Bangladesh’s foreign exchange reserves have staged a notable recovery, breaching the $28 billion milestone following a significant liquidity injection over the last three weeks. According to Arif Hossain Khan, Executive Director and spokesperson for the Bangladesh Bank, the gross reserves climbed to $28.04 billion as of 22 December 2024. This surge represents a rapid appreciation […]

The landscape of Bangladesh’s non-life insurance sector is currently facing a seismic transformation following a definitive directive from the Insurance Development and Regulatory Authority (IDRA). For decades, the concept of “agent commission” has been a focal point of intense controversy, serving as both the lifeblood of business acquisition and a source of systemic market distortion. […]

The Bangladesh Insurance Association (BIA) has released its annual report for 2024, offering a comprehensive evaluation of the nation’s private insurance sector. Presented during the association’s recent Annual General Meeting, the document illustrates a complex financial landscape where steady growth in total assets and capital reserves is currently being offset by fluctuating premium incomes and […]