Company Name| :| Popular Life Insurance Company Limited| Year of Establishment| :| 2000|
Date of Incorporation| :| 26th September, 2000|
Registered Office | :| Peoples Insurance Bhaban,
36 Dilkusha C/A (3rd Floor), Dhaka – 1000.|
Authorized Capital| :| Tk. 500 Crores|
Paid up Capital | :| Tk. 20.9733 crores|
Nature of Business| :| Life Insurance Business|
Auditors| :| M.N Islam & Co.
123/4 Tejkunipara, Tejgaon, Dhaka-1215|
Adviser| :| B.M. Muzammel Haque
MEMBER OF PARLIAMENT
Central Executive Committee|
Senior Consultant | :| Md. Anis Uddin Miah
Rtd. Joint Secretary
Govt. of the People's Republic of Bangladesh|
Consultant| :| Roy Debdas
Rtd. Controller of Insurance & Chief Controller of Insurance (Incharge) Govt. of the People's Republic of Bangladesh|
Actuarial Consultant| :| Mohammad Sohrab Uddin PhD, AIA
Flat # A-4, House # 65/A, Road # 15/A
Dhanmondi R/A, Dhaka|
Re-Insurer| :| Scor Global Life Re, Singapore Branch
Asean Retakaful International (L)td., Malaysia &
Jibon Bima Corporation, Bangladesh |
Legal Adviser| :| Md. Aslam Miah
M.A, LLB, Advocate, Supreme Court of Bangladesh|
| :| Faujia Yesmin
B.A, LLB, Assistant Public Prosecutor, Dhaka Judge Court|
| :| K.M Rezaul Firoj
LLB (Hon's), LLM, Advocate, Supreme Court of Bangladesh|
| :| Mohammad Shajahan Howlader
M.A, LLB, Dhaka Judge Court|
| :| Kala Chand Saha
B.ss (Hon's), LLB, Advocate, Suupreme Court of Bangladesh
Judge Court, Patuakhali|
| Pubali Bank Ltd| Islami Bank Bangladesh |
| EXIM Bank Ltd.| Jamuna Bank Ltd.|
| Dhaka Bank Ltd.| Janata Bank Ltd.|
| Agrani Bank Ltd. | The City Bank Ltd.|
| Al-Arafah Islami Bangladesh Ltd.| Social Islami Bank Ltd. | | Bangladesh Krishi Bank | Sonali Bank Ltd. |
Board of Directors
| 01. Mr. Hasan Ahmed| :| Chairman|
| | | |
| 02. Mr. Md. Motaher Hussain| :| Vice Chairman|
| | | |
| 03. Mr. M. Fazle Taher| :| Director|
| 04. Mr. Shamsul Arefin Khaled | :| Director|
| 05. Mrs. Nurjahan Ahmed | :| Director|
| 06. Mr. Kabir Ahmed| :| Director|
| 07. Ms. Farjana Jahan Ahmed| :| Director|
| 08. Mr. Mohammed Amir Hossain Chowdhury | :| Director| | 09. Mr. Mohammed Zahirul Islam Chowdhury | :| Director| | | | |
| 10. Mr. A K M Aminul Mannan | :| Independent Director| | | :| |
| Mr. B M Yousuf Ali | :| Managing Director & CEO|
| | | |
| Mr. Mostofa Helal Kabir | :| Company Secretary|
| | | |
| Managing Director & CEO| | |
| B M Yousuf Ali | | |
| Additional Managing Director | | |
| B. M. Showkat Ali | | |
| Deputy Managing Director & CFO | | Project Director | | Kazi Md. Fazlul Karim, FCA, FCS | | Md. Nawsher Ali Nayem | | Senior Executive Director (Head of I/A)| | Md. Bashirul Islam | | Nandan Bhattacharjee| | Syed Sultan Mahmud |
| Senior Executive Director & Company Secretary| | Md. Salim Miah | | Mostofa Helal Kabir | | Md. Abu Taher |
| Senior Executive Director | | S.M Khalilur Rahman | | Syed Motahar Hossain| | Md. Kamal Hossain |
| S.M. Moniruzzaman | | Md. Shafiqul Islam Masum |
| Md. Habibur Rahman| | Mohammad Abdullah Al Mamun | | Executive Director | | Arun Chandra Nath |
| Alamger Feroj| | B.M. Shahjahan |
| Feroz Iftakher| | Syed Aminul Islam |
| Tamal Krishna Roy | | Mizanur Rahman |
| Abu Moyed Shaheen | | Sazzad Mahmud Kishor |
| Emad Uddin Ahmed Prince | | |
| | | |
| Senior General Manager| | Senior Project Incharge | | Adariny Sen Gupta| | Mohammad Anamul Haque |...
