Insurance Development and Regulatory Authority (IDRA)
Administrator appointed for Sonali Life Insurance
Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
Padma Islami served show cause notice over Tk 211cr unsettled claims
The Insurance Development and Regulatory Authority (IDRA) has given Padma Islami Life Insurance five working days to explain why they should not be penalised for failing to settle claims amounting to Tk 211.82 crore last year.
Insurance claim settlement up 4% in 2023: IDRA
National Insurance Day on March 1
Regulatory nod a must for foreign travel of insurance officials
The insurers also have to explain how it will be benefitted by a company-sponsored foreign travel of an official
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
No more online training for insurance agents: IDRA
Insurers also have to take prior regulatory approval for agent training
eGeneration to set up data centre for IDRA at Tk 15 crore
The data centre will be established within six to nine months
Insurers asked to take prior permission for branch’s relocation, closure
The insurance regulator issued a circular in this regard today
Administrator appointed for Sonali Life Insurance
Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
Padma Islami served show cause notice over Tk 211cr unsettled claims
The Insurance Development and Regulatory Authority (IDRA) has given Padma Islami Life Insurance five working days to explain why they should not be penalised for failing to settle claims amounting to Tk 211.82 crore last year.
Insurance claim settlement up 4% in 2023: IDRA
National Insurance Day on March 1
Regulatory nod a must for foreign travel of insurance officials
The insurers also have to explain how it will be benefitted by a company-sponsored foreign travel of an official
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
No more online training for insurance agents: IDRA
Insurers also have to take prior regulatory approval for agent training
eGeneration to set up data centre for IDRA at Tk 15 crore
The data centre will be established within six to nine months
Insurers asked to take prior permission for branch’s relocation, closure
The insurance regulator issued a circular in this regard today
