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Green Delta pays to Dignity Textile Ltd. as part of the highest claim in the insurance industry in BD


Green Delta Insurance Co. Ltd. (GDIC), the only Bangladeshi non-life insurance company which have been awarded the prestigious AAA rating for two consecutive years, has recently paid BDT 61.50 crores to Dignity Textile Mills Ltd.

The check was handed over during the Inauguration Ceremony of the IDRA Bima Mela 2016 at Bangabandhu International Conference Center (BICC).

Honorable Finance Minister, Abul Maal Addul Muhith handed over a Claim Cheque to Mr Gilles Woo, Country Director, Dignity Textiles Mills Ltd in the presence of Mr Abdul Hafiz Chowdhury, Chairman & Farzanah Chowdhury, MD & CEO of Green Delta Insurance Co Ltd. Dignity is the Claimant of Green Delta  Insurance. Green Delta paid BDT 61 crore approx. and remaining balance is to be paid by Shardharan Bima Corporation (SBC) out of BDT 116.67 Crore claim amount payable According to the Surveyors. The preliminary estimated total claim amount is BDT 300 crore which is the highest claim amount in the history of Bangladesh Insurance Industry which also includes liability against Business interruption loss beyond the property damage which will be prepared by a reputed CA firm after settlement of property damage claim.