Test ride on the Honda CBX 750

Assignment on Organizational Behivior (OB)

Attitude Survey Questionnaire

Please answer each of the following statements using the following rating scale:

5 = Strongly agree
4 = Agree
3 = Undecided
2 = Disagree
1 = Strongly disagree
# Please answer each of the following question by giving Tick Mark.

1. The company encourages me to offer innovative ideas to improve our performance.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

2. The environment of the workplace is comfortable and safe.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

3. I am treated with respect by management and fellow employees.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

4. How satisfied are you with the training and development of employees?
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

5. How satisfied are you with the employees benefit package?
(a) Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

6. I am in a job that best matches my skills and interests.
(a)Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

7. I feel comfortable suggesting ideas to improve our processes and products.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

8. I can balance the demands of my work life with the demands of my personal life.
(a)Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

9. I feel that the company cares about its people.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

10. The mission or purpose of the company makes me feel my job is important.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

11. I feel comfortable asking my manager questions.
Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

12. Overall, how satisfied are you with working for the company?
(a) Strongly agree (b) Agree (c) Undecided (d) Disagree (e) Strongly disagree

Summary of Attitude Survey Questionnaire (Participated By National Bank Limited, Head Office- 12 Employee)

NO
Questions
Strongly Agree
Agree
Undecided
Disagree
Strongly Disagree
1.
The company encourages me to offer innovative ideas to improve our performance.
3
4
2

2
1
2.
The environment of the workplace is comfortable and safe.
4
5
1
2
0
3.
I am treated with respect by management and fellow employees.

2
4
3
2
1
4.
How satisfied are you with the training and development of employees?

3
5
3
0
1
5.
How satisfied are you with the employees benefit package?
3
3
2
3
1
6.
I am in a job that best matches my skills and interests
4
4
3
1
0
7.
I feel comfortable suggesting ideas to improve our processes and products
2
6
2
1
1
8.
I can balance the demands of my work life with the demands of my personal life

1
7
2
2
0
9.
I feel that the company cares about its people.

0
6
4
0
2
10.
The mission or purpose of the company makes me feel my job is important.

3
4
2
2
1
11.
I feel comfortable asking my manager questions
4
4
1
1
2
12.
Overall, how satisfied are you with working for the company?

3
5
2
2
0

Attitudes: Evaluative statements or judgments concerning objects, people, or events. Attitudes are the feelings and beliefs that largely determine how employees will perceive their environment  , commit themselves to intended actions and ultimately behave. Attitudes form a mental set that affects how we view something else ,much as a window provides a framework for our view into or out of a building.
Cognitive componentThe opinion or belief segment of an attitude.

Affective ComponentThe emotional or feeling segment of an attitude.

Behavioral ComponentAn intention to behave in a certain way toward someone or something.

Job Satisfaction: Job satisfaction is a set of favorable or unfavorable feelings and emotions with which employees view their work.Job satisfaction is an affective attitude a feeling of relative like or dislike toward something. A collection of positive and/or negative feelings that an individual holds toward his or her job.

Attitude Surveys: Eliciting responses from employees through questionnaires about how they feel about their jobs, work groups, supervisors, and the organization.
Measuring Job Satisfaction
Single global rating
Summation score
How Satisfied Are People in Their Jobs?
In general, people are satisfied with their jobs.
Depends on facets of satisfaction—tend to be less satisfied with pay and promotion opportunities.
Measuring Employee Attitude:

Organizations are increasingly interested in retaining right talents while targeting for new talents; measuring employees attitude provides an indication of how successful the organization is in fostering a conducive environment which nurtures great attitude among employee’s towards their Job and company .

Because attitude is basically a psychological state, care should be taken in the effort of quantitative measurement, although a large quantity of research in this area has recently been developed.

The usual measures of employee attitude involve an employee attitude survey with a set of statements using a Likert Technique or scale. The employee is asked to evaluate each statement in term of their perception on the performance of the organization being measured.

-END-

Assignment On Effects of public expenditure

Assignment
On
Effects of public expenditure

Submitted To:
Tazrina Floora
Lecturer
Stamford University Bangladesh.

