Asia Pacific General Insurance Company Limited is one of the leading private sector’s Non-Life Insurance Company in Bangladesh and was established & incorporated as a Public Limited Company on November 17, 1999. The Company obtains registration from Insurance Development and Regularity Authority (Former Chief Controller of Insurance) on May 4, 2000 and started business operation in the middle of 2000 A.D. with a view to provide maximum security at a minimum cost and prompt settlement of Claims to its Clients.
Mr. Aftab ul Islam, FCA a renowned business personality is the Chairman and leading the Company with his profound knowledge, expertise and prudent advice. There are 16 member of board of Directors of the Company whom are highly successful businessman industrialists and professionals in Bangladesh.
The current paid-up capital of the company is TK. 42.35 crore. The Company open branches in almost all the renowned business centers in Dhaka city and other districts of the Country and established a network all over the country to provide prompt services to wider group of clientele to their best satisfaction.
The Company has extensive Re-insurance treaty agreement up to any amount with Shadharan Bima Corporation (SBC) through surplus, CAT XL and facultative Re-insurance treaty. Under these agreement the Company are in position to underwrite any amount of business with confidence to meet the various needs of its valued Clients.
Settlement of Claims is the prime object of the Company. Prompt settlement of claims is avowed motto under which the Company became a symbol of trust and security through efficient and dedicated services to its insured and stakeholders. Normally the Company settles claims within a shortest possible time subject to receive of required documents and assessment from the surveyors.
Summary of Company Information:
Legal Form | : Public Limited Company |
Nature of Business | : All kinds of Non-life Insurance Business |
Certificate of Incorporation | : C-39092(1050)/99, dated 17/11/1999. |
Certificate of Commencement | : 17/11/1999 |
Company Registration No | : CCI-13/28/99-809 & IDRA-CRR-44/2011 |
Public Issue | : August 25, 2005 |
Listed with Dhaka Stock Exchange | : January 08, 2006 |
Listed with Chittagong Stock Exchange | : Octorber 10, 2005 |
Stock Market Category | : “A” |
Authorized Capital | : 100, 00, 00,000/- (100 Crore) |
Paid-up Capital | : 42,35,00,000 /- (42.35 Crore) |
Tax Payer’s Identification Number (TIN) | : 720880658798 |
VAT Registration Number | : |
Auditor | : Mahfel Huq & Co |