Reliance Insurance Limited


Reliance Insurance Limited (RIL) is a leading first generation private sector Non-Life Insurance Company in Bangladesh. RIL was incorporated in 1988 as a Public Limited Company under the Companies Act, 1913 (Present 1994) and subsequently was listed with Dhaka and Chittagong Stock Exchanges in 1995. Reliance transacts all classes of non-life insurance business in Bangladesh and its turnover was in excess of BDT 3,140 4 million, being total gross premium underwritten and its paid up capital is BOT 1,051.61 million. The Company carries its insurance activities through Head Office along with 32 (thirty-two) branches spread across the whole country RIL received "AAA (Triple A Surveillance Rating (Stable outlook) from CRISL based on its sound financial perfor mance and claim paying ability. Reliance is focused to provide professional services of the highest quality to its clients which include many reputed conglomerates both domestic and multinational. On its journey ahead, Reliance has established its track record as a sound and dependable insurer, consistently able to meet its commitments and by providing insurance solution to the individual needs of its clients. Over the years Reliance has been maintaining strong corporate culture, corporate responsibilities, superior underwriting skills and abilities and dynamic investment management. Reliance projects on developing new products and services and cash in untapped segments of the market. RIL is always aware of its social responsibilities and would like to aim its future development activities where common people of Bangladesh would enjoy its services and glory