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Mercantile Insurance Co Ltd (MERC)

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25.90 -0.50 -1.89%

07/08 - Closed. Currency in BDT

Type: Equity

Market: Bangladesh

ISIN: BD0721MIC002

S/N: MERCINS

Volume: 4,400
Bid/Ask: 0.00 / 0.00
Day's Range: 25.80 - 26.70

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Mercantile Insurance Co Ltd Company Profile

Get an in-depth profile of Mercantile Insurance Co Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryInsurance

SectorFinancial

Employees

324

Equity Type

ORD

Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh. It operates through four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire and allied perils, industrial all risks, power plant, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, and aviation insurance. It also provides miscellaneous insurance, such as burglary, all risk, cash-in-safe, cash-in-transit, cash-in-premises, cash-on-counter, cash-in-atm, public liability, personal accident, workmen's compensation, air travel, employer’s liability, fidelity guarantee, product liability, third-party liability, operational package, poultry, and business interruption insurances, as well as people's personal accident policy and deterioration of stock. The company was formerly known as Mercantile Insurance Company Limited and changed its name to Mercantile Islami Insurance PLC in May 2023. Mercantile Islami Insurance PLC was founded in 1996 and is headquartered in Dhaka, Bangladesh.

Contact Information

Address Red Crescent House 1st Floor
61, Motijheel C/A Dhaka,1000
Bangladesh

Phone 880 2 2233 87662

Fax 880 9 562301

Web miiplc.com

Top Executives

Name	Age	Since	Title
Abdul Mannan Mazumder	-	-	Director
Abdul Haque	65	2021	Director
Mohammed Solaiman	66	-	Director
Firoz Ahmed	62	2017	CEO, MD & Director
Mohammad Nabi Ullah	-	2011	Chairman
Shafique Ahmed	56	-	Director
Aziz Mohammad Ershad Ullah Chowdhury	-	2022	Vice Chairman
Shajjad Mustafa	-	-	Director
Azad Mustafa	-	2022	Director
Hasan Uddin Sikder	75	2021	Independent Director
Md. Salam Obaidul Karim	-	2021	Independent Director
Mohiuddin Ibnul Arabi	-	2022	Director
Nur Nahar Tarin	-	-	Director
Ahmed Rafaee Alif	-	2024	Director

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