Comprehensive Analysis of
Corporate and Financial
Performance of
Insurance and
Pharmaceuticals Companies
of Bangladesh
Title of the project:
Comprehensive Analysis of Corporate and Financial Performance of
Insurance and Pharmaceutical Companies of Bangladesh
Supervisor:
Rana Mazumder
Assistant Professor
School of Business & Economics
United International University.
Submitted by:
Nighat Fatema Tisha
Id – 111 131 537
Dept- BBA
Date of submission: 09th July, 2018
Comprehensive Analysis of Corporate and Financial
Performance of Insurance and Pharmaceutical
Companies of Bangladesh
Letter of Acknowledgement
At first, I like to express my deepestigratitude to Allah for giving me the strength and the
composure to finish the task within the scheduled time.
I would also like to express my gratitude from the core of my heart to my heart to my Mentor
Rana Mazumder Sir Assistant Professor of iSchool of Business & Economics at United
International University, who helped me inicoordinating my entire project. Hisiconsistent support
and cooperation showed the way towards the successfulicompletion of project.
And finally, I like to say that I have triedihard and soul to prepare this report accurately.
However, there might be someierrors and silly mistakes due to my aptitude and timeiconstraint.
In this regard, I seek your kind consideration and I’m in thei process of learning.
Letter of Transmittal
To
Rana Mazumder
Assistant Professor
School of Business & Economics
United International University
Subject: Letter for calming the originally of the report.
Dear Sir,
It’s my pleasure to submit you my project report on “Comprehensive Analysis of Corporate and
FinancialiPerformance of Insurance and Pharmaceutical Companies of Bangladesh.”
I herebyideclare that this project report has not been submitted by me before, for any degree,
diploma, title or recognition.
I haveigreat hope that, the report will meet your expectation and aid you in getting a clearer idea
aboutithe subject. Please do call me for anyiclarification regarding the report, if required.
Sincerely,
_________________
Nighat Fatema Tisha
Id – 111 131 537
Dept- BBA
Executive Summary
This report isibased on financial statement of 2015, 2016 & 2017 of Insurance and
Pharmaceuticals Company Limited listed in DSE. Itiwas a great opportunity to
experience and gather knowledge different types of insurance operations. Myifaculty
supervisor helped meito choose the topic “Comprehensive Analysis of Corporate &
Financial Performance of Insurance & Pharmaceuticals Companies of Bangladesh”.
Insurance: In the new competitive business era, Insurance sectoriis getting more
competitive in Bangladesh. In this sector the most used financialistatements are the
balance sheet and find various terms in Insurance Company. Insurance sector plays a
pivotal role in theieconomic development of the country. In this report Iiwas work 47
listed company in DSE. Here Iiwas finding the terms and fill the balance sheet. I found
the term in balance sheet, incomeistatement, and cash flow statement.
Pharmaceuticals:
The pharmaceuticals industrybis one of the most technologically advanced sectors
currently in existence in Bangladesh. Itbhas grown in the last two decades at a
considerable rate. Theiskills knowledge of the professionals and innovative ideas of the
people involved in this industry arebthe key factors of this development. About 29
pharmaceuticals companiesbare operating at the moment. Only 3% of the drugsbare
imported, the remaining 97% come from local companies. Positive developmentsbin the
pharmaceuticals sector have enabled Bangladesh to export medicine to global markets.
By overcoming thebunderlying obstacles this sector can be an effective exporting sector
of Bangladesh.
Table of Content:
1. Introduction……………………………….. 1
2. Objective of the report……………………. 3
3. Methodology………………………………. 4
4. Limitations………………………………… 5
5. Scope……………………………………….. 6
6. Literature Review…………………………. 8
7. Financial Performance of Insurance Company.. 8
8. Financial Performance of Insurance Company.. 10
9. Corporate Governance in Insurance Company...11
10. Role & Responsibilities…………………………..16
11. Executive Management…………………………..16
12. Industry Overview………………………………..17
13. Analysis and Findings…………………………….19
14. Recommendation………………………………….23
15. Conclusion…………………………………………25
16. References…………………………………………26
1.1 Introduction:
The report topic is “Comprehensive Analysis of Corporate Affairs & Financial
Performance of Pharmaceuticals & Insurance Companies of Bangladesh.” Only 76
companies (Insurance 47 & Pharmaceuticals 29) are here. All companies are listed from
Dhaka Stock Exchange.
Insurance:
Insurance is a system of spreading thebrisk of one to the shoulders of many. It isba
contract whereby the insurers, on receipt of a consideration knownias premium agree to
identify the insured against out of certain specifiedaunforeseen contingencies or perils
insured against. Insurance is not a new business in Bangladesh. Almost a century back,
duringaBritish rule in India, somebinsurance companies started transacting business
gained momentum in East Pakistan during 1947-1971, when 49ainsurance companies
transacted both life andageneral insurance scheme. Thereawere mostly limited liability
companies. Some of these companiesiwere specialized in dealing in a particular class of
