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  5. Reliance Insurance Limited
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    RELIANCINS   BD0714RELI07

RELIANCE INSURANCE LIMITED

(RELIANCINS)
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SummaryChartsNewsCompanyFinancials 
Business Summary
Reliance Insurance Limited (RIL) is a Bangladesh-based company, which is engaged in providing non-life insurance services. The Company's segments are fire, marine, motor and miscellaneous. The Company's products consist of property insurance, which includes fire insurance, including allied perils, and machinery insurance; marine insurance, which includes marine cargo and marine hull; engineering insurance, which includes machinery breakdown insurance (MBD) and electronic equipment insurance (EEI); motor insurance, which includes motor insurance for commercial and private use; miscellaneous insurance, which includes burglary, money insurance for banks, marine terminal operators liability (MTOL), public liability, directors and officers liability insurance, and personal accident insurance; overseas mediclaim, which includes business and holiday (B&H), corporate frequent travels (CFT), and employment and study (E&S), and health insurance. It has over 30 branches in Bangladesh.

Number of employees : 331 people.
Sales per Business
20182019Delta
Marine664.2286.9%631.6836.8% -4.9%
Fire492.5764.4%574.0433.4% +16.54%
Motor240.7431.5%229.3413.4% -4.73%
Miscellaneous118.3715.5%137.468% +16.13%
BDT in Million
Sales per region
20182019Delta
Bangladesh1 515.89198.3%1 572.5291.6% +3.74%
BDT in Million
Managers
Name Title Age Since
Mohammad Khaled Mamun Chief Executive Officer, MD & Director - 2014
Mohammad Sajedul Haque Chief Financial Officer & Deputy Executive VP - 2016
Mohammad Mahbubur Rahman Deputy Executive VP & Head-Information Technology - 2005
Mohammad Golam Sarower Head-Internal Audit & Compliance - 1989
Sanjay Kumar Basak Senior Vice President-Finance & Investments - 1995
Mohammad Nazrul Islam Executive VP-Human Resources & Administration - 2006
Azizur Rashid Independent Director - -
Mohammad Habibur Rahman Mollah Independent Director - -
Mohammad Mamunur Rashid Secretary & Vice President - 2014
Syed Qayem Hussain Deputy EVP, Head-Marketing Services & Health Plan - 2011
Members of the board
Name Title Age Since
Shahnaz Rahman Chairman - -
Shamsur Rahman Director - -
Rajiv Prasad Shaha Vice Chairman 53 -
Akther Ahmed Director & Chief Consultant - -
Imran Faiz Rahman Director - -
Mohammad Khaled Mamun Chief Executive Officer, MD & Director - 2014
Zakia Rouf Chowdhury Director - -
Arshad Waliur Rahman Director - -
Mohammad Abdullah Director - -
Iftekharul Huq Director - -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 105,161,087 48,570,618 46.2% 0 0.0% 30.1%
Stock B 1 56,099,857 0 0.0% 0 0.0%
Holdings
NameEquities%Valuation
IDLC FINANCE LIMITED (IDLC) 27,713,230 7.00% 19,488,220 USD
Company contact information
Reliance Insurance (Bangladesh) Ltd.
Shanta Western Tower
Level-5, Space No. 503 & 504
186, Tejgaon Industrial Area
Dhaka 1208

Phone : +880.2.8878836
Fax : +880.2.8878831
Web : http://www.reliance.com.bd
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