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The Parliament of Bangladesh on 3 March 2010 has passed two insurance laws in a bid to further strengthen the regulatory framework for the insurance industry. The new laws came into effect on 18 March 2010, are the Insurance Act 2010 and IDRA Act 2010. A total of 81 insurance companies have been operating in the country.
The management of the academy is vested in a board formed by the government. The academy also provides tailor-made insurance training for the insurance operators in Bangladesh. Additionally it organizes customized training sessions, seminars, symposiums and conferences on issues relating to the insurance sector of Bangladesh. [1]
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh.The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
Thereafter, SBC was acting as the sole insurer of general insurance till 1984. In the year 1984 Bangladesh Government allowed insurance companies in the private sector and to that effect promulgated the Insurance Corporations (Amendment) Ordinance 1984. Sayed Bealal Hossain is the Managing Director of Sadharan Bima Corporation. [2]
Bangladesh Forms and Publication Office (Bengali: বাংলাদেশ ফর্ম ও প্রকাশনা অফিস) is a Bangladesh government department under the Ministry of Public Administration. The department is responsible for supplying official documents including land registration certificates, marriage certificates ...
9. Padma Islami Life Insurance Company Ltd. 10. Popular Life Insurance Company Ltd. 11. Bengal Islami Life Insurance Ltd. 12. Prime Islami Life Insurance Co. Ltd. 13. Rupali Life Insurance Company Ltd. 14. Sandhani Life Insurance Company Ltd. 15. Sunflower Life Insurance Company Ltd. 16. Sunlife Insurance Company Ltd. 17. Zenith Islami Life ...
The Bangladesh Investment Development Authority (BIDA) (Bengali: বাংলাদেশ বিনিয়োগ উন্নয়ন কর্তৃপক্ষ) is the apex investment promotion agency (IPA) of Bangladesh under the Chief Adviser's Office. BIDA promotes and facilitates private investment and advocates business-friendly policies.
[4] [5] According to a study by Transparency International Bangladesh there were 23 specific incidents of corruption in the Office of the Controller General of Accounts. [6] The Office of the Controller General of Accounts sometimes collaborates with the Office of the Comptroller and Auditor General of Bangladesh .