A meeting of the verification and complaints hearing committee under the vigilance team formed by the Bangladesh Insurance Association (BIA) was held on Saturday, 2 May, at the organisation’s conference room, as part of ongoing efforts to implement a zero per cent commission structure for individual agents in the non-life insurance sector. The session was […]

United Insurance Company Limited has reported a significant decline in profitability for the first quarter (January–March) of the current financial year, reflecting growing pressure from higher claim settlements and weaker returns from investments. According to the unaudited financial statements published on Wednesday via the Dhaka Stock Exchange (DSE) website, the insurer’s earnings per share (EPS) […]

Bangladesh’s reported request for nearly US$2 billion in fresh financing from the International Monetary Fund (IMF), alongside an additional US$1 billion from the World Bank, has triggered renewed debate over whether further borrowing will ease economic strain or deepen pressure on ordinary citizens. The discussion comes at a delicate moment, as Bangladesh is still awaiting […]