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New Life Insurers report losses in 2015

The 13 newly licensed life insurance companies in Bangladesh have all reported incurring losses throughout last year due to declining premium income and high management cost. This was the content of the report prepared by the Insurance Development Regulatory Authority (IDRA), the country’s insurance regulator. insuranceThe report showed that the 13 new life insurance firms posted earnings of Tk1.17 billion (US$15 million) against their management cost of Tk1.18 billion (US$15.1 million...

Governance, risk & compliance of insurance industry

Research and Markets has announced the addition of the “Governance, Risk and Compliance - The Bangladeshi Insurance Industry” report to their offering. ‘Governance, Risk and Compliance - The Bangladeshi Insurance Industry report is the result of extensive research into the insurance regulatory framework in Bangladesh. It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report bd insurancespecifies various requirements for ...