that Delta Life introduced micro insurance scheme for the first time in Bangladesh; while its operation has set an example of its kind. Gono Grameen Bima is highly admired both at home and abroad and has opened a new vista in the realm of life insurance. Also, it has played a crucial role in popularizing insurance in Bangladesh. Delta Life provides different types of insurance services through its array of products catering to the need of people belonging to different strata of the society. Our services provide traditional insurance coverage along with savings: Ordinary Life, Gono-Grameen Bima, Group & Health Insurance. Delta Life is conducting its operation through plus offices across the country; while around field forces are taking the service at the door step of the mass people.

10001+ staff

Pragati Life Insurance Limited

Pragati Life Insurance Limited was established on January 30, as a public limited company under the Companies Act, 1994 with the philosophy of maintaining competitiveness, balanced with prudent management and fairness to all policyholders. The company obtained registration from the Department of Insurance on April 11, under the Insurance Act, 1938 to carry out insurance business. The Company started with a paid up capital of Tk.30 million against an authorized capital of Tk. 250 million. Now the present paid up capital stands to Tk. 84 milion. Pragati Life has been sponsored by some renowned business entrepreneurs of the country linked with different industrial groups. went for public issue in 2005 and are listed in both Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited. Pragati Life was established with the vision of participating effectively in the process of providing financial security to the clients as well as to facilitate creation of long term capital in the market. Pragati Life, in the process of materializing its vision, has been developing new customer oriented and innovative products developed by its own Actuarial Department. Within a short span of time, the Company has created a franchise value in the market by expanding its business network with a diversied product line throughout the country. Pragati Life has re-insurance agreement with world's largest reinsurer-Munich Reinsurance Company, Germany since its inception. Pragati Life is also the rst insurance company in Bangladesh providing status of policies through Push-Pull (SMS) service for its policyholders. Policyholders of the company can also know their policy details from its website.

10001+ staff

Guardian Life Insurance Limited

Guardian Life Insurance Limited started its business activities from 1st January 2014 and has already achieved good reputation in the insurance industry and is looking to grow further in the coming years. The paid up capital of the company is 33.67 Crore and authorized capital is set at 200 Crore. Guardian Life Insurance Limited is striving to ensure trust in the hearts of our stakeholders through good governance. Guardian Life Insurance Limited has started its journey with the promise of helping build a better and more secured future for our valuable customers by providing them with world class insurance products and excellent customer service. The company utilizes a dynamic and caring knowledge-driven workforce coupled with the latest in technology in order to exceed the valued customers’ expectations. Innovation, proper risk management and prudent investment mechanisms are our tools in ensuring maximum financial benefits for our customers.

51 to 200 staff

Chartered Life Insurance

Chartered Life Insurance Company Ltd is a life insurance Company in Bangladesh licensed by Insurance Development & Regulatory Authority (IDRA). Chartered Life is sponsored by top business magnets from Bank, Insurance, Telecom, Power, Real Estate, Tourism, Print-Electronic Media, Health & Education, Infrastructure, Chemical, Ready Made Garments, Textile industries of Bangladesh. Chartered Life has commenced its business with a vision to insure and secure life of maximum people of the country. It has started its journey with a commitment to reach people of all classes with global standard services ensuring their life financially secured. Chartered Life has been presenting innovative products and services and engaged in development of insurance industry.

1001 to 5000 staff

Alpha Islami Life Insurance Limited

Introduce shariah based life insurance in Bangladesh and foster reeba-free moamalat by upholding the concepts of A’dal & Ehsan in every deal and contribute to the GDP by creating employment for the future generation through quality services.

