Sunlife Insurance Company Limited

Sunlife Insurance Company Limited-iamtoto.com
Sunlife Insurance Company Limited

Main Activities: Insurance Carriers and Related Activities
Full name: Sunlife Insurance Company Limited

Company Profile:- Sunlife Insurance Company Limited is a 3rd generation life insurance company in our country, was established under the Companies Act, 1994 as a Public Limited.

The company went into IPO on first October, 2012 . Sunlife company is currently running with a paid up capital of 350 million taka & authorized capital of five hundred million taka divided into  fifty million shares @ Tk. 10 each. In 2018 closing the corporate had life fund of 3036 million taka.

Sunlife Insurance Company offers each conventional life policies & Islamic Life policies. Considering the massive number of poor people in Bangladesh, the company started selling of micro insurance life policies.

The company has about eighty localized service centers  everywhere of the country at major district levels. Under these centers there are about 700 districts & agency offices operating all over the country. These offices are run by 1100 salaried office staffs & 12000 commission agents.

Address: Bta Tower, 29 Kemal Ataturk Avenue,Road-17, Banani, Dhaka.

Website: www.sunlifeinsbd.com

Management System of Sun Life Insurance Company Limited

The management of SLICL has long been thinking to create technically qualified employee having good knowledge of insurance profession by giving them best training & professional education. SLICL initiated epoch-making steps to professionally train up its officers & to make them fit to handle any technical works perfectly & smoothly.

Products of Sunlife Insurance Company Limited

The core business activities cover Islamic Ekok Bima ,Ekok Bima,(GanamukhiBima,Takaful)Micro Insurance,Lokomukhi Bima Islamic Asaan Bima (Micro Insurance, Islamic DPS Bima, Adarsha Bima, Micro Insurance, Ettehad Bima, Urban Bima,SDPS Bima, etc. All of these projects are contributing significant financial gain & life fund to the company.

KEY FINANCIAL HIGHLIGHTS

Net insurance premium revenue0.29%▲
Operating profit (EBIT)4.7%▲
Net Profit (Loss) for the Period-6.14%▼
Total assets-17.89%▼
Investments 170.73%▲ 
Total equity0%
Net Premiums Earned TrendN/A
Return on Equity (ROE)-1.66%▼
Loss Ratio-0.52%▼
Annual growth percentages for latest two years in local currency BDT.

Key People of Sunlife Insurance Company Limited

Name/Title Current Board Membership 
Rubina Hamid
Chairman
Sunlife Insurance Company Ltd., Rahat Real Estate and Construction Limited. 
A. K. M Shariful Islam
CEO, Director & Member Shariah Board
Sunlife Insurance Company  Limited.
Kazi Aktar Hamid
Director & Secretary-Shariah Board
Sunlife Insurance Company Ltd. Rahat Real Estate and Construction Limited.
Fouzia Maleque
Director
Sunlife Insurance Company Ltd.
Shabana Maleque
Director
Rahat Real Estate and Construction Limited., Pristine Colour Ltd. and Sunlife Insurance Company Ltd
Shaila Ferdous Santaz Banu
Director
Sunlife Insurance Company Ltd.
Al-haj Mofizur Rahman
Director
Sunlife Insurance Company, and Limited. Provati Insurance Co. Ltd.
Rahat MalequeDirectorSunlife Insurance Co. Limited, and BD Sunlife Securities Ltd.
Ryan Hamid
Director
Sunlife Insurance Company Ltd., BD Thai Cosmo Limited, BD Thai Food and Beverage Ltd.
Joynal Abedin
Independent Director
Sunlife Insurance Co. Ltd.
Mohammed Abdus SalamIndependent DirectorBegum Jarina Degree College, Sunlife Insurance Company Limited.
Sun life Insurance Company Limited

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