Eastland Insurance Company Limited

13, Dilkusha C/A Dhaka-1000

Telephone : +8802-9564600 9562710
Fax : +8802-9565706
E-mail : info@eiclbd.com
Website : www.eastlandinsurance.com


Eastland Insurance Co., Ltd. started its journey as one of the first generation General Insurance Companies in the private sector from 05 November 1986. Eastland was listed as a public company with Dhaka Stock Exchange (DSE) in 1994 and its Tk. 30 million shares with 40% premium were over-subscribed by more than 12 times! Ever since, its performance remained steady with continuous growth. The total asset of the Company is over Tk. 1900 million having a reserve base of about Tk. 760 million and investment portfolio of Tk. 803 million. The company has so far settled claims amounting to Tk. 1879 million and has been paying ‘double digit’ dividends to its shareholders ever since its inception plus stock bonus from time to time. The fundamental principle followed by the company from the very inception was to maintain the dynamism in its business policy as well as a competitive edge in the market through service innovation and obtaining best bargain from the global market of re-insurance. Eastland has been offering a comprehensive range of insurance packages from its 25 branches throughout Bangladesh, which includes Fire, Marine, Hull, Motor, Industrial All Risk, Engineering, Aviation, Contractor’s All Risks (CAR), Overseas Mediclaim Scheme and Miscellaneous Risks. Eastland has the credit of being insurer to a host of clients ranging from distinguished individuals to big trading firms, Corporate, Banks and Financial Institutions as well as large national and multi national companies. Eastland Insurance has always been quite conscious in its Corporate Social Responsibility (CSR). Apart from several contributions to social cause, it has provided educational scholarships to the needy & deserving students, provided Medical Equipments to Hospitals, extended donations to the Prime Minister’s Relief Fund and contributed towards the victims of RANA PLAZA disaster. Eastland also provided support to the local burn victims of Nimtoli fire and Earthquake victims of the Republic of Nepal. The Credit Rating Information and Services Limited (CRISL) have affirmed “AA” Credit Rating to Eastland for three consecutive years. The Institute of Cost and Management Accountants of Bangladesh (ICMAB) awarded Eastland with the “Best Corporate Award” in the General Insurance sector for last three consecutive years. Eastland was also awarded “Certificate of Merit” by the Institute of Chartered Accountants of Bangladesh (ICAB) for the “Best presented Annual Report 2013” as a mark of recognition of Excellence in the General Insurance Sector. The company stepped into 30 years of its successful operation on the 5th of November, 2015 and has by now attained the height of sound financial strength and enviable goodwill, thus being categorized among the ‘Top-ten’ in the general insurance sector. The management of the company is a combination of astute executives with wealth of experience as well as young and dynamic leaders of today; to meet the challenges of tomorrow. The company is living up to its promised slogan: The name you have learnt to Trust by upholding its personalized services in both Sunny & Rainy days! As such, Eastland’s name has been embedded in the hearts of thousands of its clients. Trade Organizations Banks Leasing & Investment Insurance Law Firms National Companies Multinational Companies

Get in Touch

Contact Address
Suvastu Tower (6th Floor)
69/1, Panthapath, Dhaka 1205,
Bangladesh

Tel: +880-2-9676698, 9641286
Fax: +880-2-9641287
E-mail: info@iccbangladesh.org.bd

Website: www.iccbangladesh.org.bd