The United States has imposed sanctions on former chief of Bangladesh Army Aziz Ahmed and his immediate family members due to his involvement in significant corruption. The US Department of State made the announcement saying that his actions have contributed to the undermining of Bangladesh's democratic institutions and the public's faith in public institutions and processes.
Twenty-one life insurance companies in Bangladesh have failed to comply with the rule that makes it mandatory for them to invest 30 percent of their assets in government securities, the regulator has found.
The Insurance Development and Regulatory Authority (Idra) is now seeking cooperation from ministries and public entities to expand insurance coverage for citizens and properties of the country in order to reduce the risks of damage and losses. Currently, insurance penetration.
IDRA: The insurance regulator continues to have its hands full dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
Life insurance claims settlement: The Insurance Development and Regulatory Authority (IDRA) has ordered four life insurance companies to not spend any amount from their income through premiums, investments and life funds unless they settle claims of policyholders by the end of December