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Top News In Insurance Development Today - Breaking & Trending Today

City Bank gets BB nod to sell insurance products - Vimarsana News

City Bank gets BB nod to sell insurance products

City Bank yesterday received approval from Bangladesh Bank to start bancassurance business with Guardian Life Insurance Ltd.

Marine insurance in Bangladesh: 0.30% minimum premium hurts importers, competitiveness - Vimarsana News

Marine insurance in Bangladesh: 0.30% minimum premium hurts importers, competitiveness

No other country has a specified minimum insurance rate, with the global rate ranging between 0.01% and 0.1%

IDRA instructs insurers not to take loans against paid-up capital - Vimarsana News

IDRA instructs insurers not to take loans against paid-up capital

IDRA has instructed insurers to keep an equivalent ‍amount of paid-up capital as deposits at banks under the company’s name without liability

Sonali Life Insurance board suspends CEO - Vimarsana News

Sonali Life Insurance board suspends CEO

Just 15 days past a regulatory audit being initiated against him, the chairperson of Sonali Life Insurance has informed that its board of directors had suspended its chief executive officer (CEO) yesterday over allegations of misappropriating funds.

IDRA removes two-thirds of Swadesh Insurance directors over fund scam - Vimarsana News

IDRA removes two-thirds of Swadesh Insurance directors over fund scam

IDRA has relieved 12 of the 18 directors of Swadesh Islami Life Insurance Company over allegations of embezzling fixed deposit among others