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Global Insurance profit rises 95% in Jan-Sep

Global Insurance profit rises 95% in Jan-Sep
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Global Insurance PLC’s net profit after tax rose 95 per cent year on year to Tk7.82 crore in the first nine months of 2026, from Tk4.01 crore a year earlier, as underwriting profit more than doubled.

The non-life insurer’s earnings per share (EPS) increased to Tk1.93 for January–September, compared with Tk0.99 in the same period of 2025, according to its unaudited consolidated financial statement.

Underwriting profit climbed to Tk8.21 crore from Tk4.09 crore, while investment and other income rose to Tk5.83 crore from Tk4.93 crore. Net profit before tax consequently increased to Tk11.64 crore from Tk5.79 crore.

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The improvement was also reflected in the July–September quarter. Net profit after tax rose 42.7 per cent to Tk1.84 crore from Tk1.29 crore in the same quarter last year, while EPS increased to Tk0.45 from Tk0.32.

আরও পড়ুন

For the nine-month period, the insurer reported net premium income of Tk25.50 crore, down from Tk43.88 crore a year earlier. Management expenses also declined to Tk21.34 crore from Tk36.51 crore.

Global Insurance’s net asset value per share stood at Tk15.76 on 30 September 2026.

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Its shares closed 0.48 per cent lower at Tk41.50 on the Dhaka Stock Exchange on Sunday.

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