The Insurance Development and Regulatory Authority (Idra) has proposed stricter limits on how much life and non-life insurance companies can spend on management costs, aiming to strengthen financial discipline and reduce delays in claim settlements.

Analysts, experts attend the Second Social Insurance Forum jointly organised by the CPD and GiZ

No additional salary, allowance, bonus and benefit beyond the limit stipulated in the laws can be given to the CEOs of insurance companies, the insurance regulator said in a notification on Monday.

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.

The insurance sector's returns on investment in fixed assets such as land, buildings, floors and flats have been minimal, raising