PROFILE OF THE COMPANY:

Chartered Life Insurance Company Limited is a public limited company incorporated on 29th July 2013 under the Companies Act 1994. Our Trade License No: 03-085465 & TIN No: 463536257431. The company has entitled business commencement certificate from RJSC dated on 29th July 2013. It has 250 crore authorized capital and 22.50 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 haveoperated business in our country through 16 Sales Offices,12 Agency offices and 7 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 eneration Ltd, Crown Cement, Reedisha Group, Kuhinur 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 figures in the society having ownership of many organizations. They are experienced with adequate knowledge about the relevant business fields and also bearing positive personality. The company has effective and efficient workforce with a perfect combination of talent, youth and experience. At the end of 2020 the company had 110 permanent employees and more than 3000 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 2020 stood at taka 46 crore and life fund taka 21 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.