10001+ staff

Express Insurance Limited

We have great pleasure in introducing ourselves as one of the well-managed general insurance companies in the country’s private sector. We would like to inform you that Express Insurance Limited has been established with an Authorized Capital of Tk. 75.00 Crore and having been incorporated as a public limited company under the Companies Act, 1994, it has joined the fraternity of insurance in Bangladesh to transact all classes of general insurance business i.e. Fire, Marine Cargo, Marine Hull, Motor, Engineering, Miscellaneous, Burglary, Cash in Safe, Cash in Transit, Cash on Counter, Fidelity Guaranty, Workmen’s Compensation etc. since May 18, Our branches have been operating in all commercially important areas of the Country including Dhaka and Chittagong Zone. The Sponsor-Directors of the Company are well-known Industrialists and Businessmen of the country who have established this organization with a view to serve the insured Community. Our motto is to provide adequate security to wealth and properties of our valued clients and provide efficient services to them in all related matters. The Company is being run by experienced professional who are well qualified to deal with general insurance business to the satisfaction of our valued clients, having ensured prompt and personalized services. We have a Reinsurance Agreement with the Shadharan Bima Corporation with favorable terms and conditions including facultative arrangement. Hence, we are capable enough to accept the risk and underwrite general insurance business for any amount which shall be either protected automatically or will be covered under the Facultative Reinsurance arrangement and we are also doing co-insurance business with Shadharan Bima Corporation. We would like to inform you the specialties of our Company as follows: § Maximum Insurance Coverage at a minimum premium; § Prompt settlement of Claim, in any; § Personalized services to our Clients;

501 to 1000 staff

Nrb Islamic Life Insurance Ltd

NRB Islamic Life Insurance Ltd. is emerging as one of the leading full-fledged Islami Life Insurance Companies in the country in order to bring confidence among the common people of the country. We are aiming to be the premier Islami Life Insurance company in Bangladesh within the next few years.

51 to 200 staff

Akij Takaful Life Insurance Plc

Akij Takaful Life Insurance PLC was established in 2021 in order to meet the constantly growing demand for life insurance in Bangladesh. We provide a complete basket of plans from Endowment to Money Back plans to cover our valued customers. Our key objective is to provide a simplified claim procedure and also to make our customers experience the unparalleled unique customer service.

201 to 500 staff

Protective Islami Life Insurance Limited

Company Profile: Protective Islami Life Insurance Limited is completely different in the life insurance arena and governed by Islamic Sariah. Which is managed by well known businessman and industrialist of the country. The managing director of this company is Mr. Mohd. Golam Rabbani who is very much experience in the insurance profession through in the country. Insurance benefits to the public brought quickly through the efficient management, leaving the focus of the company's service center or sells computerized online service in order to insure customer service employee / customer can quickly and easily find information and services. Sariah Advisory Board agreed with the company in respect of all insurance activities Sariah are managed. Approve & Control by Bangladesh Government: Registration Office No:C-110619/2013 Registration No: CR-09/2013

501 to 1000 staff

Reliance Insurance Plc

A leading First Generation Private Sector General Insurance Company in Bangladesh. Established in 1988. Reliance Insurance underwrites risks from a wide array of personal, commercial and industrial clients across the country. Its clientele effectively tells about its reliability. The conglomerates in Bangladesh range from multinational companies to local corporate have made Reliance as their trusted insurance provider. Gross Premium of Reliance in 2023 was BDT 3.90 billion.

201 to 500 staff

Central Insurance Company Ltd

The First Generation Non Life Insurance Company

201 to 500 staff

National Life Insurance Company Ltd

One of the largest life insurance company in Bangladesh

5001 to 10000 staff

Jamuna Life Insurance Company Ltd

Jamuna Life Insurance Company was incorporated in March 06 2014. It is situated in Ideal Trade Centre (Level-8), 102 Shahid Tajuddin Ahmed Sarani, Tejgaon, Dhaka-1208.

11 to 50 staff

Jiban Bima Corporation

Jiban Bima Corporation is an insurance company based out of Dhaka, Dhaka Division, Bangladesh.

11 to 50 staff

Trust Islami Life Insurance Limited

Life insurance is also recognized as a part of development main stream like banking sector in Bangladesh. It is directly contributes to the society by reducing unemployment and keeping economic flow. In the year 2013, the Government of Bangladesh approved few more Life Insurance companies to operate their business considering the further development of the Country. Bangladesh is a high density Muslim populated country. Most the people of the country are eager to survive through interest free income. Keeping focus on it, the Company registered with Joint Stock Company, organized and incorporated as TRUST Islami Life Insurance Limited which will be running by the Sariah law And formed a Sariah Council which consists of country famous Islamic thinker and scholars. TRUST Islami Life Insurance Limited established mainly through the initiative of a few enthusiastic entrepreneurs of the Country with the vision of collective effort to bring the Bangladeshi citizens in different professions under the Life Insurance coverage. Even more, the Bangladeshi wage earners are also included in the main stream products and insurance coverage called Manpower Insurance. Countrys prominent businessman and social worker Mr. Mohd. Ataur Rahman Bhuiyan is the current Chairman of the Board of the Directors of the Company.

