Sunday, 5th April 2026
Khabor Wala Desk
Published: 27th January 2026, 10:35 PM
Zenith Islami Life Insurance PLC, one of Bangladesh’s fast-growing Shariah-compliant life insurers, recorded a landmark year in 2025, posting robust growth across premium income, new business acquisition, life fund accumulation, investments and claims settlement. The company’s performance reflects a combination of disciplined management, customer confidence and a clear commitment to ethical Islamic insurance principles.
During the year under review, Zenith Islami Life achieved a sharp rise in total premium income, alongside notable expansion in its customer base and product portfolio. Management described the results as evidence of the company’s sustainable growth strategy and its ability to translate trust into tangible business outcomes.
In 2025, the insurer generated total premium income of Tk 469.0 million, compared with Tk 331.8 million in 2024, marking a year-on-year growth of 40.72 per cent. The strongest driver of this expansion was first-year or new premium income, which rose by an impressive 78.23 per cent to Tk 241.0 million from the previous year.
This surge highlights the company’s success in attracting new policyholders, widening its sales network and diversifying its range of Shariah-compliant products. Single policies contributed Tk 23.0 million, while group and health insurance products added Tk 20.3 million in premium income. Overall, total first-year premium income reached Tk 284.0 million in 2025, up from Tk 161.7 million in 2024, representing a growth of 75.81 per cent.
Renewal premiums, a key indicator of policy retention and customer satisfaction, also showed steady progress. In 2025, renewal premium income stood at Tk 182.6 million, reflecting a 7.36 per cent increase over the previous year.
Alongside revenue growth, Zenith Islami Life maintained tight control over operating costs. Total management expenses amounted to Tk 321.8 million, while excess expenditure over the approved limit was reduced by 0.61 per cent, underscoring improved financial discipline and operational efficiency.
The company set a strong benchmark in claims settlement, paying 99.54 per cent of all claims lodged during the year. Of total claims amounting to Tk 97.2 million, Tk 96.8 million was settled. This represents an improvement from the 98.13 per cent settlement ratio achieved in 2024, reinforcing the insurer’s reputation for reliability and customer-centric service.
Zenith Islami Life’s life fund expanded by 29.47 per cent in 2025, with Tk 76.7 million added during the year, strengthening long-term security for policyholders. Total investments also rose by Tk 32.0 million, indicating an annual growth of 8.61 per cent, driven by prudent Shariah-compliant investment management.
| Indicator | 2024 | 2025 | Growth |
|---|---|---|---|
| Total premium income (Tk million) | 331.8 | 469.0 | 40.72% |
| First-year premium (Tk million) | 161.7 | 284.0 | 75.81% |
| New premium collection (Tk million) | – | 241.0 | 78.23% |
| Renewal premium (Tk million) | 170.2* | 182.6 | 7.36% |
| Claims settlement ratio | 98.13% | 99.54% | +1.41 pp |
| Life fund growth | – | 29.47% | — |
*Approximate based on disclosed growth rate.
Commenting on the results, Chief Executive Officer S M Nuruzzaman said the 2025 performance reflected the company’s long-term vision, skilled workforce and customer-focused strategy. He emphasised that near-total claims settlement demonstrated Zenith Islami Life’s commitment to trust and transparency. He also noted that teachers, students and guardians from eight public and private universities are now covered under the company’s group insurance schemes, a milestone achieved through prompt and quality service.
Looking ahead, the management reaffirmed its pledge to sustain growth, uphold ethical insurance practices and strengthen its position as a leading Shariah-based life insurer in Bangladesh.
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