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News

The Business Standard
tbsnews.net > economy > stocks > 73-tk10611cr-claims-unpaid-till-march-non-life-settlements-just-11-1493451

73% of Tk10,611cr claims unpaid till March; non-life settlements at just 11%

14+ hour, 25+ min ago  (750+ words) Monday July 20, 2026 Bangladesh's insurance industry continues to struggle with claim settlements, with more than seven out of every 10 claims remaining unpaid as of March this year, despite a legal requirement to settle valid claims within 90 days. According to the latest…...

The Business Standard
tbsnews.net > economy > corporates > guardian-life-settles-tk334cr-claims-first-half-2026-1486301

Guardian Life settles Tk334cr in claims in first half of 2026

1+ week, 1+ day ago  (234+ words) Sunday July 12, 2026 Guardian Life Insurance Limited reported a significant surge in claim settlements, disbursing Tk334.09 crore against 131,593 insurance claims in the first half of 2026—a 34.3% rise from Tk248.81 crore during the same period of the previous year. From January to June, the…...

The Business Standard
tbsnews.net > economy > stocks > cost-cuts-commission-removal-drive-non-life-insurance-profits-higher-q1-1452771

Cost cuts, commission removal drive non-life insurance profits higher in Q1

1+ mon, 2+ week ago  (576+ words) Profits at most non-life insurance companies rose in the first quarter (January–March) of the current year compared to the same period last year mainly due to the introduction of zero commission in non-life insurance, cost cuts against the growth…...

The Business Standard
tbsnews.net > economy > corporates > ebl-shanta-life-launch-bancassurance-products-and-services-1402101

EBL, Shanta Life launch bancassurance products and services

3+ mon, 2+ week ago  (247+ words) Eastern Bank PLC (EBL) and Shanta Life Insurance PLC have jointly launched bancassurance products and services, enabling customers to access life insurance solutions directly through banking channels. The service was officially inaugurated at a ceremony held at EBL's head office…...

The Business Standard
tbsnews.net > economy > corporates > trust-bank-partners-astha-life-insurance-1400951

Trust Bank partners with Astha Life Insurance

3+ mon, 2+ week ago  (128+ words) Thursday April 02, 2026 Trust Bank PLC has signed an agreement with Astha Life Insurance Limited to introduce credit shield coverage for its credit cardholders, marking a significant step in expanding financial security offerings. The agreement was signed by Trust Bank PLC…...

The Business Standard
tbsnews.net > job > front-end-developer-chartered-life-insuranc-1381846

Front-End Developer | Chartered Life Insuranc

4+ mon, 1+ week ago  (91+ words) Monday March 09, 2026 Company: Chartered Life Insurance PLC. We're Hiring | Frontend Developer (Executive Officer to Assistant Manager) Chartered Life Insurance PLC. is looking for a passionate and skilled Frontend Developer to join our growing technology team. If you enjoy building modern,…...

The Business Standard
tbsnews.net > job > head-group-insurance-department-rank-svpevp-prime-islami-life-insurance-limited-1333051

Head of Group Insurance Department in the rank of SVP/EVP | Prime Islami Life Insurance Limited

6+ mon, 1+ week ago  (96+ words) Wednesday January 14, 2026 Prime Islami Life Insurance Limited a prestigious and fully Shariah based listed Life Insurance Company in privet sector is going to recruit Head of Group Insurance Department in the rank of SVP/EVP. The person who fulfills the…...

The Business Standard
tbsnews.net > economy > idra-scraps-commission-payments-non-life-insurance-sector-1318421

IDRA scraps commission payments in non-life insurance sector

6+ mon, 3+ week ago  (329+ words) Monday January 12, 2026 The Insurance Development and Regulatory Authority (IDRA) has scrapped the scope for paying commissions in the non-life insurance sector, suspending all individual agent licences with effect from 1 January 2026. The decision was announced in a circular issued on 23 December,…...

The Business Standard
tbsnews.net > economy > stocks > non-life-insurance-hopes-reset-zero-commission-takes-effect-1331046

Non-life insurance hopes for reset as zero commission takes effect

6+ mon, 1+ week ago  (742+ words) Sunday January 11, 2026 The non-life insurance sector is gearing up for a fresh start as the Insurance Development and Regulatory Authority (IDRA) enforces a zero-commission policy, effective 1 January, suspending the licenses of individual agents, aiming to boost transparency, curb malpractice, and…...

The Business Standard
tbsnews.net > economy > stocks > sonali-life-insurance-upgraded-category-agm-approves-dividend-1226501

Sonali Life Insurance upgraded to 'A' category as AGM approves dividend

10+ mon, 2+ week ago  (254+ words) Tuesday September 02, 2025 Sonali Life Insurance Company Limited has been reclassified to the 'A' category from the 'Z' category on the Dhaka Stock Exchange (DSE), effective from yesterday, following the company's successful annual general meeting (AGM) and approval of a 10% cash…...