Bangladesh · Delayed Price · Currency is BDT Mercantile Islami Insurance Company Description
Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh.
It operates through four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire and allied perils, industrial all risks, power plant, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, and aviation insurance.
It also provides miscellaneous insurance, such as burglary, all risk, cash-in-safe, cash-in-transit, cash-in-premises, cash-on-counter, cash-in-atm, public liability, personal accident, workmen's compensation, air travel, employer’s liability, fidelity guarantee, product liability, third-party liability, operational package, poultry, and business interruption insurances, as well as people's personal accident policy and deterioration of stock.
The company was formerly known as Mercantile Insurance Company Limited and changed its name to Mercantile Islami Insurance PLC in May 2023.
Mercantile Islami Insurance PLC was founded in 1996 and is headquartered in Dhaka, Bangladesh.
| 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 |