Submitted By:
Name: Sadia Ahmed
ID No. BBA 042 13339

Date of Submission: 09/03/2013

Effects of public expenditure

The government economy is the part of the economy. Different sector of the economy are interdependent and influence each other, similarly, the government sector also is interlinked with rest of the economy. Government sector has the authority to bring certain changes in the economy. It is also an important means of directing the working of the rest of the economy. It is this intricate relationship between the government sector and the rest of economy which spells out different possible effects of public expenditure.

1. Public Expenditure Economic Stability

Economic stability refers to an economy that experiences constant growth and low inflation. Advantages of having economic stability include having increased productivity, improved efficiencies and low unemployment. Common signs of an unstable economy are extended time in a recession or crisis, rising inflation, and volatility in currency exchange rates. An unstable economy causes a decline in consumer confidence, stunted economic growth and reduced international investments.

Growth of international trade and commerce has allowed for the economic stability of one country to affect the stability of others. When a country’s economy becomes unstable, it will experience a large reduction in international investments and spending. Foreigners can also lose significant money if their investments are within a country with an unstable economy. For example, if an investor in France purchased real estate within the U.S. before the economic crisis of 2008, the value of the investment may have dropped to irrecoverable lows even after the U.S.’s recovery.

Economic instability takes the form of depression, recession and inflation. Public expenditure is used as a mechanism to control instability. The modern economist Keynes advocated public expenditure as a better device to raise effective demand & to get out of depression. Public expenditure is also useful in controlling inflation & deflation. Expansion of Public expenditure during deflation & reduction of public expenditure during inflation control money supply & bring price stability.

2.  Public Expenditure and Production
Public expenditure may be productive directly or indirectly. Governments, in every country, are running commercial enterprises which are directly productiveThe effect of public expenditure on production can be examined with reference to its effects on ability & willingness to work, save & invest and on diversion of resources.
Ability to work, save and invest : Socially desirable public expenditure increases community's productive capacity. Expenditure on education, health, communication, increases people's productivity at work and therefore their incomes. With rise in income savings also increase and this in turn has a beneficial effect on investment and capital formation.

Willingness to work, save and invest : Public expenditure, sometimes, brings adverse effects on people's willingness to work and save. Government expenditure on social security facilities may bring such unfavourable effects. For e.g. Government spends a considerable portion of its income towards provision of social security benefits such as unemployment allowances old age pension, insurance benefits, sickness benefit, medical benefit, etc. Such benefits reduce the desire to work. In other words they act as disincentive to work.

Effect on allocation of resources among different industries & trade : Many a times the government expenditure proves to be an effective instrument to encourage investment on a particular industry. For e.g. If government decides to promote exports, it provides benefits like subsidies, tax benefits to attract investment towards such industry. Similarly government can also promote a particular region by providing various incentives for those who make investment in that region.

3. Public Expenditure and Economic Growth
The goals of planning are effectively realised only through government expenditure. The government allocates funds for the growth of various sectors like agriculture, industry, transport, communications, education, energy, health, exports, imports, with a view to achieve impressive growth.
Government expenditure has been very helpful in maintaining balanced economic growth. Government takes keen interest to allocate more resources for development of backward regions. Such efforts reduces regional inequality and promotes balanced economic growth.

4. Public Expenditure and Distribution

The primary aim of the government is to maximise social benefit through public expenditure. The objective of maximum social welfare can be achieved only when the inequality of income is removed or minimised. Government expenditure is very useful to fulfill this goal. Government collects excess income of the rich through income tax and sales tax on luxuries. The funds thus mobilised are directed towards welfare programmes to promote the standard of poor and weaker section. Thus public expenditure helps to achieve the objective of equal distribution of income.
Expenditure on social security & subsidies to poor are aimed at increasing their real income & purchasing power. Public expenditure on education, communication, health has a positive impact on productivity of the weaker section of society, thereby increasing their income earning capacity.

Conclusion
Modern economies have all experienced tremendous growth in public expenditure. So it is absolutely necessary for governments to formulate rational public expenditure policies in order to achieve the desired effects on income, distribution, employment and growth.

