Desh General Insurance Co

What Desh General Insurance Co does

Desh General Insurance Co is a publicly listed general insurance company headquartered in Dhaka, Bangladesh, founded in 2000 and operating with a workforce of 501 to 1,000 employees. The company provides non-life insurance coverage for risks associated with individuals, properties, assets, and businesses, operating within Bangladesh's regulated general insurance sector under the oversight of IDRA. The firm is listed on the Dhaka Stock Exchange under ticker DGIC, and its registered website is deshinsurancebd.com.

Operational and commercial detail on the company is limited in the source data. The firm's website returns only a verification/loading page, and no product catalog, pricing schedule, distribution channel mix, customer segmentation, or underwriting methodology could be retrieved. No subsidiaries, parent entities, M&A activity, leadership biographies, or partnerships are documented. The company appears to be a standalone operating entity rather than part of a broader insurance conglomerate based on the absence of any group-structure signals.

The single substantive corporate event documented is a regulatory matter: the company invested Tk 24.95 crore in Thyrocare Bangladesh Limited (a healthcare diagnostics venture) under circumstances that the Bangladesh Securities and Exchange Commission characterized as involving manipulated share valuation. BSEC fined the company and referred the matter to the Anti-Corruption Commission as part of the broader Quest BDC scandal enforcement. This enforcement action is a material negative signal for governance and capital-deployment discipline, but its financial magnitude relative to the company's overall balance sheet cannot be assessed from available data.

Name

Desh General Insurance Co

Website

https://deshinsurancebd.com

Company type

Private

Founded year

2000

Headcount range

501–1,000 employees

Short description

Desh General Insurance Co is a Bangladesh-based public general insurance company that provides risk coverage for individuals, properties, assets, and businesses, listed on the Dhaka Stock Exchange under ticker DGIC.

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Core offering

Desh General Insurance Co is a general insurance company that provides insurance coverage for risks allied to individuals, properties, assets, and businesses. The company offers non-life insurance products spanning personal and commercial lines, delivering risk protection and claims services to policyholders in Bangladesh.

Differentiator

Problem solved

Functional benefit

Products and services

• General Insurance Comprehensive general insurance coverage providing risk protection for individuals, properties, assets, and businesses in Bangladesh. The offering spans personal and commercial non-life insurance lines, serving both individual policyholders and business customers seeking risk transfer and financial protection.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Direct peers

• Bangladesh General Insurance Company Limited: DSE-listed Bangladeshi general insurance carrier offering personal and commercial property and casualty cover. Most directly comparable by market, product mix, geography, and listing status — and notably referenced in the same regulatory action dataset, requiring entity-level disambiguation.
• Mercantile Insurance Company Limited: Bangladeshi listed general insurance company serving individuals and businesses with property and casualty products. Comparable multi-line offering and mid-cap scale.
• Phoenix Insurance Company Limited: Bangladeshi general insurance carrier underwriting personal and commercial risks, listed on DSE. Closely comparable in scale, lines underwritten, and Bangladesh-only geographic footprint.
• Paramount Insurance Company Limited: DSE-listed Bangladeshi general insurer providing fire, marine, motor, and miscellaneous accident cover. Comparable product portfolio and customer base.
• Reliance Insurance Limited: DSE-listed Bangladeshi general insurance company writing motor, fire, marine, and miscellaneous accident policies. Comparable in product breadth and target customer segments.
• Green Delta Insurance Company Limited: One of the largest listed general insurers in Bangladesh, providing motor, property, marine, and miscellaneous accident cover. Comparable multi-line product portfolio, DSE listing, and Bangladeshi distribution model.
• Pioneer Insurance Company Limited: Bangladeshi listed general insurance carrier offering personal and commercial P&C products. Comparable as a domestic mid-cap general insurer serving individuals and businesses.
• Provati Insurance Company Limited: DSE-listed Bangladeshi general insurer writing personal and commercial P&C policies. Comparable domestic focus, product mix, and regulatory framework.
• Eastern Insurance Company Limited: DSE-listed Bangladeshi general insurer underwriting property, marine, motor, and miscellaneous accident business. Directly comparable in scale, lines underwritten, and regulatory regime.
• Central Insurance Company Limited: Bangladeshi listed general insurer offering property, motor, marine, and liability cover to individuals and businesses. Comparable multi-line focus and domestic regulatory exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Desh General Insurance Co