IDRA new insurance regulations Bangladesh

Govt to amend insurance law, limiting family ownership

The government has taken the initiative to amend the insurance law, aiming to give the regulator greater authority to dissolve and restructure the boards of insurers, limit family ownership concentration, and impose hefty fines for breaking the rules.

June 15, 2025
June 15, 2025

Govt to amend insurance law, limiting family ownership

The government has taken the initiative to amend the insurance law, aiming to give the regulator greater authority to dissolve and restructure the boards of insurers, limit family ownership concentration, and impose hefty fines for breaking the rules.