Assignment on Micro Finance

MICRO CREDIT FINANCE
Literature Review

Microfinance and microcredit.

In the literature, the terms microcredit and microfinance are often used interchangeably, but it is
important to highlight the difference between them because both terms are often confused. Sinha
(1998) states “microcredit refers to small loans, whereas microfinance is appropriate where NGOs
and MFIs1 supplement the loans with other financial services (savings, insurance, etc)”. Therefore
microcredit is a component of microfinance in that it involves providing credit to the poor, but
microfinance also involves additional non-credit financial services such as savings, insurance, pensions and payment services (Okiocredit, 2005).

The History of Microfinance

Microcredit and microfinance are relatively new terms in the field of development, first coming to
prominence in the 1970s, according to Robinson (2001) and Otero (1999). Prior to then, from the
1950s through to the 1970s, the provision of financial services by donors or governments was mainly in the form of subsidised rural credit programmes. These often resulted in high loan defaults, high loses and an inability to reach poor rural households (Robinson, 2001).
Robinson states that the 1980s represented a turning point in the history of microfinance in that MFIs
such as Grameen Bank and BRI2 began to show that they could provide small loans and savings
services profitably on a large scale. They received no continuing subsidies, were commercially funded
and fully sustainable, and could attain wide outreach to clients (Robinson, 2001). It was also at this time that the term “microcredit” came to prominence in development (MIX3, 2005).

The difference between microcredit and the subsidised rural credit programmes of the 1950s and 1960s was that microcredit insisted on repayment, on charging interest rates that covered the cost of credit delivery and by focusing on clients who were dependent on the informal sector for credit (ibid.). It was now clear for the first time that microcredit could provide large-scale outreach profitably.
The 1990s “saw accelerated growth in the number of microfinance institutions created and an increased emphasis on reaching scale” (Robinson, 2001). Dichter (1999) refers to the 1990s as “the microfinance decade”. Microfinance had now turned into an industry according to Robinson (2001). Along with the growth in microcredit institutions, attention changed from just the provision of credit to the poor (microcredit), to the provision of other financial services such as savings and pensions (microfinance) when it became clear that the poor had a demand for these other services (2005). Microcredit Summit in 1997. The Summit aims to reach 175 million of the world’s poorest families, especially the women of those families, with credit for the self-employed and other financial and business services, by the end of 20154 (Microcredit Summit, 2005). More recently, the UN, as previously stated, declared 2005 as the International Year of Microcredit.

Micro-credit in Bangladesh

Bangladesh has experienced rapid growth in the micro-credit sector since 1990.
Prior to 1990, only a handful of organizations were in operation. Many NGOs adopted
and built on the experience of the Grameen Bank. Some of these NGOs experimented
with the Grameen Bank micro-credit delivery system at the beginning and gradually
they developed their own micro-credit delivery system such as BRAC and ASA. Currently, more than 1,000 NGOs operate micro-credit programmes in
Bangladesh. The contribution of many of these NGOS to microcredit
disbursement is very small. For example, a study of 369 NGOs indicates that
the top three NGOs as of June, 1998: held 69 per cent of total credit; held 83 per cent
of total net savings; held 85 per cent of cumulative credit; held 82 per cent of
outstanding loans; and captured 71 per cent of the total revolving fund. Most of the micro-credit institutions follow the flat rate method in calculating
total interest. A very small number follow the declining method in calculating total
interest. Under the flat rate method, NGOs charge interest rates typically between 10
to 30 per cent.

The empirical analysis presented below is based on data collected for three
organisations involved in micro-credit activities in Bangladesh: (1) the Grameen
Bank; (2) the Bangladesh Rural Advancement Committee (BRAC); and (3) the
Association of Social Advancement (ASA).

The Grameen Bank evolved from research project aimed at identifying the
causes of poverty carried out by Professor Muhammad Yunus. He found that capital
constraints had been forcing women to sell their handicraft products to input providers
at prices that were much lower than market prices.
In 2000, membership in the Grameen Bank was about 2.3 million, with a
cumulative loan disbursement of about $3.2 billion.

