Mercantile Islami Insurance PLC (DSE: MERCINS)
Bangladesh flag Bangladesh · Delayed Price · Currency is BDT
30.40
+0.90 (3.05%)
At close: Sep 12, 2024

MERCINS Company Description

Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh.

The company operates through four segments: Fire, Marine, Motor, and Miscellaneous. It offers fire and allied perils, industrial all risks, power plant, property damage all risks, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, motor liability, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, electronic equipment, and aviation, as well as health insurance, including overseas mediclaim insurance.

It also provides miscellaneous insurance, such as burglary and house breaking, money, cash-in-safe, cash-in-transit, cash-in-premises, cash-on-counter, cash-in-atm, workmen's compensation, personal accident, general/public liability, ATM Booth, all risks, people's personal accident, bank locker, air travel insurance, employer’s liability, fidelity guarantee, product liability, third-party liability, operational package, poultry, and business interruption insurances.

The company was formerly known as Mercantile Insurance Company Limited and changed its name to Mercantile Islami Insurance PLC in May 2023.

The company was incorporated in 1996 and is headquartered in Dhaka, Bangladesh.

Mercantile Islami Insurance PLC
Country Bangladesh
Founded 1996
Industry Insurance Carriers
Employees 324
CEO Firoz Ahmed

Contact Details

Address:
Red Crescent House
Dhaka, 1000
Bangladesh
Phone 880 2 2233 87662
Website miiplc.com

Stock Details

Ticker Symbol MERCINS
Exchange Dhaka Stock Exchange
Fiscal Year January - December
Reporting Currency BDT
SIC Code 6300

Key Executives

Name Position
Firoz Ahmed Chief Executive Officer
Md. Salam Chief Financial Officer
Nazma Akter Head of Investor Relations