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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 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 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]
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 Insurance Ltd. 18. Mercantile Islami Life ...
Jiban Bima Corporation (JBC) is the state-run life insurance corporation in Bangladesh under the provisions of the Insurance Act 1938, Insurance Rules 1958, and related other laws enforceable in Bangladesh in Bangladesh Corporation Act 1973. The JBC started on 14 May 1973 with assets and liabilities worth TK.
Dr. Muhammad Qudrat-e-Khoda Commission Report in 1974 recommended that the government of Bangladesh form a separate bureau within the Ministry of Education to collection information on education in Bangladesh. The bureau was modelled on the Central Bureau of Education.
Department of Inspection for Factories and Establishments (DIFE) is an autonomous government agency responsible for health and safety inspection in factories and industries in Bangladesh with its Inspection units RMG Sustainability Council (RSC) and Remediation Coordination Cell (RCC) and is located in Dhaka, Bangladesh. It also provides ...