DSE: 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.
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 |