Reliance Insurance declares 25pc cash dividend

Shareholders have approved 25 per cent cash dividend for 2021 at the 34th annual general meeting of Reliance Insurance held virtually on Wednesday.

Shahnaz Rahman, chairman of the board of directors, presided over the meeting, said a press release.

During 2021, the company achieved a gross premium income of Tk 3,140.35 million whereas it was Tk 2,931.92 million in the previous year. It earned a pre-tax profit of Tk 836.86 million. Two new directors from among public shareholders, Sabra Yasmin Chowdhury and Srimati Shaha, were elected.

The board now comprises Rajiv Prasad Shaha (chairman), Shamsur Rahman (vice-chairman), Shahnaz Rahman, Zakia Rouf Chowdhury, Samira Alam, Arshad Waliur Rahman, Imran Faiz Rahman, Iftekharul Huq, Sabra Yasmin Chowdhury, Abdullah Al Mamun, Amiran Hossain, Srimati Shaha, Shahzreh Huq, Md Habibur Rahman Molla, Azizur Rashid, Anis-uz-Zaman Khan, Prof Mohammad Abdullah and Md Khaled Mamun (chief executive officer).