Bangladesh Co-Operative Insurance Ltd.

About Us

Bangladesh Co-Operative Insurance Ltd. embarked on its journey in 1985, committed to delivering top-tier insurance services of unparalleled quality to the insuring community of Bangladesh. As the sole insurance company in Bangladesh operating under the umbrella of a cooperative society, it stands out as an exceptional entity in the industry. Operating as a cooperative society exempts it from compulsory listing on the capital market.The company offers underwriting services for all classes of...

Bangladesh Co-Operative Insurance Ltd. embarked on its journey in 1985, committed to delivering top-tier insurance services of unparalleled quality to the insuring community of Bangladesh. As the sole insurance company in Bangladesh operating under the umbrella of a cooperative society, it stands out as an exceptional entity in the industry. Operating as a cooperative society exempts it from compulsory listing on the capital market.The company offers underwriting services for all classes of non-life insurance business, prioritizing maximum protection for clients' properties at minimal costs, adhering to regulations set forth by the Regulatory Authority (IDRA). Despite modest premium income due to a selective underwriting policy, the company consistently generates steady underwriting profits, projecting promising growth prospects.Bangladesh Co-Operative Insurance Ltd. places 100% of its reinsurance portfolio in Shadharan Bima Corporation, demonstrating its commitment to prudent risk management practices. Upholding the highest standards of corporate ethics and transparency, the company maintains integrity in its dealings with insured individuals and reinsurers.In 2019, Bangladesh Co-Operative Insurance Ltd. was rated "BBB," marking an upgrade from previous years. This signifies an enhanced ability to expedite claim settlements, reflecting the company's continuous improvement efforts. With operations spanning 15 branches across the country, Bangladesh Co-Operative Insurance Ltd. remains steadfast in its commitment to serving its clientele with excellence and reliability.