Eastland Insurance Company Limited has officially approved a 10 per cent cash dividend for its public shareholders for the financial year ended 31 December 2025. The announcement was finalised during the firm’s 39th Annual General Meeting (AGM), which was conducted virtually via a digital platform. The decision to disburse the dividend received unanimous approval from the participating shareholders, reflecting continued confidence in the company’s strategic direction.
Mahbubur Rahman, Chairman of Eastland Insurance, presided over the virtual annual assembly. A significant number of directors and general shareholders attended the online session, alongside the Chief Executive Officer, Mohammad Selim. During the proceedings, the shareholders reviewed and formally adopted the Board of Directors’ report and the audited financial statements for 2025. The assembly also granted formal approval for the appointment of statutory financial auditors and corporate governance compliance auditors for the current financial year ending December 2026, whilst establishing their remuneration.
Addressing the shareholders, Mahbubur Rahman highlighted the severe macroeconomic challenges that shaped the previous operational year. He noted that the domestic economy has experienced considerable contraction, heavily impacted by global economic downturns and geopolitical conflicts. Disruptions in global supply chains and rising inflationary pressures have created an incredibly challenging environment for the local insurance industry.
Despite these adverse market conditions, Eastland Insurance maintained operational resilience, securing a gross premium income exceeding 969 million taka (96.90 crore taka) in 2025. Financial analysts view this achievement as a testament to the company’s robust underwriting discipline and prudent risk management strategies during volatile times.
Settling insurance claims remains the primary metric for evaluating reliability in the non-life insurance sector. The Chairman emphasised Eastland Insurance’s historical commitment to its policyholders, revealing that the company has settled aggregate insurance claims worth over 4.36 billion taka (436.40 crore taka) from its inception up to the end of 2025. The timely settlement of these claims has played a crucial role in maintaining customer loyalty and sustaining the institution’s market reputation amidst broader economic uncertainty.