...Insurance has many ways to help us in our everyday lives. For Example:
1. Removal of uncertainties
Insurance company takes the risks of large but uncertain losses in exchange for small premium. So it gives a sense of security, which is real gift to the business man. If all uncertainty could be removed from business, income would be sure. Insurance removed many uncertainties and to that extent is profitable.
2. Stimulant of business enterpriseInsurance facilitates to maintain the large size commercial and industrial organizations. No large scale industrial undertaking could function in the modern world without the transfer of many of its risks to insurer. It safeguards capital and at the same time it avoids the necessity on the part of industrialists. They are therefore free to use their capital as may seem best.
3. Promotion of saving
Saving is a device of preparing for the bad consequences of the future. Insurance policy is often very suitable way of providing for the future. This type of policy is found particularly in life assurance. It promotes savings by making it compulsory which have a beneficial effect both for the individual and nation.
4. Correct distribution of cost
Insurance helps to maintain correct distribution of cost. Every business man tries to pass on to the consumer all types of costs including accidental and losses also. In the various fields of...
...LifeInsurance Investments in the US to 2017: Market Databook
On 5th May 2014
Lifeinsurance investment in government securities in the US is expected to value just over US$502 billion in 2017.
Timetrics ""LifeInsurance Investments in the US to 2017: Market Databook"" contains detailed historic and forecast data investments in the lifeinsurance industry in the US . This databook provides data on government securities, corporate bonds, investment funds, cash in bank/hand, other investments and total investment income.
Buy this report OR Know more : http://jsbmarketresearch.com/finance-banking/r-Life-Insurance-Investments-in-the-US-to-2017-Market-Databook-48103
This report is the result of Timetrics extensive market research covering the lifeinsurance industry in the US . It contains detailed historic and forecast data for investments. ""LifeInsurance Investments in the US to 2017: Market Databook"" provides detailed insight into the operating environment of the lifeinsurance industry in the US . It is an essential tool for companies active across the United States lifeinsurance value chain and for new players considering to enter the market.
Historic and forecast data for...
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Consumer Buying Behaviour Towards LifeInsurance Products Essays and Term Papers
1 - 20 of 1000
Consumer Buying Behavior For LifeInsurance: This report focuses on the consumer behavior and awareness of lifeinsurance towards risk security, the core product of lifeinsurance. The primary drivers of...Premium
Impact Of Persuasive Advertisements On Consumer Buying Behavior Towards Health Related Products.: | | Impact of persuasive advertisements on consumer buying behavior towards health related products. | Introduction: | | This thesis is about the study...Premium
Consumer-Buying-Behaviour-And-Effectiveness-Of-Marketing-Strategies-Adopted-For-Biscuitsby major companies. To identify different factors that influence consumer buying behaviour towards purchase of biscuits. To suggest improvements in marketing...Premium
Differentiation Of Undifferentiated LifeInsurance Products In Consumers Mindthe primary differentiation factor responsible for consumer preference 5. Experime ntation Different lifeinsurance products offered by various companies come...Premium
Consumer Buying Behaviour Of Magazines[pic] Summer Internship Report ON CONSUMER BUYING BEHAVIOUR OF MAGAZINES By...
ANALYSIS OF RISK AND RETURN TRADE OFF BY LIFEINSURANCE COMPANIES WITH SPECIAL REFERENCE TO MAJOR LIFEINSURANCE COMPANIES
SUBMITTED FOR REGISTRATIO N OF Ph.D RESEARCH WORK
R.T.M. NAGPUR UNIVERSITY
To examine the challenges faced by insurance companies today.
To study the contribution & specialty of insurance companies.
Analysis of various risks faced by insurance companies today.
To study why do these companies manage these risks and how.
To examine where and how do they make their investments
To study how do insurance companies strike a risk-return trade off
Insurance plays a crucial role in common man’s life.
Insurance companies deals with uncertainty and hence deals with various types of risks.
Risk management is necessary for all organisations.
Analysis of risk and its proper management is very necessary to strike a proper risk-return trade off in present scenario.
What is LifeInsurance?
Human life is subject to risks of death and...
