Eastland Insurance Company Limited (Malibagh Branch)

Eastland Insurance Company Limited (EICL), a first-generation nonlife insurance company was incorporated on November 5, 1986, as a public limited company under the Companies Act 1913 (at present 1994) with the vision to be one of the Par excellence non-life insurance companies in Bangladesh. It obtained the Certificate of Registration for carrying on insurance business from the Chief Controller of Insurance on November 22, 1986. The company started its business with a paid-up capital of Tk. 30.00 million against authorized capital of Tk. 100.00 million being sponsored by a group of renowned business personalities and reputed industrialists of the country having involvement in the diversified business.