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Asia Insurance chairman Mohammad Mustafa Haider presides over the 25th annual general meeting held virtually on Tuesday. | Press release

Asia Insurance PLC has approved 10 per cent cash dividend for the year ended December 31, 2024 in its 25th annual general meeting held on Tuesday virtually by using digital platform.

The meeting was presided over by the company鈥檚 chairman Mohammad Mustafa Haider and a large number of shareholders participate virtually in the meeting.聽


The company鈥檚 managing director and CEO Md Imam Shaheen spoke in the meeting.聽

During the year, the company earned a gross premium of Tk 813,260,714, profit before tax was Tk聽154,297,509.

Company鈥檚 total assets at the end of the year stood at Tk聽2,336,609,541.

A good number of shareholders participated in the discussions through using digital platform and expressed their full satisfaction with the performance of the company amidst challenges and hurdles.

Asia Insurance PLC achieved an AAA rating from National Credit Ratings Ltd based on the financial performance for the year 2024.

The meeting re-elected Group-A directors namely Abul Bashar Chowdhury, Farzana Afroze and Munal Mahabub and Group-B director namely Rasedul Islam, nominated director of Southeast Bank PLC which approved by the shareholders.