The purposes for which the company has been established: 1.

Conduct all types of insurances in Bangladesh and or any where in the world, through its various branches, guarantee and indemnify, particularly accident, liability of the investor, security, compensation to the laborers, insurance against industrial accidents and such other insurance that is at present in force or will be conducted in future and conduct the business of such other legal general insurance and reinsurance against flood, cyclone, hail storm, storm, fire explosion. 2. Give insurance to all types of immovable and/or movable property such as buildings, homes, workshop, godown, house, plant or any other construction, commodity, and any type of machineries wherever they may be situated, insure them against flood, cyclone, hail storm, storm, fire, explosion, damage due to thunder storm and/or insure against loss of profit upsurge or riot, civil commotion, and as a result of civil disorder insure for such other accidents or insure against fire. 3. To underwrite all insurances for motor vehicle, truck, bus, scooter, van tractor and all other types of motor vehicle and with that aim take the risk for those vehicle from road accident, fire, theft, highjack, hooliganism, hail, and/or any other sudden accident. To give sureties against loss or damage in the case of accidental death of owner of the motor vehicle, driver, passengers or for physical injury and/or loss of limbs, a much as it may be determined. Indemnify the injured persons against their insurance for the personal injury and/or against claim of any loss of third party personal property. 4. To carry on insurance business against of all types of vehicle and compensate the transport owners of all insurance claims for partial or total loss of aero plane, train, rail engine, engine, rolling, staff coach and all types of equipment and reimburse the claim of third party for the loss sustained as a result of the act of the owner of the insurance.

5. To carry on marine insurance and provide insurance policy to ocean going liner, ships, sea vessels, trawlers, boats and all other types of vessels and to insure against any type of loss and damage and pay insurance money to any kind of damage to the cargo of ocean going vessels freight, advantage of loan on vessel(s), commission demurrage and other type of payment.

6. To do business of insurance for all type of breach of trust, forgery, misappropriation of fund, theft of goods, breaking of contract, non responsibility, breaking the promise and/or for making any damage to the employer principal and master for any type treachery and/or insure to take liability to protect against loss and insure against risk of employers liability and all kinds of risks of third parties.

7. To carry on insurance against any loss in any house, work shop, or in a building for looting, high jacking, dacoity, theft, breakage, hooliganism and/or any such accidental cause.

8. To carry on all types of agriculture insurance and with that aim give insurance against loss and damage of crops and death, destruction, injury or loss of cattle. Give assurance against all types of loss of property for drought, insects, disease, storm, flood or such other incidental accidents and give assurance for treatment of cattle, child birth and/or giving treatment to disease that may happen.

9. To take liability of guarantee Insurance, especially regarding any office or employment or stay or for performance of trust and assure security against all loss and liability. Give assurance for stock share or for other security deposits and give guarantee for security money and entrusted property or property transferred to court. Ensure the timely payment and guarantee the performance of bill of exchanges, letter of promise, liability, contract and any other liability at time.

10. Any person an/or for the sickness of his family members, birth of child, disease and treatment, any unforeseen incidents, care and offer for any kind of treatment which will take the responsibility of a company, principal or master insurance.

11. Take liability of investment and business of mortgaged insurance and give insurance against mortgaged debenture and loss for other security or invested money.

12. To re-issue or counter re-issue with other insurance or reinsurance and related to above business take the responsibility of such reinsurance. Conduct all types of insurance business other than as listed in the above list.

13. To grant policies and enter into contract with one person, firm, company, corporation or any other type of organization according to privileges and terms and conditions as may be arranged and if deemed expedient to contract for repayment or provision of money or moneys worth either by way of liquidated damage or agreed compensation.

14. If any claim is raised against the company for any approved transaction by the company or done or accepted by any other way for any approved contract or policy with the company and though legally not being acceptable, make payment for this, satisfy them or compromise with them.

15. Whatever the company is authorized to do or is capable to do, it will consolidate with such other person or persons, firm, company, corporation, or other organization who are doing similar business or are authorized to do or will be doing such business, be engaged in partnership or joint venture enterprise, make arrangement for distribution of profit, give mutual benefits, do cooperation which may directly or indirectly benefit the company.

16. Invests and transact the money and securities which will not be immediately used for any purpose of the company in such a way as may be decided from time to time.

17. To take and acquire share from any other companies or earn them through any other means and hold them whose aim is wholly or partially similar to and by whose conduct of any business the company is benefited.

18. To procure land buildings through purchase, lease, exchange or in any other way and to earn tenancy right through succession or to achieve any interest that remains

within them/or if considered to be proper keeping all rights related to the said lands, giving it under lease and to bring them under account.

19. To sell or settle any function of the company or its part if appears to be proper. Specially, to sell or settle the share debentures or securities of other companies which are fully or partly in conformity with the objectives of this company.

20. To enter into any arrangement with any government or authority or municipality or any other organization conductive to the companys object or appears to assisting with the objective of the company. To realize, to execute to gain profit and to apply such facilities right and commission from the government or such other authority which the company thinks fit and to run the activities being unanimous with such arrangement right, facilities and commissions.

21. To help, assists or patronize for establishment of association organization and fund for facility of the present and previous employees of the company and the persons dependant or related to them, and to give donation, charity and welfare assistance or any other facilities and to give those persons pension allowances insurance money etc.

22. Establishment and termination of branch and/or local council or advisory council, agency in Bangladesh and/or in abroad.

23. For the business and interest of the company construct alter or maintain any building.

24. Make payment of wages to such person or company who gave their assistance for establishment of the company or for its business development in insurance or capital of the company, share, debenture, stock or other security.

25. Cheque, letter of right, exchange bill, warrant, debenture and other transferable and/or collection of transferable documents, exchange them, sell, accept, take in hand, prepare issue.

26. To act as agent for insurance of any bill, bond, debenture for proposed or not proposed contribution by the public and give assurance for such type of security or share money.

27. Purchase of interest, exchange or acquire interest and purchase, surrender or to release in any other way, cancel abolish or to take money against any policy, security, donation or agreement issued, executed or accepted or confined.

28. Sanction annual stipend for any kind of permanent or conditional and immediate or deferred and/or of any other type of stipend.

29. Accumulate capital for any interest of the company and keep separated such amount of property specifically under condition or unconditionally and give the profit, or any other type of special privilege, benefit chance to such class of person who have insured with any branch of the company and have transaction with the company.

30. To enter into an agreement under determinable conditions and facilities with cash money at a time or through annual premium or in any other way for formation, saving and to pay for depreciation fund, supplementary fund, abolition fund or any other special fund with lessee, loan receiver, creditor, stipend receiver and others.

31. To do such business or exchanges as the company consider to be proper for achievement of the above mentioned objectives or any one of them or any objectives related to it.