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Green Delta Insurance Company Limited.

Marches With Time.

www.green-delta.com
©Green Delta Insurance Co.Ltd. 1
OUR SPEARHEAD

Mr.Nasir A Chowdhury.Managing Director & CEO.


“International WHO’S WHO of Professionals is a global organization which gives you the
names of the most significant men and women who are contributing to a rising
economy, a rising social life, a rising understanding of how the world can be brought to a 2
world of stability”.
INSURANCE INDUSTRY.

Bangladesh General Insurance


Market Is
Followed By 1938 Act Vide Respective
Tariff.

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INSURANCE INDUSTRY.

Our Regulator
“Department of Insurance”
under Ministry of Finance.
43 Non Life Concern
17 Life Insurance Concern

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INSURANCE INDUSTRY.

The insurance industry in Bangladesh


was nationalized in 1972 when the
country became independent and
sovereign.

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Nationalization.

• The reasons for nationalization was as follows:

a)To diffuse the benefits of insurance to the large


masses and also to the small income group
through the extension of its operation to the
rural areas of the country.
b)To stop unsound insurance practices which
were rampant in the insurance business of
Pakistan.

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INSURANCE INDUSTRY.

The Government formed two:

• Sadharan Bima Corporation


(SBC) for general business &
• Jiban Bima Corporation for life
business.

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Privatization.

Insurance Companies Act 1973 was


amended in 1984 to allow insurance
companies in the private sector to operate
side by side with Sadharan Bima
Corporation & Jiban Bima Corporation.

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OUR VISION.

Our Vision is:


 to mature in to sustainable,
coherent organization,
 raise competitiveness to the
highest level in the insurance
industry, maintain high
profitability and balanced
quantitative growth
and
 exceed customer’s
expectation by offering
legendary services, embrace
a new corporate identity and
creative corporate culture.

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OUR MISSION.

Our Mission is to create


shareholders value through
customer’s satisfaction and
employee’s commitment to
excellence.
&
Provide Maximum Security
With Minimum Cost.

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OUR STRENGHT.

Constant pursuit of
suitable strategies
has made the
company the
leading insurer of
Bangladesh for
over two decades.
(Since Inception)

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OUR BELIEF .
We believe that
client must stand
at the center of our
all activities.
We have the
ability to optimally
fulfill the clients
needs based on
risk management
with minimum cost
and personalized
services.

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SHARE HOLDING STRUCTURE.

51.57%

12.15%

36.28%

SPONSOR INSTITUTIONS GENERAL PUBLIC


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CORPORATE PRODUCTS & SERVICES.

ELECTRONIC
RISK MANAGMENT EQUIPMENTS &
COMPUTER
INSURANCE.

PROPERTY ALL RISK


INSURANCE
INCLUDING BUSINESS
INTERRUPTION.
CORPORATE
HOSPITALIZATION
COVER. CORPORATE
OVERSEAS HEALTH
POLICY.

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FINANCIAL PRODUCTS & SERVICES.

PORTFOLIO COVER. BANKERS BLANKET


INSURANCE.

CREDIT CARD
PROTECTION
INSURANCE.

MONEY INSURANCE. FIDELITY BOND.

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CONVENTIONAL PRODUCTS & SERVICES.

ALL TYPES OF FIRE & ALL TYPES OF AVIATION ALL TYPES OF ENGINEERING
ALLIED PERILS. INSURANCE. INSURANCE.

INDUSTRIAL ALL RISK ALL TYPES OF AUTOMOBILE


INSURANCE. INSURANCE.
ALL TYPES OF HEALTH
INSURANCE.

ALL TYPES OF MARINE ALL TYPES OF


CARGO & HULL ACCIDENT,MISCELLANEOUS & 16
INSURANCE. LIABILITY INSURANCE.
TAKAFUL (ISLAMIC).

ALL TYPES OF (NON LIFE) TAKAFUL


PRODUCTS.

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INVESTMENT & PORTFOLIO MANAGEMENT.

UNDERWRITING,
PRE-IPO PLACEMENT SYNDICATION,
TRUSTEESHIP.

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Key Milestones

1985 INCORPORATION
OF THE COMPANY.

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Key Milestones

January 1st 1986 Commencement of the


Business

January 2nd 1986 Signing of First Insurance


Business.

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Key Milestones

August 19,1989 Received consent from


Controller of Capital Issues for issuance
of Public Share BDT 30 Million

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Key Milestones

December 31,1989:Increase a paid up


capital to BDT 60 Million.

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Key Milestones

1990 Listing with


Dhaka Stock Exchange Ltd.

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Key Milestones

1995 Listing with


Chittagong Stock Exchange Ltd.

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Key Milestones

1997 Investment in
Delta Brac Housing as equity Share Holder.

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Key Milestones

May 05,2004-
Issuance of Right Share.

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Key Milestones

2004 Agreement sign with CDBL


(CENTRAL DEPOSITORY BANGLADESH LTD.)

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Key Milestones

June 7,2004 Invested In


Jalalabad Telecommunication
Limited.

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Key Milestones

2005 Capital Raised to BDT 108 Million.

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Key Milestones

2005 Formation of Green Delta Aims Limited


a Joint Venture Construction Firm.

G REEN DELTA AIMS LIMITED.

