Bangladesh: Green Delta Launches Pioneering Pet Insurance
Green Delta, a private insurance provider in Bangladesh, has made history by launching the country’s first pet insurance product. This innovative offering is designed to provide financial protection for pet owners, covering dogs and cats against various risks.
The pet insurance policy will cover accidental injuries, critical illnesses, and specific diseases. For dogs, coverage ranges from Tk20,000 ($164) to Tk80,000, while cat owners can expect coverage between Tk10,000 and Tk30,000. With a significant pet-owning population in major cities like Dhaka and Chattogram—estimated to be over 200,000—the market presents a promising opportunity.
Green Delta has partnered with various entities to provide policyholders with special incentives. These include a 15% discount on pet products from Aster Pharmacy and a 10% discount on various services at Petland. This strategy enhances the appeal of the insurance product and offers added value to pet owners.
The global pet insurance market is experiencing substantial growth. According to data from Allied Market Research, the market was valued at $10.1 billion in 2023. Projections estimate that this figure will reach $38.3 billion by 2033, reflecting a compound annual growth rate of 14.5%.
By Jimmy John, March 26, 2025
