Insurance
Bancassurance: a win-win solution for Bangladesh
With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
Bancassurance can change how we do insurance
The system of selling insurance services to bank customers will ultimately expand financial inclusion.
Bancassurance for financial inclusivity
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
Insurers asked to take prior permission for branch’s relocation, closure
The insurance regulator issued a circular in this regard today
Insurance claim settlement plunges
The claim settlement ratio of life insurance companies in Bangladesh plunged to its lowest level at least in a decade in 2021 as their capacity to pay out has been reduced by bad investment, excessive costs and business slowdown caused by the coronavirus pandemic.
Govt support needed to popularise crop insurance: experts
Crop insurance may not be successful in Bangladesh if the government doesn’t extend support and awareness among farmers is not raised, said experts yesterday.
'Insurance gap' poses threats to poor nations
Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said yesterday.
Bancassurance: a win-win solution for Bangladesh
With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.
Bancassurance can change how we do insurance
The system of selling insurance services to bank customers will ultimately expand financial inclusion.
Bancassurance for financial inclusivity
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
Insurers asked to take prior permission for branch’s relocation, closure
The insurance regulator issued a circular in this regard today
Insurance claim settlement plunges
The claim settlement ratio of life insurance companies in Bangladesh plunged to its lowest level at least in a decade in 2021 as their capacity to pay out has been reduced by bad investment, excessive costs and business slowdown caused by the coronavirus pandemic.
Govt support needed to popularise crop insurance: experts
Crop insurance may not be successful in Bangladesh if the government doesn’t extend support and awareness among farmers is not raised, said experts yesterday.
'Insurance gap' poses threats to poor nations
Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said yesterday.