Guardian Life declares 15% cash dividend

Guardian Life Insurance Limited has approved a 15% cash dividend for the financial year 2021.

Guardian Life Insurance, a fourth-generation life insurance company sponsored by Apex, BRAC and Square, recently received approval at their 9th Annual General Meeting (AGM). The company has been consistently growing and performing well in all financial indicators since its establishment in 2013.

In 2019, the company distributed an 85% stock dividend to its shareholders, which shows its commitment to delivering value to its shareholders. The press release highlights the company’s impressive performance, growth and development.

This is a significant milestone for Guardian Life Insurance and demonstrates its commitment to providing quality life insurance services to customers. With its experienced team, innovative products, and outstanding performance, Guardian Life Insurance is poised to continue its growth trajectory and make a significant impact in the industry.

Guardian Life has a strong financial foundation, as evidenced by its Aa3 credit rating from the Credit Rating Agency of Bangladesh (CRAB). The company has also made significant investments worth Tk334 crore and maintained a remarkable Compound Average Growth Rate (CAGR) of 23% in its life fund, 18% in gross premium, and 25% in assets.

Guardian Life is known for its honesty and quickness in resolving claims, with a total accumulated amount of Tk1,000 crores and a remarkable claim payout ratio of 97%. These are just a few of the notable achievements that highlight the company’s stability and reliability.