Company · Analysis · 29 Oct 2026
Provati Insurance: fire lost money two years running, 2024 underwriting margin hit a ten-year low, and H1 2026 premium rose 34%
A Dhaka general insurer that writes mostly fire and marine cargo. 2024 profit fell 10.4% to Tk 79m with a 91.4% combined ratio and Tk 424.6m due from the state reinsurer; 2025 EPS was Tk 1.73 and H1 2026 profit rose 43%.
What it is. Provati Insurance PLC (DSE: PROVATIINS; the name changed from Provati Insurance Company Limited with effect from 20-Nov-2025) is a Dhaka general insurer with 40,312,237 shares of Tk 10. In 2024 it wrote Tk 1,140.1m of gross premium: 45.9% marine (cargo and hull),…