Sunlife Insurance Declares Dividends & First Quarter Reports

sunlife insurance

One of the Listed companies, Sunlife Insurance Company Limited has recommended 0.5% cash Dividend for the year ended December 31, 2023.

The Annual General Meeting (AGM) of the company will be held on August 22, through the digital platform. The record date for this has been fixed at July 23.

Q1 Financials: For the period of January to March 2024, the company’s life revenue account showed a deficit of Tk 5 crore 76 lakh, down from a deficit of Tk 9 crore 71 lakh in the same period of 2023.

As of March 31, 2024, the Life Insurance Fund balance was Tk 51 crore 54 lakh, reflecting a net increase of Tk 4 crore 27 lakh from the Tk 47 crore 27 lakh recorded on March 31, 2023.

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