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Eastland the name you have learnt to trust. We are well equipped with latest technology and a team of astute and experienced personnel to meet your all insurance needs; such as Fire, Industrial All Risk, Marine Cargo, Marine Hull, Motor, Engineering, Aviation, Personal Accident, Overseas Mediclaim Insurance and Miscellaneous Risks.
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Notice
(Q3 Un-audited): EPS was Tk. 0.37 for July-September 2019 as against Tk. 0.17 for July-September, 2018; EPS was Tk. 1.31 for January-September 2019 as against Tk. 1.10 for January-September 2018. NOCFPS was Tk. 0.45 for January-September 2019 as against Tk. 0.41 for January-September 2018. NAV per share was Tk. 21.90 as on September 30, 2019 and Tk. 21.12 as on December 31, 2018.




Credit Rating AA+ : Credit Rating Information and Services Limited (CRISL) has announced CPA Credit Rating (surveillance) 2019-2020 of the Company "AA+" along with a stable outlook in consideration of audited financial statement of the Company December 31, 2018 also un-audited financial statement up to 30th June 2019 and other relevant quantitative. Rating "AA+" indicates very high claim paying ability (CPA), sound financial & technical performance and sound solvency position.




Stock dividend for the year ended on December 31, 2018 has been credited to the respective shareholders' BO accounts on July 14, 2019. The payment of cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.




(Q2 Un-audited): EPS was Tk. 0.48 for April-June 2019 as against Tk. 0.48 for April-June 2018; EPS was Tk. 0.94 for January-June 2019 as against Tk. 0.92 for January-June 2018. NOCFPS was Tk. 0.25 for January-June 2019 as against Tk. 0.24 for January-June 2018. NAV per share was Tk. 21.13 as on June 30, 2019 and Tk. 19.77 as on June 30, 2018.




(Q1 Un-audited): EPS was Tk. 0.49 for January-March 2019 as against Tk. 0.46 for January-March 2018. NOCFPS was Tk. 0.18 for January-March 2019 as against Tk. 0.21 for January-March 2018. NAV per share was Tk. 22.66 as on March 31, 2019 and Tk. 22.18 as on December 31, 2018.




ICMAB BEST CORPORATE AWARD-2015: Eastland Insurance Company Limited has been awarded best corporate award 2015 in non-life insurance sector by the Institute of Cost and Management Accountants of Bangladesh (ICMAB)

Mr. Arun Kumar Saha, Managing Director received the award from Mr. Abul Mal Abdul Muhith, Honble Minister, Ministry of Finance at a function at Dhaka on 26th October, 2016.

ICMAB identified best of the best after due consideration to many quantitative and qualitative factors in general and sector wise in particular and evaluated a company under the measurement of internationally and widely used standards.

The Managing Director of the Company said that Eastland maintained the maximum level of transparency, accountability and good governance during the period which helped it to get such an award.

The Managing Director thanked all members of ICMAB Best Corporate Award Committee for selecting Eastland Insurance Company as one of the recipients of this prestigious award and shared this achievement with valued clients, shareholders, members of the Board and the employees of the company.




EICL-Citizen Charter
   
Registered Name : Eastland Insurance Company Limited
Registered office : 13 Dilkusha C/A, Dhaka – 1000, Bangladesh.
Paid up Capital : Tk.  776.00 Million
Authorized Capital : Tk.1000.00 Million
Incorporation : November 05, 1986
Commencement of Business : November 05, 1986
Credit Rating Grade : AA+
Listing with Dhaka Stock Exchange (DSE) : 1994
Listing with Chittagong Stock Exchange (CSE) : 1994
Allotment of Public Share : 1994
Face Value Per Share : Tk. 10
Earning Per Share (EPS) : Tk. 1.48
Average Annual Growth over the last 5 years : -27%
Total Asset of the Company : Tk. 2,421.60 million
Reserve Base : Tk. 1,068.00 million
Investment Portfolio : Tk. 948.00 million
Number of Branches : 27
       
Eastland is the proud sponsor of 02 (two) reputed Non-Banking Financial Institutions namely Industrial & Infrastructure Development Finance Company Ltd. (IIDFC) and National Housing Finance & Investment Ltd. led by prominent Banks, Insurance Companies and the renowned Business houses of the country as follows:
Industrial & Infrastructure Development Finance Company Ltd(IIDFC), a public limited company was incorporated on 19 December, 2000 as a non-banking development financial institution under companies Act 1994 and the financial institution Act 1993 to boost investment specially in the spectrum of industrial and infrastructure development with its registered office at Chamber Building (6th Floor), 122-124, Motijheel C/A, Dhaka-1000.
Authorized capital : BDT. 5,000 million
Paid up capital : BDT. 1,000 million
Sponsors of IIDFC are:
 Eastland Insurance Company Ltd.  Janata Bank Ltd.
 Invest Corporation of Bangladesh (ICB)  AB Bank Ltd.
 Bank Asia Ltd.  BRAC Bank Ltd.
 The City Bank Ltd.  Mutual Trust Bank Ltd.
 National Bank Ltd.  One Bank Ltd.
 Southeast Bank Ltd.  Sonali Bank Ltd
 National Life Insurance Co. Ltd.  Pragati Insurance Ltd.
 Mr. Md. Matiul Islam
National Housing Finance and Investments Limited, a public limited company was incorporated on August 18, 1998 as a non-banking development financial institution under Companies Act 1994 with registered office at 109, Bir Uttam C.R Datta Road (Ex-Sonargaon Road), National Plaza (7th & 8th Floor), Dhaka-1205.
Authorized capital : BDT 2,000.00 million
Paid up capital : BDT 1,063.90 million
Sponsors of National Housing Finance and Investments Limited are :
 Eastland Insurance Company Ltd.  National Bank Ltd.
 United Commercial Bank Ltd.  Eastern Insurance Company Ltd.
 IFIC Bank Ltd.  Jibon Bima Corporation
 National Life Insurance Company Ltd.  Pragati Insurance Ltd.
 Reliance Insurance Ltd.  Sadharan Bima Corporation
 Bangladesh Lamps Ltd.  Borak Travels (Pvt.) Ltd.
 HRC Bangladesh Ltd.  Shaw Wallace Bangladesh Ltd.
 Square Pharmaceuticals Ltd.  Unicorn Equities Ltd.
 Overseas Investor Forum (UK)  Overseas Investors Forum (Zambia)
 Summit Industrial and Mercantile Corporation (Pvt.) Ltd.
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