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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 Tk. 0.18 for July-September, 2018 as against Tk. 0.15 for July-September, 2017; EPS Tk. 1.15 for January-September, 2018 as against Tk. 1.10 for January-September, 2017. NOCFPS Tk. 0.43 for January-September, 2018 as against Tk. 0.22 for January-September, 2017. NAV per share Tk. 21.48 as on September 30, 2018 and Tk. 21.66 as on September 30, 2017.




Credit Rating AA+ : Credit Rating Information and Services Limited (CRISL) has announced the Claim Paying Ability (CPA) Rating of the Company as "AA+" along with a stable outlook in consideration of audited financials of the Company up to December 31, 2017 also un-audited financials up to 30th June 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration. Rating "AA+" indicates very high claims paying ability (CPA) with strong protection factors supported by good financial performance and sound solvency position.




(Q2 Un-audited): EPS was Tk. 0.50 for April-June 2018 as against Tk. 0.50 for April-June 2017; EPS was Tk. 0.97 for January-June 2018 as against Tk. 0.95 for January-June 2017. NOCFPS was Tk. 0.25 for January-June 2018 as against Tk. 0.20 for January-June 2017. NAV per share was Tk. 20.75 as on June 30, 2018 and Tk. 21.59 as on December 31, 2017.




Cash dividend for the year ended on December 31, 2017 has been disbursed to the respective shareholders' Bank Accounts through BEFTN on July 22, 2018. The remaining un-remitted cash dividend will be dispatched through dividend warrant to the respective shareholders' address.




(Q1 Un-audited): EPS was Tk. 0.50 for January-March 2018 as against Tk. 0.48 for January-March 2017. NOCFPS was Tk. 0.23 for January-March 2018 as against Tk. 0.20 for January-March 2017. NAV per share was Tk. 22.52 as on March 31, 2018 and Tk. 23.21 as on December 31, 2017.




Stock dividend for the year ended on December 31, 2017 has been credited to the respective shareholders' BO accounts on July 12, 2018. The payment of cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.




The Board of Directors has recommended 7.50% cash and 7.50% stock dividend for the year ended on December 31, 2017. Date of AGM: 28.06.2018, Time: 3:00 PM, Venue: Golden Tulip-The Grandmark Dhaka. Plot No. 84, Road No. 7, Block-H, Banani, Dhaka-1213. Record date: 15.05.2018. EPS of Tk. 2.17, NAV per share of Tk. 23.21 and NOCFPS of Tk. 0.97 for the year ended on December 31, 2017 as against Tk. 1.89, Tk. 23.20 and Tk. 0.85 respectively for the same period of the previous year.




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, Hon’ble 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.




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