Find Insurance and Reinsurance expertise in Bangladesh
The country’s stock exchange lists over 40 insurance companies, with the greater majority being private firms, although the largest – Sadharan Bima Corporation ¬- is a government-owned concern. Delta Life Insurance is the largest private-sector player. Most of the companies are exclusively general insurance providers. Recently the industry underwent an overhaul in order to make the insurance sector within the country more efficient, with the help of international aid. A couple of professional organisations operate to promote good practice within the sector; these are the Bangladesh Insurance Association and the Bangladesh Insurance Academy. The industry is governed by the Insurance Regulatory Authority Bill and the Insurance Bill of 2010. The Chief Controller of Insurance is the main regulator.