After independence in 1971, the Bangladesh Rural Advancement Committee
(BRAC) was established. Initially its main objective was to conduct relief and
rehabilitation programmes. It continued to widen its activities and in 1976 established
a micro-credit programme. At present it is prominent among the biggest NGOs in
terms of development and micro-credit activities. BRAC started its micro-credit
programme in 1976.

The Association of Social Advancement (ASA) was established in 1978. It
began its micro-credit programme in 1991. Currently, ASA is the third largest microcredit
organisation in Bangladesh. It has developed a less expensive model for the
implementation of savings and credit program, which has helped it become a more
cost effective and sustainable program (Jain, 1999; Rutherford, 1995). Kalily, Imam
and Khan (2000) conclude that ASA is more cost effective and more sustainable than
the Grameen Bank. By 2000, ASA had extended credit to poor people in 22,740
villages out of approximately 86,000 villages in Bangladesh. The total number of
members of ASA in 2000 was 1.2 million. In the same year the cumulative loan
disbursement and cumulative savings of members stood at $466 million and $97
million respectively. In 2000 the recovery rate of ASA was 99.9%.

Assignment on Insurance (Part 4)

Peoples Insurance Company Limited provides insurance solutions in Bangladesh. The company offers fire, industrial risk, marine cargo, marine hull, motor, contractor’s risk, erection risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, and burglary and housebreaking insurance solutions. It also provides cash-in-transit, cash-in-safe, cash-on-counter, public liability, personal accident, workmen’s compensation, goods-in-transit, comprehensive travel, overseas medi-claim, fidelity guarantee, and bank lockers insurance solutions. The company was incorporated in 1985 and is based in Dhaka, Bangladesh.

The Peoples Insurance Company Limited is very proud to stand beside its customer and general people of Bangladesh when they are in disaster. The company is always a friend of it’s valued customer through its business responsibilities and of general people of Bangladesh through its corporate social responsibilities. Our board of directors leading both types of responsibilities includes veteran insurance personalities, industrialists, doctors, chartered accountant, and business professions. The human resource team is educated in developed countries like USA, UK, Australia, and Germany. The board of directors is chaired by Mr. Abul Basher Mukul, who is always dedicated to the company.

Our vision Our mission is to reach at zenith point of providing quality service and hence achieving highest corporate goal and customer satisfaction. Our slogan is “manush manusher Janna”

Our mission Our assignment is to produce value for shareholders all the way through customer, employee and general people satisfaction
First private insurance company in Bangladesh
A reliable insurance company in the insurance landscape in Bangladesh.
Customers’ satisfaction is our main concern.
We value our customer, we protect our customer.
We provide the protection you need.
Care for you forever
To get you set soon again.
Marches with time
Celebrating 30 years of time

Future Plans

The Company has undertaken various realistic future plans which amongst others include the following:-
To computerize the entire operation system within the shortest possible time
To impart extensive training for the employees at home and abroad. Field force (100%) has to be properly groomed up.
To expand Company's operations to all commercially important places of the country gradually.
To introduce new products depending on the demand of the market.
To observing March as the "Client Service Month" in every year.
To follow "Service First than Business "by expeditious and judicious settlement of claim.

Capital Structure

Date of Incorporation
31 March 1985
Obtained Certificate for Commencement of Business
31 March 1985
Registered with the Department of Insurance
31 July 1985
Authorised Capital
Tk. 50.00 Crore
Issued, Subscribed and Paid up Capital
Tk.15.00 Crore
Listing in Dhaka Stock Exchange
29 July 1990
Listing in Chittagong Stock Exchange
10 October 1995
Prospectus Issued for Floatation of Public Shares
16 August 1990
Amount of Public Subscription
Tk. 3.00 Crore
Registration of Land at 36, Dilkusha C/A,Dhaka-1000.(Measuring 16.85 Katha)
05 March 1998
Inaguration of 22 storied Building Construction work at 36, Dilkusha C/A, Dhaka-1000
09 June 1999
Bonus Share Issued @ 25%
In 2004
Bonus Share Issued @ 100%
In 2005
Listed with CDBL
4th July 2005
Rated by CRISL
CPA-BBB

