The seminar titled 'Potentiality of flood insurance in the context of Bangladesh' was organised by Institute of Development, Environment and Strategic Studies (IDESS), a research branch under the Department of Economics of North South University (NSU).

Mentioning flood as a perennial problem in the country, they said government subsidy to make the market viable can not be a long-term solution for such a market to sustain.

They also said integrated effort of NGOs and insurance companies may reduce the cost of providing flood insurance to the flood affected people.

Research results of the first phase of a project titled 'Poverty Reduction and Environment Management' (Prem), funded by Dutch Ministry of Foreign Affairs and the follow-up of the project, carried out by IDESS, have been discussed at the seminar.

Prof AK Enamul Haque of East West University, Dr Roy Brouwer, senior researcher of Institute of Vrije Universiteit, Amsterdam and Sonia Aftab, lecturer of Economics department of NSU presented their research paper at the seminar.

Dr Hafiz G A Siddiqi, vice chancellor of NSU and Prof M Ali Rashid, director of IDESS also spoke at the seminar.