...Rural Insurance in India the untapped waters
The real source of marketing promise is not wealthy few in the developing world, or even the emerging middle income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.
Rural India is where the next ‘big’ opportunity is. Indian rural market constitutes approximately 72% of total Indian population even as of date. The diverse customers spread through 638,635 villages across the states and union territories of India present a great untapped opportunity. More than half of the Indian population residing in these areas has seasonal income while the other part of the population draws irregular income.
Majority of rural population is involved in farming sector either directly or indirectly (farming, marginal farming, and marginal land laborers etc.) and the balance of the large population comprises of skilled laborers; artisans which includes carpenters, masons etc.; and small scale shop owners etc.
Looking at the spending pattern in Rural India, there is an immense scope for financial services, including insurance services.
Financial services providers like banks, mutual funds, Life & Non-Life insurers, card distributors, chit funds are aggressively...
...Underwriting is a term used by life insurers to describe the process of assessing risk, ensuring that the cost of the cover is proportionate to the risks faced by the individual concerned. People with the same or similar risk pay the same or similar premium rates.
The process of underwriting takes place when you submit your application. To assess a person’s risk, life insurers rely on information from a range of sources. If you are applying for a policy that is underwritten, as a minimum you will be asked to complete an application form and a medical questionnaire.
Approximately 93% of applicants that go through the underwriting process will not experience any difficulty and will end up paying the standard premium rates for their lifeinsurance.
People who have a higher risk of developing chronic illness or who work in high risk occupations are usually required to complete additional forms and may be asked to pay an extra premium to cover this risk. This only happens to a low proportion of applicants. And an even smaller number may not be eligible for cover at all.
Remember, if you have access to insurance through your super or through your employer, the insurance company may decide not to assess the risks for every individual in the policy. Instead they may spread the risk across everyone in the group. This is called a ‘Group Policy’....
...Market Research for
IFFCO-TOKIO General Insurance
1. To know the knowledge of consumer in the sector of General
Insurance in Bulandshaher District.
2. To know the difference between General Insurance and Medical Insurance in consumers’ mind
3. To know the preferences of the insurance companies
4. To know the needs of the consumers from any insurance companies and the unmet needs
Note: Suggest Promotional Activities on the basis of research
REPORT ON VOX-POP FOR IFFCO-TOKIO: -
• Rural mindset for Insurance policy is only benefited after long being time as a fixed deposit or money generator; even they don’t know exactly what the insurance is.
• Basically people have known about LIC policies but few of them have Fasal Bima, Pasu Dhan Bima & Vahan Bima. Some of them were well aware about the co. from where their Vahan Bima is.
• Major competitor as per result is LIC, OBC, Reliance and BAJAJ ALIANCE.
• Known well about IFFCO as a fertilizer Co. who looks after kissans always, but not able to fulfill the fertilizer needs as of shortage in availability. Even they said “IFFCO ne khad boht achi kiya, sabse badiya hai magar woh jaldi mil hi nhi pati hai”
• Only 1 old man know about IFFCO insurance policy as he told that he got the information from the Newspaper advertisement....
...Insurance Development & Regulatory Authority Bangladesh
List of Insurance Companies in Bangladesh
| LIST OF NON-LIFEINSURANCE COMPANIES 1. Agrani Insurance Company Ltd. 2. Asia Insurance Ltd. 3. Asia Pacific Gen Insurance Co. Ltd. 4. Bangladesh Co-operatives Ins. Ltd. 5. Bangladesh General Insurance Co. Ltd. 6. Bangladesh NationalInsurance Co.Ltd. 7. Central Insurance Company Ltd. 8. City Gen. Insurance Company Ltd. 9. Continental Insurance Ltd. 10. Crystal Insurance Company Ltd. 11. Desh Gen. Insurance Company Ltd. 12. Eastern Insurance Company Ltd. 13. Eastland Insurance Company Ltd. 14. Express Insurance Ltd. 15. Federal Insurance Company Ltd. 16. Global Insurance Ltd. 17. Green Delta Insurance Co. Ltd. 18. Islami Commercial Insurance Co. Ltd. 19. Islami Insurance Bangladesh Ltd. 20. Janata Insurance Company Ltd. 21. Karnaphuli Insurance Company Ltd. 22. Meghna Insurance Company Ltd. 23. Mercantile Insurance Company Ltd. 24. Nitol Insurance Company Ltd. 25. Northern Gen.Insurance Company Ltd. 26. Peoples...