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Progressive Life Insurance Company Limited (Bangladesh)

Main Activities: Direct Life Insurance Carriers
Full name: Progressive Life Insurance Company Limited Profile Updated: September 05, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Progressive Life Insurance Company Limited is a company based in Bangladesh, with its head office in Dhaka. It operates in the Direct Life Insurance Carriers industry. Progressive Life Insurance Company Limited was incorporated on April 03, 2026. It currently has a total number of 486 (2023) employees. There was a net sales revenue drop of 18.02% reported in Progressive Life Insurance Company Limited’s latest financial highlights for 2023. During that time, Progressive Life Insurance Company Limited’s total assets decreased by 2.76%.

Headquarters
National Scout Bhaban (6,7 8Th Floor), 70/1 Inner Circular Road, 60, Anjuman Mufidul Islam Road,Kakrail, P.O Box No. 2376
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.progressivelife.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 03, 2026
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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61.18%
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38.82%
Company Performance
Financial values in the chart are available after Progressive Life Insurance Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
-18.02%
Operating Profit
41.76%
Net Profit/Loss for the Period
46.85%
Total Assets
-2.76%
Investments
0.21%
Total Equity
0%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
210.14%
Loss Ratio
56.02%
Underwriting Expenses Ratio
5.97%

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