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Category Archives: Insurance

Green Delta signs agreement

businessnews24bd.com 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

businessanews24.com 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

businessnews24bd.com 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

businessnews24bd.com 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, bdnews24.com ACC spokesperson Pranab Kumar Bhattacharya on Tuesday told bdnews24.com 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

businessnews24bd.com 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

businessnews24bd.com  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 »

Green Delta re-elects chairman, vice chairman

businessnews24bd.com Abdul Hafiz Choudhury and Kamran Idris Chowdhury have been re-elected as chairman and vice chairman of Green Delta Insurance. Abdul Hafiz Choudhury is a former senior partner of Rahman Rahman Huq, a member firm of KPMG International, Green Delta said in a statement. He was also the president of the Institute of Chartered Accountants of Bangladesh and a member ... Read More »

Insurance Fair-2016 kicks off in city

businessnews24bd.com The first-ever Insurance Fair in Bangladesh kicked off on Wednesday with an aim to make people aware about insurance benefits and get more access to the clients.Finance Minister Abul Maal Abdul Muhith addressed the inaugural ceremony of the 3-day fair at the Bangabandhu International Conference Center (BICC) in the city. IDRA Chairman M Shefaque Ahmed presided over the function. ... Read More »

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