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 Settlement of Claims |
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Claim Under Policies (Including provision for claims due or intimated) less Re-Insurance by Death/Survival: Tk. 807,962,390

Particulars

Ordinary Life

Loko Bima

Islami Bima

Islami Khudra

Swanirvor Bima

Group

Total

By Death

12,465,330

10,046,277

5,070,181

2,109,013

276,800

2,319,049

32,286,650

By Survival

336,841,074

22,905.350

122,396,100

-

-

-

482,142,524

By Surrender

2,549,959

5,708

457,444

-

-

-

3,013,111

Bonus in Cash

51,060,873

29,404,748

385,721

53,024

665

-

80,905,031

Claim by Maturity

70,369,182

139,245,892

-

-

-

-

209,615,074

Total 2010

473,286,418

201,607,975

128,309,446

2,162,037

277,465

2,319,049

807,962,390

Total 2009

377,048,458

109,265,913

94,778,490

215,155

103,500

-

581,411,516

During the year 2010 the company has settled and adjusted Tk. 759,682,874 including last year’s outstanding claims worth Tk. 271,691,732 as death claim, maturity claim and survival benefit. The amount of Tk. 328,373,641 was outstanding as on December 31, 2010. Out of outstanding amount, the company has settled Tk. 246,734,809 as of the date of audit.