Eastland Insurance Company Limited 

Eastland Insurance Company Limited (EICL), a first generation nonlife insurance company was incorporated on November 5, 1986 as a public limited company under the Companies Act 1913 (at present 1994) with the vision to be one of the Par excellence non-life insurance companies in Bangladesh. It obtained the Certificate of Registration for carrying on insurance business from the Chief Controller of Insurance on November 22, 1986. The company started its business with a paid up capital of Tk. 30.00 million against authorized capital of Tk. 100.00 million being sponsored by a group of renowned business personalities and reputed industrialists of the country having involvement in diversified business.

Meanwhile, both authorized and paid up capital of the company have been enhanced to Tk. 1000.00 million and Tk. 814.37 million respectively as on December 31, 2020. EICL floated Initial Public Offerings (IPO) in 1994. The shares of the company are listed with both the bourses of the country under “A” category issue. EICL, awarded by CRISL AA+ credit rating. The Company has been operating its business with a network of 27 branches in different key point of the country. The company earned gross premium of Tk. 1,035.32 million in 2019 against Tk. 1,114.62 million in 2018 Head Office of the company is located at 13, Dilkusha C/A, Dhaka-1000.