Corporate Social Responsibility (CSR)

Peoples Insurance Company Ltd has been participating in Corporate Social Responsibility (CSR) continuously since its inception in various ways. As for instance, the company has developed a unique culture to help distressed peoples, environment, heritage, sports, education, employment and much more. A few of the corporate social responsibilities are as follows:

After the natural disasters, we participate in various types of the activities for the reconstruction of the damaged infra-structures. Moreover, when the calamity is over, we try to take care of those who have lost their lives and their valued properties.
We are always in favor of protecting our tradition and heritage. For example, our company always sponsors not only the sports which are our own, for example, Kabadi, Bali Khela, Lathi Khela etc. but also our non-traditional sports like football and cricket.
Our company created a significant number of employment opportunities for the unemployment human resources since its inception. The effort for job creation will continue in future too.
The company has a plan to provide scholarships for the needy brilliant students who want to make a career in the fields of technology and digital sciences.
We have a plan to help the sick-aged people so that they do not consider themselves as a burden of our society.
Finally, the company focuses on the welfare of the employees so that they can have the necessary skills and opportunities to face the challenges.

Head Office Executives

S. N.
Name
Designation
1.
M. H. Khaled
Managing Director & CEO
2.
Nizam Mohammed Uddin
Additional Managing Director
3.
Mezbahul Karim
Deputy Managing Director
4.
Abdullah-Al-Mamoon
Deputy Managing Director
5.
M. Abu Bakar Siddique
Deputy Managing Director
6.
Sib Sankar Saha
Deputy Managing Director & CFO
7.
Md. Shamsul Haque Khan
General Manager-II
8.
Md. Abdul Wohab Khan
General Manager-II
9.
Md. Iqbal Hussain
General Manager-II
10.
Md. Shafrinoor Rahman
General Manager-II
11.
Md.Delower Hossain Chowdhury
Deputy General Manager
12.
Chowdhury Hamid Gaffar
Deputy General Manager
13.
S. M. Nasim
Deputy General Manager
14.
Md. Jahangir Alam
Deputy General Manager
15.
Md. Abdullah-Al-Mobin
Deputy General Manager
16.
Ashique-Ur-Rahim
Deputy General Manager
17.
Mir Zulfequr Rahman
Deputy General Manager
18.
Md. Sharifuddin
Deputy General Manager
19.
Asif Nur
Deputy General Manager
20.
Md. Azizul Haque Talukder
Asstt. General Manager
21.
Md. Kamaluddin Akunjee
Asstt. General Manager
22.
Anisul Mowla Ratan
Asstt. General Manager
23.
Md. Nurul Huda
Adviser(Marketing)

 

Valued Customers

LIST OF SOME OF OUR VALUED CLIENTS IN THE LAST 5 YEARS. 

1.
The ACME Laboratories Limited
2.
Apex Foods Limited
3.
Apex Weaving & Finishing Limited
4.
Bashundhara Group
5.
BOC Bangladesh Limited
6.
Abul Khair Group
7.
DADA Corporation (Korean Enterprise)
8.
Echo Cotton Mills Limited
9.
Erba Group
10.
Fison's (Bangladesh) Limited
11.
Glaxo Smith Kline Bangladesh Limited
12.
Hotel Sarina, Banani, Dhaka
13.
Kader Synthetic Fibers Limited
14.
M.M. Ispahani Group
15.
MSA Spinning Limited
16.
Opex Group
17.
PHP Group
18.
Paxar Bangladesh Limited, EPZ, Savar, Dhaka
19.
Prime Group of Industries
20.
R.M. Group
21.
RAK Ceramic Industries Pvt. Limited
22.
Scholastica Group
23.
Sena Kalyan Sangstha
24.
Shinepukur Holding Co. Limited
25.
Shanta Group, EPZ, Savar, Dhaka
26.
Siemens Bangladesh Limited
27.
Sinha Textile Group
28.
STS Holding (including Apollo Hospitals, Dhaka)
29.
Techno Textile Mills Limited
30.
Youngone Bangladesh Limited, EPZ, Savar, Dhaka & Patenga, Chittagong
31.
AA Synthetic Fibres Limited.
32.
Royal Thai Embassy
33.
Nandan Group

