Written by The Banking Post
Sonali Life Insurance Company Limited has been upgraded from the “Z” category to the “A” category by the regulatory authority, effective September 1, 2025.
The reclassification reflects the company’s improved compliance record, stronger operations, and the regulator’s confidence in its governance and financial discipline, according to its company secretary.
At its 11th Annual General Meeting on August 31, shareholders approved a 10% cash dividend for the financial year ending December 31, 2023.
The company said the dividend payout underscores its stable financial footing and commitment to delivering value to shareholders. It also pledged to maintain transparency, strengthen governance, and expand quality insurance services nationwide.
