Asia Pacific General Insurance Company Limited


Asia Pacific General Insurance Company Limited, a private sector's Non-Life insurance Company in Bangladesh was established & incorporated as a Public Limited Company on November 17, 1990. The Company obtain registration from insurance Development and Regularity Authority (Former Chief Controller of Insurance) on May 4, 2000 and started business operation in the middle of 2000 A D. with a view to provide maximum security at a minimum cost and prompt settlement of claims to its Clients Mr. AHM Mustafa Kamal, FCA, MP, the Founder Chairman & Former Director farmed the Company along with some other distingue entrepreneurs with a paid up capital of Tk. 70 crore. Mr. AHM Mustafa Kamal, FCA, MP acted as the Chairman of the Company from 2000 to 2010 and thereafter, Mr. Aftab ul Islam, FCA a renowned business personality was unanimously elected as the Chairman and leading the Company Iill to date. The current authorized capital of the Company is Tk. 1000 million with paid up capital of Tk. 423 million. The Company open its branches in almost all the renowned business centers in Dhaka city and other districts of the Country and established a network all over the Country to provide prompt services to wider group of clientele to their best satisfaction The Company has extensive Re-insurance Treaty Agreement up to any amount with Shadharan Bima Corporation (SBC) through Surplus, CAT XL and Facultative Re-insurance treaty. Under this agreement the Company is in a position to underwrite any amount of business with confidence to meet the various needs of its valued Clients.