Zenith Islami Life Insurance PLC, one of Bangladesh’s fastest-growing Shariah-compliant life insurers, recorded a year of remarkable business performance in 2025, driven by robust premium growth, expanding new business, disciplined cost management and an exceptional claims settlement record. The results underline the company’s strengthening market position and growing public confidence in ethical, Islamic insurance solutions.
During the year, Zenith Islami Life achieved a significant rise in total premium income. Aggregate premiums reached Tk 469 million in 2025, compared with Tk 331.8 million in 2024, reflecting year-on-year growth of 40.72 per cent. This sharp increase highlights the insurer’s expanding footprint within the life insurance sector and its success in attracting new policyholders.
New business premiums played a central role in this expansion. First-year premium income stood at Tk 241 million in 2025, representing a substantial 78.23 per cent increase over the previous year. This performance was supported by effective customer acquisition strategies, expansion of the sales network and a broader range of Shariah-compliant products tailored to evolving market needs.
The company also reported notable diversification across product segments. Premiums from single policies amounted to Tk 23 million, while group and health insurance together generated Tk 20.3 million. As a result, total first-year premium income rose to Tk 284 million, up from Tk 161.7 million in 2024—an increase of 75.81 per cent.
Renewal premiums showed steady and encouraging progress, demonstrating strong policy retention and customer satisfaction. In 2025, renewal premium collections reached Tk 182.6 million, marking a 7.36 per cent rise compared with the previous year. This stability reflects sustained trust among existing policyholders.
Zenith Islami Life also maintained tight control over operating costs. Total management expenses stood at Tk 321.8 million in 2025, while excess expenditure over the approved limit was reduced by 0.61 percentage points, signalling improved financial discipline and operational efficiency.
A standout achievement of the year was the company’s claims settlement performance. In 2025, Zenith Islami Life settled 99.54 per cent of all reported claims. Of the Tk 97.2 million in claims lodged, Tk 96.8 million was paid, improving on the already strong settlement rate of 98.13 per cent recorded in 2024.
Growth was equally evident in long-term financial strength. The insurer’s life fund increased by 29.47 per cent, with Tk 76.7 million added during the year. Total investments also rose by Tk 32 million, representing growth of 8.61 per cent, reflecting prudent and Shariah-compliant investment management.
Key Performance Snapshot (2025)
| Indicator | 2024 | 2025 | Growth |
|---|---|---|---|
| Total premium income | Tk 331.8m | Tk 469.0m | +40.72% |
| New business premium | Tk 135.3m | Tk 241.0m | +78.23% |
| Renewal premium | Tk 170.2m | Tk 182.6m | +7.36% |
| Claims settlement rate | 98.13% | 99.54% | +1.41 pp |
| Life fund growth | — | Tk 76.7m added | +29.47% |
Commenting on the results, Chief Executive Officer S M Nuruzzaman said the strong performance reflects the company’s long-term strategy, skilled workforce and customer-centric approach. He emphasised that Zenith Islami Life’s near-perfect claims settlement rate demonstrates its commitment to transparency and customer trust. He also noted that teachers, students and guardians from eight public and private universities are now covered under the company’s group insurance schemes, made possible through prompt and reliable service.
Looking ahead, Zenith Islami Life aims to sustain ethical growth, strengthen customer confidence and continue playing a leading role in Bangladesh’s Islamic life insurance sector.