Dhaka August 29, 2025, 4:09 pm
This information has been revealed by the latest financial stability report from Bangladesh Bank
Overspending on management undermines policyholder claim settlements and reduces shareholder returns
Dr M Aslam Alam, chairman of the IDRA said this at his first press briefing on Wednesday since joining the office
The state-run insurer requests amendment to law, seeks similar patronage like SBC
In January and February 2025, the company paid Tk 63 crore in insurance claims, up from Tk 39 crore in the first two months of 2024
14 are candidates for life insurance and 21 for non-life. A total of 20 executive members will be elected, 10 each in both sectors
Boosting insurance contribution to socioeconomic dev aimed at
Vastly experienced Mr. Khosru Dostagir Alam; former general manager (GM) of Sadharan Bima Corporation (SBC), joined Central Insurance Company Limited as the Chief Executive Officer (CEO) on November 03, 2024
The decision was confirmed during a board meeting held at the ministry on Monday, in the attendance of Finance Adviser Dr Salehuddin Ahmed.
The decision was adopted at the DC Conference-2024 held on March this year
A letter signed by the division’s Joint Secretary Zahid Hossain was sent to the Insurance Development and Regulatory Authority (IDRA) and the insurance company regarding this matter
Bangladeshi expatriate workers are now enjoying the benefits of compulsory insurance schemes introduced by the government, thanks to an initiative taken by Prime Minister Sheikh Hasina
The IDRA took the decision after complaints of not payment of insurance money to the clients even after the maturity, stated the IDRA letter to Dhaka Stock Exchange (DSE)
“Please don’t bow down to pressure from anyone,” she said while opening the National Insurance Day-2023 at the Bangabandhu International Conference Centre (BICC) in the capital
President M Abdul Hamid and Prime Minister Sheikh Hasina today greeted all involved in the insurance industry, including insurance companies and the common people, on the occasion of National Insurance Day
Sunflower Life Insurance Company Limited has spent an additional Tk 175 crore during the last 10 years as management expenses that is 19 percent of the total premium income
Finance Minister AHM Mustafa Kamal has consented to participate virtually as the chief guest in the inauguration ceremony on November 24
Growth of premium income by Bangladesh’s life insurance companies declined in the first half of 2022, thanks to the Russia-Ukraine war and its fallout amid rising commodity prices and inflationary pressure
Bangladesh Insurance Development and Regulatory Authority (IDRA) and Sinosoft Co. Ltd, a China-based company, have signed an agreement to develop the insurance industry in Bangladesh
The state-owned Jiban Bima Corporation (JBC) settled insurance claims made by 210 outbound Bangladeshi workers during the period of December 2019 to June 2022
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