ASIA INSURANCE PLC.
Approved 10% Cash Dividend.
Asia Insurance PLC has approved 10% Cash Dividend for the year ended December 31, 2024 in its 25th Annual General Meeting (AGM) held on 26th August, 2025 virtually by using Digital Platform.
The meeting was presided over by the Company’s Hon’ble Chairman Mr. Mohammad Mustafa Haider and a large number of shareholders participate virtually in the meeting. The Company’s Managing Director & CEO Mr. Md. Imam Shaheen spoke in the meeting.
During the year, the Company earned a gross premium of Tk. 813,260,714/-, profit before tax was Tk. 154,297,509/-. Company’s total assets at the end of the year stood at Tk. 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. (NCR) based on the financial performance for the year 2024. The hon’ble Chairman of the Company expressed satisfaction that despite facing multi-dimensional challenges during the year, the Company was able to declare and pay a 10% cash dividend to its shareholders. The Chairman concluded the meeting by thanking all and declaring the meeting closed.
The meeting re-elected Group-A Directors namely Mr. Abul Bashar Chowdhury, Mrs. Farzana Afroze & Dr. Munal Mahabub and Group-B Director namely Mr. Rasedul Islam, FCA nominated Director of Southeast Bank PLC which approved by the Shareholders.