10001+ staff

Golden Life Insurance Ltd

Golden Life Insurance Limited (GLIL) was incorporated as a Public Limited company (PLC) on 26th December and its business operation started in the same year. Its Head Office is located at Ambon complex (3rd Floor) 99, Mohakhali, C/A Dhaka-1212. GLIL has Zonal Offices at Dhaka, Comilla, Chittagong, Khulna and Barisal. The Company has 250 branch offices in different places in Bangladesh. The Board of Director has seven members, who are well known business personalities of the Country. It has 621 regular employee and 8,500 business development officials throughout the Country. It is operating business in individual life, group life, Islamic life and micro life insurance policies. The number of Policy Holders of GLIL is 9,65,746 (approximately) at present. So far GLIL has settled claim of TK. 3500 crore (approximately). GLIL started collecting premiums through online banking with Dutch Bangle Bank Limited and bKash. GLIL started Push pull one time messages service ( SMS ). If any Policy Holder wants to be informed by his/her any kind of Policy status then Push-Pull Message can help them. Golden Life Insurance Company offers a variety of life insurance products to help meet your needs. Life is full of opportunities, hard work, fun, and responsibilities. With that comes the need to prepare yourself and your loved ones for the uncertainties that lie ahead. Securing the right amount of life insurance for your family is an important way to prepare for the future. Golden Life Insurance Company offers a variety of life insurance products to help meet your needs.

5001 to 10000 staff

Bangladesh General Insurance Company Ltd

Head Office: 42, Dilkusha C/A Motijheel, Dhaka

501 to 1000 staff

Carnival Assure

Carnival Assure is a digital platform that makes buying and using insurance really effortless. How do we ensure that? By infusing technology to the age-old insurance business. By doing so, we have transformed the long and tedious insurance buying activity to something that is quick and easy. And in the process, we’ve managed to fit something as massive as insurance in your pocket. Carnival Assure is digital first which means that you will be as comfortable using it as you are using your own smartphone. Our insurance offers are hand-picked, curated insurance policies by insurance providers to cover the moments you treasure, people you care for and your investments. The policies we offer are no more and no less than what you need. We work with insurance providers to fully cover the risks that you need to worry about - effortlessly. One last thing - At Carnival Assure, the buying process is quick, the claims process is straightforward. No difficult choices, no phone calls, and no lengthy paperwork to fill out. We make insurance effortless by making it affordable and hassle-free because when it comes to finding ways to making your life easier, we leave no stones un-turned.

201 to 500 staff

Fareast Islami Life Insurance Co.Ltd

Dear Sir Assalamu-Alikum, Greetings from Fareast Islami Life Insurance Co. Ltd!Thanks very much for giving me a chance to know you about Group life & Health Insurance facility from Fareast Islami Life Insurance Co. Ltd. As stated Fareast Islami Life happens to be one of the major names within the life insurance industry in Bangladesh. We started our journey in & now we are the number one in the field of life insurance industries. Sir, we were very much interested to develop a collective relationship with your renowned organization for providing Group Insurance Coverage (GI). We possess the expertise & service oriented people who are always ready to serve you & your valuable employees. We are here because of our services. Our Offerings: 1. Quality Services. Cheap Rate than Other. Discounting Facility up to Spouse, Children, & Parents in our designated Hospitals 4. Consider the age Up to 60 years. 5.Group Life Coverage. Health Coverage/Medical Insurance Coverage 7.Maternity Coverage 8.Bancassurance Facility 9.Student Study Coverage 10. Micro Insurance Coverage For RMG Workers. Besides, we are the number one in the field of Life Insurance Sector for the last seven consecutive years. We have very solid foundation. Last year our business volume is 925 cor. that is ever highest in the local Insurance company in Bangladesh. Our total asset Value is 4200 Cor. Life Fund 3100 Cor. Paid Up Capital 62 Cor. Authorised Capital 100 Cor.that is clearly indicates our strength,foundation & sustainability. So you can trust us. We want to be your strategic Partner. Thanks & Regards M.Murad Hossain Branch Co-Ordinator Fareast Islami Life Insurance Co. Ltd. Farest Tower 35, Topkhana Road, Paltan, Cell: 01723-188247 E-mail: mhrremon@gmail.com Web:

