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Progressive Life Insurance Co (DHA:PROGRESLIF) Altman Z-Score


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What is Progressive Life Insurance Co Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Progressive Life Insurance Co (DHA:PROGRESLIF) Business Description

Traded in Other Exchanges
N/A
Address
National Scout Bhaban (4th,5th,6th,7th & 11th Floor), 70/1 Inner Circular Road, Kakrail, Dhaka, BGD, 1000
Progressive Life Insurance Co Ltd provides various life insurance products and services in Bangladesh. It is engaged in a different portfolio of traditional life insurance business i.e. Ordinary Life, Group Life including pension, health scheme, and micro life insurance business under names of Sujan Bima and Surrid Bima.