DELTA LIFE INS CRISIS Star Business Report Star Business Report The Bangladesh Securities and Exchange Commission (BSEC) has appointed a special auditor for Delta Life Insurance Company to assess the firm's health. The move comes following allegations of regulatory breaches by the listed insurer. The Insurance Development and Regulatory Authority (IDRA) appointed Sultan-ul-abedin Mollah as an administrator of Delta Life Insurance on February 11. The IDRA said they took this initiative to protect the policyholders' interests and submit a report on the company's situation within four months. Earlier, Delta Life Insurance accused IDRA Chairman M Mosharraf Hossain of seeking Tk 50 lakh in bribes to approve the reappointment of the company's CEO and renewing the actuarial valuation basis.