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Delta Life to appoint US actuary firm to assess health


Delta Life to appoint US actuary firm to assess health
Star Business Report
Star Business Report
Delta Life Insurance is going to appoint a foreign actuary firm to get an independent assessment of the health of the insurer, which came into the spotlight for breaching rules and making bribery allegation against the head of the industry regulator.
After appointing an administrator in the company, the Insurance Development and Regulatory Authority (IDRA) ordered special audits into Delta Life Insurance to ascertain the authenticity of allegations from stakeholders.
The auditors earlier found that the company was in breach of several regulations and that further investigation was required. ....

Km Mosharraf Hossain , Pallab Bhowmik , Pranab Kumar Bhattacharjee , Insurance Development , Regulatory Authority , Corruption Commission , Howladar Yunus Co , Delta Life Insurance , Sultan Ul Abedin Mollah , Delta Life , Anti Corruption Commission , Life Insurance , Howladar Yunus , Investigation Directorate , மீ மோஷார்ரப் ஹொசைன் , பல்லாப் பொவ்மீக் , பிரணப் குமார் பட்டாச்சார்ஜி , காப்பீடு வளர்ச்சி , ஒழுங்குமுறை அதிகாரம் , ஊழல் தரகு , டெல்டா வாழ்க்கை காப்பீடு , சுல்தான் உல் அபேடின் மொல்லாஹ் , டெல்டா வாழ்க்கை , எதிர்ப்பு ஊழல் தரகு , வாழ்க்கை காப்பீடு , விசாரணை இயக்குநரகம் ,

Administrator appointed to Delta Life Ins


Case filed over Tk 35.18cr VAT evasion
Administrator appointed to Delta Life Ins
The Insurance Development & Regulatory Authority (IDRA) yesterday appointed an administrator with immediate effect to one of the sector s leading entities, Delta Life Insurance Company, explaining that it was to protect policyholders interests. 
Meanwhile, the VAT Audit, Intelligence and Investigation Directorate filed a case against the Delta under the VAT act alleging that it had evaded paying Tk 35.18 crore in VAT.
The insurance regulator s logic behind appointing Sultan-ul-abedin Mollah, a former IDRA member, was the unearthing of many rule and regulation breaches, which came to light through special and investigative audits. ....

Bangladesh General , Adeeba Rahman , Saima Parveen , Km Mosharraf Hossain , Corruption Commission , Bangladesh Bank , Police Bureau Of Investigation , Howladar Yunus Co , Life Insurance Company , Insurance Development Regulatory Authority , Delta Life Insurance Company , High Court , Insurance Development , Regulatory Authority , Investigation Directorate , Sultan Ul Abedin Mollah , Howladar Yunus , Insurance Company , Anti Corruption Commission , Motijheel Police Station , Police Bureau , பங்களாதேஷ் ஜநரல் , சைமா பாருவீன் , மீ மோஷார்ரப் ஹொசைன் , ஊழல் தரகு , பங்களாதேஷ் வங்கி ,