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.
Insurance Policy Discontinuation Bangladesh: More than 26 lakh insurance policies have lapsed in Bangladesh in the last 14 years owing to a raft of factors including the worsening of financial health of clients, a lack of awareness among them, and agents’ tendency not to explain product features properly while selling them.
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.