Company · Analysis · 29 Oct 2026
Sandhani Life Insurance: the life fund shrank for eight years to 2024 and grew 2.3% in 2025; the 12% dividend took all of the surplus
Gross premium grew 1.1% to BDT 2,468m in 2025 while first-year premium fell for a third year; claims dropped to 73.7% of premium, the yield on the fund was 7.01%, the lowest in ten years, and EPS was BDT 1.20, equal to the cash dividend. The stock trades at 18.5x EPS and 1.23x NAV.
Sandhani Life Insurance Company Ltd. (SLIC) was incorporated on 23-Jan-1990 and sells ordinary life, Islami (Takaful) life, group term and hospitalisation insurance; it also runs micro life schemes under the names IDPS, GIDPS, DPS, GDPS and GSB. Its shares are listed on the Dhaka and…