Category: Business

national life settles 175 crore taka in claims National Life Settles 1.75 Crore Taka in Claims

National Life Settles 1.75 Crore Taka in Claims

National Life Insurance PLC, the pre-eminent titan of Bangladesh’s insurance landscape, underscored its commitment to policyholder welfare by settling insurance claims totalling 1.75 Crore BDT. The significant payout took place on 27 December 2025 during a grand Year-End Review Meeting held at the Dream Holiday Park in Narsingdi. The company’s Chairman, Tofazzal Hossain, attended as […]
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idra issues new mandates for fire insurance rates IDRA Issues New Mandates for Fire Insurance Rates

IDRA Issues New Mandates for Fire Insurance Rates

The Insurance Development and Regulatory Authority (IDRA) has issued a rigorous set of eight directives aimed at non-life insurance companies regarding the approval of Fire Package Rates. In a formal communication released on Wednesday, 24 December, the regulator expressed concerns that the submission of applications lacking necessary documentation or failing to adhere to established guidelines […]
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lic and sahaj insurance are expanding insurance access in rural areas LIC and Sahaj Insurance are expanding insurance access in rural areas

LIC and Sahaj Insurance are expanding insurance access in rural areas

The Life Insurance Corporation of India (LIC) has entered into a strategic partnership with Sahaj Insurance Services Private Limited to bolster insurance access across rural and semi‑urban regions of India. The collaboration aims to bridge the gap in insurance awareness and adoption, particularly in areas where life insurance penetration has traditionally been limited. Under this […]
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credit card usage rises domestically and internationally bangladesh bank Credit card usage rises domestically and internationally: Bangladesh Bank

Credit card usage rises domestically and internationally: Bangladesh Bank

Credit card usage in Bangladesh witnessed a notable surge in October, with both domestic transactions and expenditures by Bangladeshis abroad showing significant growth, according to the latest report by Bangladesh Bank. The central bank highlighted an overall upward trend in financial activity, encompassing domestic spending, foreign travel transactions, and spending by international visitors within the […]
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significant rise in derivatives open interest at icici prudential life Significant Rise in Derivatives Open Interest at ICICI Prudential Life

Significant Rise in Derivatives Open Interest at ICICI Prudential Life

ICICI Prudential Life Insurance Company has witnessed a pronounced rise in derivatives open interest, reflecting shifting market positioning and nuanced investor sentiment. This development emerges amid a backdrop of mixed price movements and evolving trading volumes, offering valuable insights into potential directional strategies pursued by market participants. Open Interest and Trading Activity According to recent […]
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brac banks top award in chalo abroad campaign BRAC Bank's top award in Chalo Abroad campaign

BRAC Bank’s top award in Chalo Abroad campaign

BRAC Bank has formally recognised the outstanding performers of its recently concluded bancassurance campaign, “Cholo Bidesh”, executed in strategic partnership with Pragati Life Insurance PLC. The initiative exemplifies the bank’s commitment to expanding access to insurance solutions while fostering value-driven collaborations. The “Cholo Bidesh” campaign marked a significant milestone in BRAC Bank’s growing bancassurance portfolio. […]
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