Company · Analysis · 29 Oct 2026
Bangladesh National Insurance: rising profit, carried by interest, with 57% of its deposits in one bank
A Meghna Group general insurer whose pre-tax profit has risen every year since 2016. In 2025 investments supplied 85% of it while underwriting profit fell; nine-month 2026 underwriting profit doubled after agency commission ended.
What it is. Bangladesh National Insurance PLC (DSE: BNIPLC; traded as BNICL until 12-Oct-2026) is a general (non-life) insurer incorporated on 21-May-1996 that listed on the DSE and CSE through an IPO on 21-Apr-2016. It writes fire, marine cargo, marine hull, motor and miscellaneous business;…