Snapshot of PEOPLES INSURANCE CO LTD (PEOPLE)

OPEN
$56.00

PREVIOUS CLOSE
$55.80
DAY HIGH
$56.90

DAY LOW
$54.70
52 WEEK HIGH
12/6/10 - $115.24

52 WEEK LOW
05/25/11 - $41.50
MARKET CAP
--

AVERAGE VOLUME 10 D
516.4K
EPS TTM
--

SHARES OUTSTANDING
0.0
EX-DATE
04/12/11

P/E TTM
--
DIVIDEND
$0.48

DIVIDEND YIELD
0.86%
K = Thousands  M = Millions  B = Billions
INCLUDEPICTURE "http://www.bloomberg.com/apps/chart?timeout=10&h=225&w=220&type=gp_line2&range=1y&ticks=PEOPLE:BD&cfg=ChartBuilderVol_bw.xml&img=png" \* MERGEFORMATINET

Our Services Name of the Services

1.
Fire Insurance
2.
Industrial "All Risks" Insurance
3.
Marine Cargo Insurance
4.
Marine Hull Insurance
5.
Motor Insurance
6.
Contractor's "All Risks" Insurance
7.
Erection"All Risks" Insurance
8.
Machinery Breakdown Insurance
9.
Deterioration of Stock Insurance
10.
Boiler & Pressure Vessel Insurance
11.
Burglary & Housebreaking Insurance
12.
Cash-in-transit Insurance
13.
Cash-in-safe Insurance
14.
Cash-on-counter Insurance
15.
Public Liability Insurance
16.
Personal Accident Insurance
17.
Peoples's Personal Accident Insurance
18.
Workmen's Compensation Insurance
19.
Goods-in-transit Insurance
20.
Comprehensive Travel Insurance
21.
Over-seas Medi-claim Insurance
22.
"All Risks" Insurance
23.
Fidelity Guarantee Insurance
24.
Bank Lockers Insurance

AchievementsBusiness & Statistical Information Since 2001(Figures in Million Taka)

Particulars
2001
2002
2003
2004
2005
2006
2007
 
 
 
 
 
 
 
 
Financial Performance
 
 
 
 
 
 
 
Gross Premium
195.50
212.55
256.43
261.37
259.66
238.68
257.18
Net Premium
135.81
139.60
150.61
145.93
111.62
137.62
163.30
Gross Claim
24.45
23.62
49.80
104.29
55.33
423.24
38.18
Net Claim
19.84
22.11
29.44
37.49
24.50
120.38
23.35
Underwriting Profit / (Loss)
24.46
32.95
33.07
31.88
31.22
(127.54)
0.32
Investment & Other Income
13.55
12.35
12.48
16.86
15.11
 21.89
217.39
Net Profit /Loss) befor Tax
36.50
43.92
44.20
47.05
3.27
(144.83)
193.00
Net profit / (Loss) after Tax
29.28
30.02
31.62
32.44
3.27
(141.49)
177.97
 
 
 
 
 
 
 
 
Share Capital & Reserve
 
 
 
 
 
 
 
Paid up Capital
60.00
60.00
60.00
60.00
75.00
150.00
150.00
Shareholders Equity
185.01
198.76
213.82
228.42
204.56
279.58
295.91
Reserve
124.80
138.76
153.82
168.42
129.56
129.58
145.91
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
Investment in Shares & Securities
17.41
17.41
18.1
17.83
25.73
25.25
27.62
Cash, FDR & Bank Balance
154.75
163.96
178.53
179.24
121.42
100.28
128.83
Land & Building
174.12
238.83
343.54
496.9
643.49
629.99
490.06
Other Assets
152.45
  152.40
127.41
      138.20
94.72
103.84
148.69
Total Assets
498.73
572.57
667.58
832.17
885.36
859.36
    795.20
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Analysis
 
 
 
 
 
 
 
Dividend in Percentage
26%
27%
25%
25%(stock)
100%(stock)
No Dividend
10%
Earning per share(EPS)
48.8
50.03
     52.70
54.07
4.36
-96.55
118.64
Highest/Lowest Market
 
 
 
 
 
 
 
Price of Share
 
690/540
675/540
1850/800
800/673
673/270
548/180

Office  and Location of Peoples Insurance Company Limited.

