
As non-life insurers falter in claims settlement, policyholders are in distress
Non-life insurance companies in Bangladesh have not been able to settle around 68 per cent of the claims submitted in the year 2024. This has resulted in outstanding claims amounting to approximately TK26,350m ($217m) by the end of the year.
This information is based on the unaudited data made available by 46 public and private non-life insurance companies to the country’s insurance regulator, Insurance Development and Regulatory Authority (IDRA).

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.
The 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
specifies various requirements for ...
