Sonali Life Insurance Company Limited, as per the declaration of the regulatory authority, has been reclassified from the “Z” category to the “A” category, effective from 01 September 2025, said a press release of Sonali Life on Monday.
The press release mentions that this reclassification is a significant achievement for the Company and reflects its improved compliance status, strengthened operational performance, and the confidence of the regulator in its corporate governance standards and financial discipline.
The Company successfully convened its 11th Annual General Meeting (AGM) on 31 August 2025, wherein the Shareholders approved a 10% cash dividend for the financial year ended 31 December 2023.
The approval of dividend distribution is a testament to the Company’s stable financial standing and its continued commitment to maximizing shareholder value.
The Board of Directors of Sonali Life Insurance Company Limited conveys its profound appreciation to the valued Shareholders, policyholders, employees, regulators, and all stakeholders for their unwavering trust and support.
The Company reiterates its dedication to upholding transparency, ensuring sound governance practices, and delivering quality and innovative insurance services to its customers across the country.
