PROFILE OF THE COMPANY:

Chartered Life Insurance Company Limited is a public limited company incorporated on 29th July 2013 under the Companies Act 1994. The company has entitled business commencement certificate from RJSC dated 29th July 2013. It has 250 crore authorized capital and 37.50 crore Paid-up capital. The registered office of the Company was situated at Islam Tower (8th Floor), 464/H, DIT Road, West Rampura, Dhaka-1219, Bangladesh. The company is a life insurer licensed by Insurance Development & Regulatory Authority (IDRA) operating business in Bangladesh. The company sells individual life insurance policy and Group life insurance policy. The company offers a wide variety of insurance products which fulfils the requirements of our present and prospective policyholders. At present, we have operated business in our country through 8 Sales Offices, 50 Branch offices and 10 Unit offices. Besides we have high profile business well known person who are the sponsors of our company such as Unique Group, Energypac Group, GPH Power Generation Ltd, Crown Cement, Reedisha Group, Kohinoor Cemical (BD) Ltd, Golden Oil Mills Ltd. and Prantik Group. Mr. Md. Afsar Uddin Ahmed, FCA, AIA is an Actuary and Trust Re is a Reinsurer of our company. Most of the Directors of the company are prominent business figures in the society having ownership of many organizations. The perfect combination of talent, youth and experience. At the end of 2023 the company had 182 permanent employees and more than 3040 development employees. These employees are amply trained and experienced on various phases of insurance activities and most importantly they are dedicated to their duty and responsibilities. The company always ensures better work environment for its employees and as a result, the employees become motivated to provide better services. Most of the senior employees are highly qualified and professional degree holders. They have been trained at home and abroad. Financial performance of the company is very strong and positive. Total assets of the company as at 31 December 2023 it stood over taka 110 crore and Life fund over taka 58.50 crore. The company invested its fund in schedule banks and Govt Treasuries & Capital Market, where from good income is generated and as a result attractive returns are available to give benefits to shareholders as well as policyholders as dividend and bonus. The company always maintained strong corporate culture, corporate governance, code of conduct, ethical principles and corporate social responsibilities.