Bangladesh

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Bangladesh Insurance Association
Web: http://www.bia-bd.org/

POPULATION, 2011-2014 (1)

Year Population
2011 158,570,535
2012 161,083,804
2013 163,654,860
2014 166,280,712

(1) Estimated.

Source: U.S. Central Intelligence Agency.

GROSS DOMESTIC PRODUCT, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 $242.2
2011 259.3
2012 282.5
2013 324.6
2014 535.6

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

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LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $349
Life premiums 966
Total premiums $1,315
Percent of total world premiums 0.03%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company BDT Mn USD Mn
Green Delta Insurance Co Ltd  2,650.0 34.2
Pioneer Insurance Co Ltd  2,100.0 27.1
Reliance Insurance Ltd 2,020.0 26.0
Pragati Insurance Ltd  1,350.0 17.4
Continental Insurance Ltd  700.0 9.0
Rupali Insurance Co Ltd  700.0 9.0
Eastland Insurance Co Ltd  684.3 8.8
Bangladesh Gen Ins Co Ltd  650.0 8.4
Nitol Insurance Co Ltd 605.0 7.8
Phoenix Insurance Co Ltd 600.0 7.7

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2014

 

  Gross written premiums
Company BDT Mn USD Mn
MetLife Alico  19,213.0 247.6
Fareast Islami Life  7,657.0 98.7
National Life  7,311.0 94.2
Popular Life  6,623.0 85.3
Delta Life  5,090.0 65.6
Meghna Life  4,513.0 58.2
Prime Islami Life  2,265.0 29.2
Sandhani Life  2,226.0 28.7
Rupali Life  1,753.0 22.6
Pragati Life  1,657.0 21.4

Source: Axco Insurance Information Services.

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