Two Listed Non-Life Insurers Declare Cash Dividends

Two non-life insurance companies listed on the Dhaka Stock Exchange (DSE)—Bangladesh National Insurance Company Limited and Central Insurance Company Limited—have announced cash dividends for the financial year ended 31 December 2025. Financial disclosures indicate that whilst both corporate entities achieved growth in earnings, they exhibited contrasting net operating cash flow performances during the same period.

Bangladesh National Insurance Company Limited

Bangladesh National Insurance Company has recommended a 22% cash dividend for the 2025 financial year. To approve this dividend, the insurer has scheduled its Annual General Meeting (AGM) for 23 June 2026, which will be conducted via a digital platform. The record date for determining shareholders’ eligibility for the dividend was set for 13 May 2026.

During Thursday’s trading session on the DSE, the company’s share price fell by 1.66%, closing at Tk 70.90. Despite this market depreciation, the insurer reported improved profitability and asset growth for 2025. Its Earnings Per Share (EPS) advanced to Tk 4.81, up from Tk 4.19 in the preceding year. Concurrently, the Net Asset Value (NAV) per share climbed to Tk 31.26 from Tk 28.45. Conversely, the Net Operating Cash Flow Per Share (NOCFPS) witnessed a sharp decline, dropping to Tk 4.10 from the Tk 6.71 reported in 2024, indicating a reduction in cash generation from its core business operations.

The corporate portfolio of Bangladesh National Insurance Company spans several general insurance segments, including fire, motor, marine, engineering, personal accident, contractor all risk, industrial all risk, and health insurance.

Central Insurance Company Limited

Central Insurance Company has proposed a 12% cash dividend for the identical financial year. The firm’s AGM is scheduled to take place on 18 June 2026 through a digital platform, with the record date for shareholder entitlements finalised for 20 May 2026.

The insurer’s share price on the DSE experienced a marginal decline of 0.25%, settling at Tk 40.40 at the close of Thursday’s trading. The financial results for 2025 revealed modest but stable growth. The firm’s EPS edged upwards to Tk 1.87 from Tk 1.85 in the prior year, whilst its NAV per share increased to Tk 50.69 from Tk 50.17. In contrast to Bangladesh National Insurance, Central Insurance registered an improvement in liquidity, with its NOCFPS rising to Tk 1.64 from Tk 1.50 a year earlier.

Central Insurance Company provides a diverse range of insurance products, comprising fire, marine cargo, marine hull, engineering, motor, liability, aviation, overseas mediclaim, and other miscellaneous offerings.

Financial Performance Comparison (FY 2024 vs FY 2025)

The following table presents a structured comparison of the financial indicators and event schedules for both insurers based on their official declarations:

Market Analyst Observations

Financial analysts noted that both institutions maintained operational stability, evidenced by steady growth in EPS and NAV metrics. However, they observed that the diverging trends in cash flow necessitate closer examination of liquidity positions, particularly concerning Bangladesh National Insurance Company. The analysts added that although corporate earnings remain positive, consistent cash generation is essential for evaluating long-term financial robustness.