The 453rd meeting of the Board of Directors of People’s Insurance PLC was held on last Thursday at the company’s head office. The meeting was presided over by Chairman Zafar Ahmed Patwari.
The Board approved the audited financial statements for the year ended December 31, 2025, as recommended by the Audit Committee.
Board declared a 10.50% cash dividend for the year, amounting to Tk 4.85 crore, equivalent to Tk 1.05 per share, says a press release.
The remaining profit will be transferred to reserves and future investment funds in compliance with regulatory requirements.
According to the financials, the company reported a profit after tax of Tk 19.37 crore for 2025, compared to Tk 13.11 crore in the previous year. Earnings per share (EPS) stood at Tk 4.19, up from Tk 2.84 a year earlier.
Among others, Vice-Chairman Md. Anwarul Haque, Directors Amir Humayun Mahmud Chowdhury, Mr. Mohammad Ali Hossain, Farhad Ahmed Akand, Kabir Ahmed, Mrs. Farzana Jahan Ahmed, Saiful Arefin Khaled, Mohammad Mahbubur Rahman Patwari, Md Azizul Haque, Dr. Jotsna Ara Begum, Mohammad Mizan Victor Mohsin and Nuved Mizan Iqbal attended the meeting. Independent Directors Dilshad Ahmed, Rubaiyat Ara FCA and MM. Sarwar were also present. The company’s Consultant, Chief Executive Officer, Chief Financial Officer, Company Secretary and Head of Internal Audit and Compliance were in attendance.
The company’s net asset value (NAV) per share rose to Tk 37.95 in 2025 from Tk 34.81 in 2024. Net operating cash flow per share (NOCFPS) also improved to Tk 5.24, compared to Tk 3.66 in the previous year.
The Board announced that the 41st Annual General Meeting (AGM) will be held on June 24, 2026, through a digital platform. The Board of Directors’ Report for 2025 was also approved.
In addition, the Board approved the unaudited financial statements for the first quarter (January�"March) of 2026. During the period, consolidated EPS stood at Tk 1.29, compared to Tk 0.63 in the same period last year. The company’s NAV per share increased to Tk 39.24 from Tk 35.44, while NOCFPS rose to Tk 0.93 from Tk 0.78 year-on-year.