1001 to 5000 staff

Sunlife Insurance Company Ltd

Sunlife Insurance Company Limited (SLICL), a third generation life insurance company in Bangladesh, was incorporated on March 1, under the Companies Act, 1994 as a Public Limited Company to carry out life insurance business in Bangladesh. It obtained certificate for commencement of business on the same day. SLICL started its business with a paid up capital of Tk. 30 million against an authorized capital of Tk. 200 Million. SLICL is sponsored by a group of renowned business personalities of the country involved with various businesses such as Aluminium extrusion, Food and Beverages, Electrical products, Brokerage house, Oil refinery, Banks, Real estate’s etc. The company went into IPO (Initial Public Offer) on 1st October, 2012. BDT 7700 million was deposited as subscription by the respected Investors and Shareholders against the share money of Taka 120 million only, i.e, 65 times over subscription. This huge over subscription was due to unbounded belief of the investors in our company. Sunlife is now running with a paid up capital of Tk. 350 million and authorized capital of Tk. 500 million divided into 50 million shares @ Tk. 10 each. In 2018 the company had life fund of BDT 3036 million. The company owns a number of land and building properties in different important cities of the country. Currently 20 storied Sunlife tower is being constructed at Mohakhali, one of the prestigious commercial areas of Dhaka, Bangladesh. SLICL offers both conventional life policies and Islamic Life policies covering a wide range of popular and attractive products. Considering the large number of lower income people in Bangladesh, the company started marketing of micro insurance (monthly premium paying) life policies for peasants, small shopkeepers, fishermen, weavers, ironsmiths, carpenters, bricklayers, boatmen, rickshaw pullers, and so on.

51 to 200 staff

Cottoncandy

CottonCandy | Fintech & InsurTech Consulting | Licensing | Distribution | GTM Strategy At CottonCandy, we specialize in fintech consulting, insurtech solutions, licensing support, indirect distribution, and Go-To-Market (GTM) strategy. Our team has hands-on experience helping banks, insurers, fintech startups, telcos, and payment service providers navigate complex markets and launch scalable digital financial products. We provide end-to-end solutions—from securing regulatory licensing and compliance approvals, to designing indirect distribution networks, to building and executing GTM strategies that accelerate market entry. Our expertise spans mobile money, digital payments, embedded finance, and digital insurance, with a strong focus on financial inclusion and digital transformation. With CottonCandy Insurance, we’re reimagining the insurance industry by replacing paperwork and office visits with a fully digital, customer-first experience. Core Expertise: Fintech & InsurTech Consulting Regulatory Licensing & Compliance Indirect Distribution Models GTM Strategy & Market Expansion Mobile Money & Digital Payments Insurance Technology & Embedded Finance Partner with us to scale smarter, launch faster, and transform financial services for the digital age.#Fintech #InsurTech #DigitalPayments #MobileMoney #Licensing #Distribution #GTMStrategy #FinancialInclusion #DigitalFinance #CottonCandy

1 to 10 staff

Meghna Insurance Company Limited

201 to 500 staff

Astha Life Insurance Company Limited

Astha Life Insurance Company is a concern of the Army Welfare Trust (AWT). Astha Life got its approval from the Government of Bangladesh on 30 September 2019 and started business operations on 20 September 2020.

201 to 500 staff

Mercantile Islami Insurance Plc

Mercantile Islami Insurance PLC, previously known as Mercantile Insurance Company Ltd, is a leading general insurance company operating in the private sector in Bangladesh. Founded in May 1996, the company has established itself as one of the top players in the general insurance business in the country. With an authorized capital of Tk. 100.00 Crore and paid-up capital of Tk. 43.10 Crore, Mercantile Islami Insurance PLC is a public limited company that is listed on the Dhaka Stock Exchange on 7th December 2004 and Chittagong Stock Exchange on 21st May 2009.

501 to 1000 staff