News
Guardian Life reports strong claims settlement in Q1
10+ hour, 37+ min ago (272+ words) Guardian Life Insurance Limited has reinforced its market leadership by settling 56, 478 claims in the first quarter of 2026, disbursing a total of Tk150. 84 crore to policyholders and beneficiaries. According to a company statement, the payouts comprised insurance benefits, death claims and medical…...
Bureaucratic hurdles are forcing us into 'systematic thieves': Restaurant owners' leader
1+ day, 22+ hour ago (279+ words) Friday May 01, 2026 "Enforcement actions disproportionately target those who pay VAT and taxes, while non-compliant businesses often go unchecked," he made the remarks at a pre-budget consultation meeting jointly organised by the National Board of Revenue (NBR) and the Federation of…...
Bangladeshis spend Tk68 crore in US via credit cards in December
1+ mon, 3+ week ago (222+ words) Bangladeshis spent Tk68 crore through credit cards in the United States during December 2025, according to a report published by Bangladesh Bank. The latest data, released in the central bank's report titled "An Overview of Card Usage Patterns Within and Outside Bangladesh…...
IDRA motor insurance sees low response amid high premiums, non-compulsory rules
2+ mon, 2+ week ago (615+ words) Wednesday February 11, 2026 Bangladesh recorded 6, 729 road accidents in 2025, resulting in 9, 111 deaths and 14, 812 injuries, highlighting road safety as a pressing national concern." Third-party motor insurance, intended to provide financial coverage for those affected by such incidents, remains underutilised despite its potential as…...
Low claims settlement rate deepens confidence crisis in insurance sector
3+ mon, 1+ week ago (667+ words) Tuesday January 27, 2026 Bangladesh's insurance companies paid out less than half of the premiums collected in the first nine months of 2025, raising concerns over mounting unpaid claims and eroding public confidence. According to official data, between January and September 2025, insurance companies…...
Mobile manufacturers accuse NEIR protesters of blocking opening of authorised shops
3+ mon, 2+ week ago (566+ words) Saturday January 17, 2026 Mobile phone manufacturers have alleged that protesting handset traders are preventing the opening of authorised showrooms, outlets that exclusively sell locally produced mobile phones of foreign brands, as demonstrations continue against the government's National Equipment Identity Register (NEIR)…...
IDRA scraps commission payments in non-life insurance sector
4+ mon, 1+ 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,…...
Non-life insurance hopes for reset as zero commission takes effect
3+ mon, 3+ 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…...
ULAB partners United Healthcare Services Ltd to provide healthcare support
3+ mon, 3+ week ago (152+ words) Wednesday January 07, 2026 The University of Liberal Arts Bangladesh (ULAB) and United Healthcare Services Ltd, Branch-1 (MEDIX), signed a memorandum of understanding (Mo U) on 5 January 2025 to ensure comprehensive healthcare support for ULAB employees and their dependents. Under the agreement, healthcare facilities…...