Browsing: Bangladesh

The number of insurance policy lapses decreased in 2024, but the high discontinuation rate still signals fragile customer confidence in Bangladesh’s insurance sector.

Green Delta, a private insurer, introduces pet insurance in Bangladesh to cover dogs and cats.

Green Delta, a private insurer in Bangladesh, has introduced the country’s first pet insurance, offering coverage for dogs and cats.

The Insurance Development and Regulatory Authority (IDRA) is taking action against six life insurance companies facing significant issues in settling policyholder claims, demanding immediate action plans to address the failures.

Golden Life Insurance Limited, a private insurer in Bangladesh, is facing a severe financial crisis marked by unpaid claims, operational failures, and a closed headquarters. The Insurance Development and Regulatory Authority (Idra) has intervened to address the situation.

Golden Life Insurance Limited faces severe financial difficulties, with unpaid claims, closed headquarters, and regulatory scrutiny.

Stakeholders suggest mergers to address excessive competition and improve service quality in Bangladesh’s insurance industry.

Excellent Ceramics Group, a leading manufacturer in Bangladesh, has partnered with MetLife to provide comprehensive insurance coverage for its employees.