মুজিব বর্ষ   মুজিববর্ষের অঙ্গীকার ,বীমা হোক সবার      
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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
   
Eastland Insurance Company Limited carries out all types of general insurance business as per the Insurance Act, which includes Fire, Marine, Motor, Miscellaneous and Engineering business. Existing product lines of the Company are as follows:
Frequent power failure and voltage fluctuation is major problem in Bangladesh. To protect insured property from accidental fire we offer comprehensive range of Fire Insurance. An Insured can take the following coverage in Fire policy:
 Riot and Strike (R&SD) Damage
 Earthquake Damage
 Flood Damage
 Cyclone, Hurricane, Typhoon &Tornado Damage
 Air Craft Damage
 Explosion Damage
 Burning of forest, bush, jungle & the clearing of lands by fire Damage
We are also providing the following coverage’s:
 Fire Special Package Insurance
 Industrial All Risk Insurance (IAR)
 Comprehensive Machinery Insurance (CMI)
 Property All Risk (PAR)
Marine Cargo Insurance- Export & Import:

According to recommendations of the United Nations Conference on Trade and Development (UNCTAD), we are providing following coverage:
 ICC-A (All Risks)
 ICC-B
 ICC-C
 War & SRCC as additional coverage
We also provide Theft & Pilferage (TP) and Non-delivery coverage with ICC-B & coverage. ICC-A covers all risks with some exceptions. Moreover, we are providing Inland Transit coverage by Truck/Lorry/Rail/Burge/Country Boat as required by the Insured.

Marine Hull Insurance:
 Comprehensive cover on Hull & Machinery as per ITC Hull clause.
 Total Loss only including Sue and Labour charge on Hull & Machinery.
 Marine Country Boat.
 Comprehensive coverage on:
     • Private Vehicle
     • Commercial Vehicle
     • Motor Cycle
     • Transit (Motor Trade)
 Act Liability/ Third Party Liability.
 All Risk Insurance (AR)
 Air Travel Insurance (ATI)
 Business Interruption (BI)/Loss of Profit Insurance
 Contingency Liability Insurance (CLI)
 Cash-in-Safe Insurance (CIS)
 Cash-in-Transit Insurance (CIT)
 Cash-on- Counter Insurance (COC)
 Cash-on-Premises Insurance (COP)
 Commercial General Liability Insurance (CGL)
 Employer’s Liability Insurance (EL)
 Fidelity Guarantee Insurance (FG)
 Overseas Mediclaim Insurance (OMI)
 Product Liability Insurance (PDL)
 Public Liability Insurance (PL)
 Personal Accident Insurance (PA)
 Workmen’s Compensation Insurance (WP)
 Contractors All Risk Insurance (CAR)
 Erection All Risk Insurance (EAR)
 Machinery Break-down Insurance (MBD)
 Deterioration of Stock Insurance (DOS)
 Electrical Equipment Insurance (EEI)
 Boiler & Pressure Vessel Insurance (BPV)
 Contractors Plant & Machinery Insurance (CPM)
We also provide the following specialized products:
 Professional Indemnity Insurance policy
 Household Comprehensive Insurance
 Shopkeepers Insurance
 Comprehensive General Liability Insurance
 Cancellation and Abandonment Insurance for Games
Aviation
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