Non-life insurance companies
16 non-life insurers fined Tk 83 lakh for irregularities
All but Bangladesh Co-operative Insurance have already paid the fines
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
Non-life insurers can now collect premium thru MFS
Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.
16 non-life insurers fined Tk 83 lakh for irregularities
All but Bangladesh Co-operative Insurance have already paid the fines
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
Non-life insurers can now collect premium thru MFS
Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.