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Category Archives: Insurance

Popular Life organises workshop on ‘Money Laundering


Insurance Desk BM Yousuf Ali, Managing Director of Popular Life Insurance Company Ltd presided over a training workshop on ‘Money Laundering and Prevention on Terrorism Financing’ at a hotel in Cox’s Bazar recently. BM Sawkot Ali, Additional Managing Director, Roy Debdas, Senior Consultant and Nandon Battacharja, Deputy Managing Director of the company were also present among others. Read More »

Annual get togetherof Popular Life Insurance Co held

Coxbazarpop An annual get together and discussion programme for target achieved officers of Popular Life Insurance Co Ltd held at Cox’s Bazar recently. BM Yousuf Ali, Managing Director and CEO, BM Showkat Ali, Additional Managing Director, Abdul Awal Hawlader, former additional secretary and consultant, Roy Devdash, former chief insurance regulator and senior advisor and Kazi Md Fazlul Karim, Senior DMD ... Read More »

Green Delta signs agreement Farzana Chowdhury, CEO of Green Delta Insurance Company and Dr Ananya Raihan, CEO of iSocial (a social enterprise for bridging marginalized community) exchanging a signing documents of Kallyani Project in the city recently. Nasir A Choudhury, Advisor and Founding Managing Director of the company was also present. Read More »

IDRA backtracks on new directive on insurers’ expenses

  The insurance regulator has decided not to implement its new directive on management expenses for non-life insurers after it found that the ceiling was unrealistic for the industry. The Insurance Development and Regulatory Authority will continue to follow the 1958 Insurance Act on management expenses. “Our proposal was mistakenly changed in the final gazette notification. So, we have decided ... Read More »

AGM of crystal Insurance Co held The 16th Annual General Meeting of Crystal Insurance Company Limited was held on Tuesday in the city. Chairman of the Company Abdullah Al-Mahmud (Mahin) is seen presiding over the meeting. Read More »

Prime Insurance Co hands over claim cheque

prime Mohammodi Khanam, CEO of Prime Insurance Company handed over a claim cheque of Tk. 6 lakh to Mahmuda Shahed recently at the office of Bangladesh Flying Academy. Syed Monirul Haque, DMD & Head of Operation of the company and Capt. Ahmed Fazlur Rahman, Secretary General of Bangladesh Flying Academy were also present in the occasion. Read More »

Sunflower Life Insurance Co gets new CEO

sunflower Insurance Development & Regulatory Authority Bangladesh has recently approved appointment of Md Shamsul Alam as Chief Executive Officer of Sunflower Life Insurance Company Ltd. Earlier, Md Alam served the company as CEO (in-charge) and some other vital posts. Alsm obtained his B. Com (Hon) M. Com (Marketing) from Dhaka University in the year 1990. Prior to his joining with ... Read More »

ACC probing irregularities of 17 insurance companies

The Anti Corruption Commissioner (ACC) has launched an investigation into 17 insurance companies following allegations that they embezzled more than Tk 15 billion belonging to their clients, ACC spokesperson Pranab Kumar Bhattacharya on Tuesday told that these companies reportedly stole this huge amount of money in the name of additional management costs. These companies on the ACC list ... Read More »

Union Insurance hands over claim cheque Talukder Md Zakaria Hossain, Chief Executive Officer of Union Insurance Company Limited recently handed over a claim cheque to Md Tariqul Islam, proprietor of M/S Keya Enterprise against five year insurance policy. Company Secretary Md Iqbal Rashidi and Head of Claim Md Abdur Rahim of the insurance company were present. Read More »

AGM of Peoples Insurance Co Ltd held

peoples  The 31st AGM of Peoples Insurance Company Limited  was held recently in the city. Chairman Mohamed Ali Hossain. Directors Hasan Ahmed, Saiful Arefin Khaled, Jafar Ahmed Patwari, Kabir Ahmed, Md. Mahfuzur Rahman Bhuiyan, FCA, & Chief Executive Officer, M. H. Khaled of the Company attended the meeting among others. The AGM declares 10 percent cash dividend for the year ... Read More »