The system of selling insurance services to bank customers will ultimately expand financial inclusion.
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
The insurance regulator issued a circular in this regard today
The claim settlement ratio of life insurance companies in Bangladesh plunged to its lowest level at least in a decade in 2021 as their capacity to pay out has been reduced by bad investment, excessive costs and business slowdown caused by the coronavirus pandemic.
Crop insurance may not be successful in Bangladesh if the government doesn’t extend support and awareness among farmers is not raised, said experts yesterday.
Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said yesterday.
The system of selling insurance services to bank customers will ultimately expand financial inclusion.
The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.
The insurance regulator issued a circular in this regard today
The claim settlement ratio of life insurance companies in Bangladesh plunged to its lowest level at least in a decade in 2021 as their capacity to pay out has been reduced by bad investment, excessive costs and business slowdown caused by the coronavirus pandemic.
Crop insurance may not be successful in Bangladesh if the government doesn’t extend support and awareness among farmers is not raised, said experts yesterday.
Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said yesterday.