Mercantile Islami Insurance PLC — Company profile

Insurance Carriers · Bangladesh

Last price 41.7 BDT (At close: Oct 28, 2026) · Market cap 1.82B

Latest research: Mercantile Islami Insurance financial analysis: 2025 combined ratio 110.7%, fire net claims Tk 181.7m (Oct 2026) · Mercantile Islami Insurance: fire claims of Tk 181.7m, combined ratio 110.7% and 2025 EPS Tk 1.65

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Company profile

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, as well as overseas Mediclaim insurance. It also provides miscellaneous insurance, such as burglary and housebreaking, all risk, cash-in-safe, cash-in-transit, 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, bank locker, 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 incorporated in 1996 and is headquartered in Dhaka, Bangladesh.

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