Head Office

Peoples Insurance Bhaban (15th Floor), 36, Dilkusha C/ADhaka-1000, Bangladesh.Phone: 9564166, 7174203-4Fax: 88-02-9564795Email:  HYPERLINK "mailto:peoples@telnet-bd.com" peoples@telnet-bd.com

ELEPHANT ROAD BRANCH

91, New Elephant RoadDhakaMd. Alauddin DulalGeneral Manager -II

KAWRAN BAZAR BRANCH

41/1, Kazi NazrulIslam Avenue (Floor No. 3)Kawran Bazar, Dhaka-1215.Md. Shahnewaz KhanGeneral Manager
Recommendation:

Chapter # 05
5.1 Recommendation

There must be scope for further developments:

Introducing flexible working hours for the workers as that they can look after their personal problem during these flexible hours.

Building a team of committed workers who strongly believe in the organizational goal.

Designing insurance policies that include strict disciplinary action against all bad activities.

Making the planning process more clear of the strategies, goals, action and operational plans in Peoples Insurance Company Limited.

Scanning the national and international environmental for the competitive edge and technological advance in Peoples Insurance Company Limited.

Conclusion

Peoples Insurance Company Limited is one of the leading insurance institutions in Bangladesh. Day by day Peoples Insurance Company is going upward. Peoples Insurance Company Limited is established in 1985.

When we were doing this assignment, we got so much practical knowledge. This practical knowledge helps us lot to know about overall insurance company activities.

Bibliography

The information and data provided by the Peoples Insurance Company Limited is mainly used for this assignment. Basically Bibliography means to write down some book’s, web-sites & other name that help for doing this report but here we tried to write down our theoretical and practical knowledge along with the information of provided by Peoples Insurance Company Limited. The references which are used for prepare the report is given below:

Books

• M. N. Mishra (Insurance Principles and Practice)
• Banglapedia
• Peoples Insurance Company Limited Annual Report 2010

Internet Sources

•  HYPERLINK "http://www.Scribd.com" www.Scribd.com
•  HYPERLINK "http://www.peoplesinsurancebd.com" www.peoplesinsurancebd.com
•  HYPERLINK "http://www.investing.businessweek.com" www.investing.businessweek.com

Assignment on Insurance (part 3)

Government
S/L
Client's Name
1
Jibon Bima Corporation
Non Government
S/L
Client's Name
1
National Life Insurance Company Ltd
2
Bangladesh Gen. Ins. Co. Ltd
3
Peoples Insurance Co. Ltd.
4
United Insurance Co. Ltd.
5
Green Delta Ins. Co. Ltd.
6
Progati Insurance Limited
7
Eastern Insurance Co. Ltd.
8
Eastland Insurance Co. Ltd.
9
Karnaphuli Insurance Co. Ltd.
10
Delta Life Insurance Co. Ltd.
11
Janata Insurance Co. Ltd
12
Phoenix Insurance Co. Ltd
13
American Life Insurance Co.
14
Federal Insurance Co. Ltd
15
Reliance Insurance Ltd.
16
Rupali Insurance Co. Ltd.
17
Purabi Gen. Insurance Co. Ltd.
18
Sandhani Life Ins. Co. Ltd.
19
Bangladesh Co-operative Ins. Ltd.
20
City Gen. Insurance Co. Ltd.
21
Provati Insurance Co. Ltd
22
Prime Insurance Co. Ltd
23
Meghna Insurance Co. Ltd.
24
Meghna Life Insurance Co. Ltd
25
Pioneer Insurance Co. Ltd
26
Mercantile Insurance Co. Ltd
27
Bangladesh National Ins. Co. Ltd.
28
Northern Gen. Ins. Co. Ltd.
29
Homeland Life Ins. Co. Ltd.
30
Golden Life Insurance Ltd.
31
Nitol Insurance Co. Ltd
32
Standard Insurance Ltd.
33
South Asia Ins. Co. Ltd.
34
Paramount Insurance Co. Ltd
35
Cotinental Insurance Limited
36
Agrani Insurance Co. Ltd
37
Islami Insurance Bangladesh Ltd
38
Islami Commercial Ins. Co. Ltd.
39
Global Insurance Ltd.
40
Sonar Bangla Insurance Ltd
41
Express Insurance Limited
42
Asia Insurance Ltd.
43
Republic Insurance Company Ltd.
44
Crystal Insurance Company Ltd.
45
The Loyeds Insurance Co. Ltd
46
Sunflower Insurance Co. Ltd.
47
Union Insurance Co. Ltd.
48
Asia Pacific Gen. Ins. Co. Ltd.
49
Progressive Life Ins. Co. Ltd.
50
Desh Gen. Ins. Co. Ltd.
51
Takaful Islami Insurance Ltd.
52
Fareast Islami Life Ins. Co. Ltd
53
Prime Islami life Insurance Co. Ltd
54
Popular Life Insurance Co. Ltd.
55
Padma Islami Life Insurance Ltd.
56
Pragati Life Insurance Ltd.
57
Rupali Life Insurance Co. Ltd.
58
Sun Life Insurance Co. Ltd.
59
Baira Life Insurance Co. Ltd.