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Key Milestones

2005 Launching of
Islamic Takaful Insurance.

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Key Milestones

May 12TH-2005 DSE Membership


Purchased.

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Key Milestones

2005 Launching of
Green Delta Financial Services Limited.

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Key Milestones

2006 Investment in BRAC Bank Preferred


Share.

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Key Milestones

2006 Investment in United Hospital.

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Key Milestones

2006 Capital Raised to BDT 15.2 Million.

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Key Milestones

2008 Awarded “AA2”rating in the long


term and ST-1 rating in the short term
by CRAB.

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Key Milestones

Our Present Paid up Capital is


BDT 408.24 Million.

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Awards

Mr.Nasir A.Chowdhury, Managing Director & CEO of Green Delta Ins Co.ltd receiving the
International Star for Leadership in Quality Award –2008 from Mr.Jose E. Pireto, President of BID
(Business Initiative Directions). 23rd March of 2009.Beginning in the mid-1970's, B.I.D. began developing
quality award
programs based on the criteria of the QC·100, a model of Total Quality Management (TQM). The
International Quality Award is recognized internationally as a pattern model.
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Awards

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OUR BRANCHES.

35 Branch
Nationwide

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OUR SOLDIER .

24x7
Ready to act
600 mens
trained
&
dedicated Personnel's.

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Capital-the Building Blocks .
BDT 450.00
BDT 408.24
GDIC Started it’s
BDT 400.00 journey almost two and
half decades ago with
the paid-up capital of
BDT 350.00
BDT 30.00 Million under
the companies act
BDT 300.00 1931.GDIC followed a
constrain approach in
BDT 250.00 terms of raising the
BDT 204.12 capital base and lately
declared 100% stock
BDT 200.00
dividend mark in the
year 2008.GDIC is the
BDT 150.00 first ever insurance
BDT 108.00
company in
BDT 100.00 Bangladesh to raise it’s
BDT 60.00
paid up capital to
BDT.400.00 Million.
BDT 50.00
BDT 30.00

BDT 0.00
1986-88 1989 2004 2007 2008
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BUSINESS MIX

766.79

244.03

75.61
314.32

FIRE MARINE MOTOR MISC

Fire Insurance continue to be the most dominant segment in the


Business Mix, generating BDT 766.79 Million Followed by marine
insurance BDT 314.32 Million ,motor Insurance BDT 75.61 Million
and Miscellaneous insurance BDT 244.03 Million 44
GROSS PREMIUM INCOME GROWTH

BDT 1,600.00
BDT 1,400.00 BDT 1,400.75
BDT 1,200.00
BDT 1,109.25
BDT 1,000.00
BDT 800.00 BDT 762.70
BDT 600.00 BDT 631.60
BDT 515.30
BDT 400.00
BDT 200.00
BDT 0.00
2004 2005 2006 2007 2008

GDIC achieved a strong profitability growth in the year 2008.The Gross


premium income has increased from BDT 1109.25 Million to Tk.1400.75
Million which is 27% higher than the previous year reflecting
GDCI’s objective of Maximizing its shareholders wealth. 45
NET CLAIMS.

140.00
117.23 117.04
120.00

100.00 92.60 2008

80.00 2007
2006
60.00 55.30 51.70
2005
40.00 2004
20.00

0.00
2008 2007 2006 2005 2004

In 2008 GDIC settled net claims of BDT 117.23 million which is


Almost equal to the last year.
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FINACIAL STAT AT A GLANCE.

Year 2008 Year 2007 Year 2006


Particulars (IN Million) (IN Million) (IN Million)
Gross Premium Income 1400.75 1109.2 762.7

Net Premium Income 627.21 451.00 327.20

Net Claims 117.23 117.00 92.60

Underwriting Profit 106.16 42.30 36.60

Profit After Tax 245.07 118.00 48.10

Dividend (Cash & Stock) 100% 50% 30%

Total Assets 2872.50 1698.4 1227.9

Total Liability 1153.83 870.5 641.7

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CORPORATE SOCIAL RESPONSIBILITY.

Managing Director & CEO is handing over a cheque to the


Former Chief Advisor’s relief and Welfare Fund for SIDR
victims. 48
CORPORATE SOCIAL RESPONSIBILITY.

Managing Director & CEO is handing over a cheque to


Narikantha Foundation.
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CORPORATE SOCIAL RESPONSIBILITY.

Farid A.Chowdhury Addl Managing Director is Inaugurating


the 2nd Green Delta Golf Tournament-2008
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CORPORATE SOCIAL RESPONSIBILITY.

Green Delta Insurance Company is the Official sponsor of 1st


Division and 2nd Division Hockey League since 1987.Deputy
Managing Director,Nazim Tazik Chowdhury is inaugurating 1st 51
Division hockey league 2008.
CORPORATE SOCIAL RESPONSIBILITY.

Mr.Nasir A.Chowdhury, Managing Director & CEO of Green


Delta Ins Co.ltd is cutting ribbon for opening of the
renovation work of Gulshan Club Swimming Pool. 52
CORPORATE SOCIAL RESPONSIBILITY.

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THEY TRUST US...

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THEY TRUST US...

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THEY TRUST US...

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So…

Let Us March With the Time


&

Move On……
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Thank You

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