Global Insurance Limited

About Us

Global Insurance Limited (GIL) is one of the leading private non- life insurance companies in Bangladesh. GIL was incorporated on April 23, 2000 as a public limited company under the Companies’ Act, 1913, with a paid up capital of BDT 60.00 million only. The shares of the company are listed on the Dhaka Stock Exchange as a publicly traded company in 2005. At present, the company has been operating its business through 20 branches located at different strategically important areas of...

Global Insurance Limited (GIL) is one of the leading private non- life insurance companies in Bangladesh. GIL was incorporated on April 23, 2000 as a public limited company under the Companies’ Act, 1913, with a paid up capital of BDT 60.00 million only. The shares of the company are listed on the Dhaka Stock Exchange as a publicly traded company in 2005. At present, the company has been operating its business through 20 branches located at different strategically important areas of Bangladesh. Stepping on its 11th birthday, Global Insurance Limited has now become a big family of 20 respected board members, 10 dedicated senior management members, 450+ committed staffs, numerous valued clients and thousands of esteemed shareholders with a paid up capital of BDT 191.65 million.With the slogan, “Symbol of Security and Peace” during the last 11 years, GIL has been helping people at the time of need; taking all the steps when needed and has been proud to be a partner in progress. As an experienced insurer, GIL has been operating as a financially strong and stable general insurance company. The company has sound reinsurance arrangements, and leverages its local and international reinsurance programmes to underwrite all types of general insurances, at all levels – from small business to very big business. Hence GIL has achieved an excellent market reputation with the leading position in the non- life insurance business industry of the country. Global Insurance has a combination of both local and foreign shareholders.Sound risk management has always been at the heart of management. This discipline aided the management in managing various risks incorporated with insurance business efficiently since the year of its inception. Whether it is financial risk arising from the change in the value of company’s investments and insurance liability, or credit risk from our investment in bonds and other security, management is capable of monitoring and managing those risks efficiently.To coup with the challenge of 21st century GIL has taken initiative to fully computerize its operation by the end of 2011. It will enhance its servicing capacity up to international level.As a corporate citizen, GIL has strong commitment towards the society. Management believes that some philanthropic activities for the society will uphold the image of GIL. Besides capital market development, the company concentrates on poverty alleviation, education, health care, cultural activities, sports and game, technological advancement etc. GIL achieved remarkable improvement in all these areas.