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Company valuation reports, peer comparisons, results notes, industry reports and macro views, built from company filings and official data and independently reviewed before publishing. Company reports show their full model as view-only sheets. Facts and estimates, not investment advice.

2 articles.

Company · DSE:SONALILIFE · Life insurance · Analysis · 29 Oct 2026

Sonali Life Insurance: a young life fund of BDT 9.0bn now paying out maturities of BDT 2.9bn a year, with BDT 1.1bn of legacy receivables in court

Gross premium rose 8.3% to BDT 8.66bn in 2025 and the life fund grew 11.3% to BDT 8.96bn, but maturity claims reached BDT 2.86bn and the fund fell by BDT 40.0m in Q3 2026. BDT 5.31bn sits in one product with five banks, BDT 3.89bn of it at one bank. A BDT 1,098.4m receivable from before 2023 is unreconciled and under legal recovery.

Company · DSE:POPULARLIF · Life insurance · Analysis · 29 Oct 2026

Popular Life Insurance: a life fund that has shrunk from BDT 22.9bn to BDT 13.8bn as maturities outrun a falling premium book

Gross premium fell to BDT 5.01bn in 2025, back to its 2017 level, while maturity claims of BDT 4.20bn took claims to 90.3% of premium. The life fund fell in 6 of the last 8 years and the Q3 2026 deficit of BDT 1,320.6m took it to BDT 13.82bn. EPS fell to BDT 1.47; the board kept a 20% cash dividend. The auditor qualified the 2025 accounts over cash commission payments and outstanding premium.