Insurance claim settlement up 4% in 2023: IDRA
National Insurance Day on March 1
Source: thedailystar.net
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IDRA seeks govt support for insurance coverage expansion
IDRA has sought cooperation from ministries and public entities to expand insurance coverage for citizens and properties to reduce the risks of damage and losses.
Source: thedailystar.net
18 non-life insurers spent beyond regulatory limits in 2022
Limit on expenses for non-life insurance firms: 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.
Source: thedailystar.net
IDRA rolls out policyholder protection measures
For the first time in Bangladesh, the Insurance Development and Regulatory Authority (IDRA) has issued insurance policyholder protection guidelines today to protect the interest of policyholders.
Source: thedailystar.net
Regulatory nod a must for foreign travel of insurance officials
The insurers also have to explain how it will be benefitted by a company-sponsored foreign travel of an official
Source: thedailystar.net