IDRA Targets 75 Per Cent Claim Settlement to Clear Backlog
Bangladesh’s Insurance Development and Regulatory Authority (IDRA) has set an ambitious target to raise the industry’s claim settlement rate from 57 per cent, recorded in June, to at least 75 per cent. The regulatory drive comes as the nation’s insurance sector grapples with a staggering Tk 70 billion in unpaid claims. Speaking at a special […]
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