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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.
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.
27. Delta Life Insurance Ltd. 28. Trust Islami Life Insurance Co. Ltd. 29. Jamuna Life Insurance Ltd. 30. Golden Life Insurance Ltd. 31. Homeland Life Insurance Company Ltd. 32. Life Insurance Corporation (LIC) of Bangladesh Ltd. 33. BAIRA Life Insurance Company Ltd. 34. Gurdian Life insurance Ltd. 35. Progressive Life Insurance Company Ltd. 36.
Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
An agreement between Sadharan Bima Corporation and Bangladesh Insurance Association (BIA) was introduced for stabilizing non-life insurance market under which Sadharan Bima Corporation underwritten 100% Public Property Non-life Business and 50% of it was equally distributed among the private sector non-life insurance companies. Now As per ...
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