Company · 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.
Sonali Life Insurance Company Limited (Sonali Life) is a Bangladeshi life insurer incorporated in July 2013 and registered with the Insurance Development and Regulatory Authority (IDRA) the same month. It listed on the Dhaka and Chittagong stock exchanges after a public issue in June 2021.…