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The Insurance Development and Regulatory Authority (IDRA) has directed life insurance companies to provide accurate information in their reports, stating that inconsistencies were regularly found with what it later unearthed through investigations.
Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network
DHAKA, Dec 10, 2023 (BSS) - The Institute of Chartered Secretaries of Bangladesh (ICSB) offered training on 'Insurer Corporate Governance
Idra is yet to set up the Life Policyholders Protection Fund although more than a decade has passed
The lack of trust that plagues the insurance companies could be mitigated when insurance products are sold through banks