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Overview of Non-Life Insurance Sector

Currently there are 78 insurance companies including two previously mentioned government owned corporations. Among these, 47 are non-life insurance companies and 31 are life insurance companies. 35 non-life and 12 life insurance companies are listed in the capital market. However, Insurance sector is still undergrown considering the age of privatization and comparing with other constituents […]

  • Published on: October 17, 2019

The Untapped Potential of the Insurance Industry

Risk is one of its most challenging and constant aspects of the human experience. By providing financial backing in case of unexpected events, insurance attempts to reduce the impact of risk on our health, belongings, and businesses. The insurance industry is not only central to the creation of a stable business environment but also critical […]
Potential for Growth: Transforming Bangladesh’s Insurance Sector

The role of insurance in managing risks in an economy cannot be overstated. At a micro level, insurance safeguards households and companies from a myriad of risks. From a macro perspective, it reduces the financial burden on a government and creates a stable environment in which businesses can thrive and succeed. While Bangladesh has taken […]

  • Published on: July 24, 2019
Bangladesh: Agriculture Insurance Situation Analysis

Agriculture is key in Bangladesh but highly exposed to risks. Agriculture is a source of employment and livelihood for nearly 1 in 2 adults in Bangladesh and contributes about 16% to GDP. Contribution to agricultural GDP comes mainly from crop production (63%) but also from fisheries (23%), as well as livestock and poultry (14%). There are about 15 […]

  • Author: Quayyum, Shah Nur; Clarke, Daniel Jonathan; Lo Re, Francesca; Sberro, Rachel; Stutley, Charles;
  • Published on: February 18, 2019
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