Standard Insurance Limited

Registration No: C-38977(935)/99 Date of Registration 03.11 1999 Being established in 1999 Standard insurance Limited started its general insurance business. The Company has been registered with Dhaka & Chittagong stock exchange Ltd. in 2008. It's authorized capital is 100 crores and at present paid up capital is 43 crore. The maxim of the Company is to keep track of economic development and create scope for employment. Standard Insurance Limited got its permission for business in 1999. Ever since the Company has eamed glorious position in the insurance market. The Company despiles hard competition named 567.42 milition premium in 2021 against to its competitive business position in the market. The Company has been able to continue to keep its profitable position despite facing various kinds of troublers. They eamed Tk. 120 83 million profits before tax. In 2021 profit of Tk. 30 million has been transferred from the profit to reserve to meet unforeseen losses Tk. 21.57 million has been kept reserved for tixx payment. The balance profit has been transferred the reserve. Basic EPS was 2.29 in 2021. Rating is being done by the Credit Rating Company every year ARGUS Credit Rating Service Ltd. Rated the Company at (AA) long term and short term "ST-2" was given in 2021. They have considered the strength, profitability, earning, & claims has given those rating for the Company. The Company has been doing business of the reputed business persons whose market reputation is undisputed. We are getting good behavior & support of those Companies. We may quole the names of the Companies like Badsha Textiles Mills Ltd., Amann Bangladesh Ltd, Standard Group Ltd, Standard Stitches Ltd, Paradise Group Ltd, Fakir Fashions Ltd. SBS Cables Ltd, Energy pack power generation Ltd, Millennium Automotive Assembly Ltd, NDE, Well Food, Nabil Group, Majumder Products Ltd. Al Madina Group. Agata Feed Mills Ltd Raj-Lanka Power Company Ltd., Spectra International Ltd. Mosharaf Group, Papertec Industries Ltd., Butterfly Marketing Ltd. etc