Bangladesh Insurance Association
Bangladesh Insurance Association was formed on 25 May 1988 under the Companies Act 1913. It is registered with the Registrar of Joint Stock Companies and has 30 members. It aims at promoting, supporting and protecting the interests and welfare of the member companies.Surveyors and insurance agents occupy a prominent position in the insurance market of Bangladesh. The surveyors are mainly responsible for surveying and assessing general insurance losses and occasionally, for valuation of insurance properties, while the agents work to procure both life and general insurance business against commission. The system of professional brokers has not yet developed in Bangladesh. However, it is a common practice of the insurers to engage salaried development officers for promotion of their insurance business.

Bangladesh Insurance Academy
Bangladesh Insurance Academy (BIA) established in 1973 in Dhaka by the government of Bangladesh to impart training to insurance professionals and others taking up insurance as a career. It is an autonomous body attached to the ministry of commerce. The management of the academy is vested in a board of governors formed by the government. The academy conducts various training programmes for personnel in the insurance industry, arranges seminars, symposiums and conferences on issues relating to the insurance business. The academy started functioning in early 1974 with 12 employees.
TOP INSURANCE COMPANIES IN BANGLADESH
Sadharan Bima CorporationSadharan Bima Corporation emerged on 14th May, 1973 under the Insurance Corporation Act. (Act. No.VI) of 1973 as the single state owned organization to deal with all classes of General Insurance & Re-insurance business emanating in Bangladesh.In the pre-liberation days there were as many as 49 privately owned insurance companies underwriting general insurance business along with one central Govt. run-organization, namely, Pakistan Insurance Corporation. After liberation the insurance industry was nationalized vide P.O.No. 95 of 1972.Jiban Bima Corporation (JBC)Jiban Bima Corporation established on 14 May 1973 under the Insurance Corporation Act 1973 with an authorized capital of Tk 200 million divided into 2 million ordinary shares of Tk 100 each. The paid up capital of the corporation is Tk 50 million fully subscribed by the government. The corporation is engaged in life insurance business under the provisions of the Insurance Act 1938, Insurance Rules 1958, Insurance Corporation's Rules 1977, and related other laws enforceable in Bangladesh. JBC is working among the people of Bangladesh with two basic objectives: firstly, to cover the risks and raise savings habits among the people and secondly, create funds for the country’s economic development through innovative life insurance schemes.American Life Insurance Company Alico Bangladesh started full service branch operations in Bangladesh on 15 January 1974 and has since then been marketing individual and group life insurance products under the Insurance Act 1938, Insurance Rules 1958, and other applicable laws. American Life Insurance Company Bangladesh runs its business through its agency offices scattered mostly in big cities such as Dhaka, Chittagong and Khulna. Over 2700 career agents are working for the company. The company has a trained and dedicated work force of 223 employees in Bangladesh.