IDRA cancels commissions, non-life insurers barred from using agents
The Insurance Development and Regulatory Authority (IDRA) has issued a landmark directive banning the use of agents and the payment …
Notable Rise in Derivatives Open Interest at ICICI Prudential Life Insurance Company
ICICI Prudential Life Insurance Company has witnessed a marked surge in open interest within its derivatives segment, signalling a potential …
Prime Bank Enters Payroll Partnership with Fame Group
Dhaka: In a significant move aimed at enhancing employee banking benefits, Prime Bank PLC has formalised a payroll agreement with …
Prime Islami Life Marks Silver Jubilee at Annual Meeting
The twenty-fifth Annual General Meeting of Prime Islami Life Insurance Limited was successfully convened on Wednesday, 24th December, at the …
IMAC Unveils 2026 Executive Committee, Launches Talent Initiative
The Insurance Managers Association of Cayman (IMAC), the leading professional body representing insurance managers, captive insurance companies, and service providers …
Sonali Life Reaffirms Stability at Twelfth Annual General Meeting
Sonali Life Insurance Company Limited recently convened its twelfth Annual General Meeting (AGM) on Wednesday, 24 December 2025, at 10:00 …
IDRA Mandates Abolition of Non-Life Insurance Agency Commissions
The regulatory landscape for non-life insurance in Bangladesh is undergoing a profound and controversial overhaul. For decades, the “agent commission” …
Non-Life Insurance Premiums Grow as Investments Recede in 2024
The Bangladesh Insurance Association (BIA) has released its 2024 annual report, offering a comprehensive audit of the financial health of …
Understanding Bangladesh’s Insurance Market, Sector, and Industry
Bangladesh’s economy is growing rapidly, and the insurance sector is increasingly becoming a critical component of this expansion. However, many …
National Life Settles Insurance Claims Worth Tk37.5 Crore
National Life Insurance has successfully disbursed insurance claims amounting to Tk37.5 crore to policyholders in the Greater Dhaka area. The …