News
Unverified bank balances raise fears of fraud in insurance sector
2+ hour, 17+ min ago (307+ words) Wednesday June 03, 2026 A series of alarming audit reports has cast a shadow over the transparency of Bangladesh's general insurance sector, revealing that auditors have been unable to independently verify crores of taka reported as cash and fixed deposits held in…...
Pragati Insurance moves into credit bureau sector
2+ week, 3+ day ago (407+ words) Sunday May 17, 2026 Pragati Insurance PLC, one of Bangladesh's leading general insurers, is set to diversify its investment portfolio by entering the emerging private credit bureau sector, according to a price sensitive disclosure issued on the Dhaka Stock Exchange (DSE). In…...
Sonar Bangla Insurance declares 10% dividend as earnings surge 245%
3+ week, 3+ day ago (222+ words) The board of directors of Sonar Bangla Insurance Limited has recommended a 10% dividend, comprising 5% cash and 5% stock, for the financial year ended 31 December 2025. Despite the dividend declaration and a sharp rise in annual profitability, the general insurer's share price dropped…...
Guardian signs deal with Reckitt Bangladesh for employee insurance
3+ week, 3+ day ago (317+ words) Sunday May 10, 2026 Guardian Life Insurance Limited has recently signed an agreement with Reckitt Bangladesh PLC, one of the country's leading multinational companies, to provide insurance coverage for the company's employees and their family members. Under the agreement, Reckitt employees and…...
Govt to introduce crop insurance for farmers: Amit
3+ week, 5+ day ago (417+ words) State Minister for Power, Energy and Mineral Resources Aninda Islam Amit today (8 May) said the government will introduce crop insurance for farmers to help compensate losses caused by natural disasters. He made the announcement while inaugurating the government's Boro paddy…...
UNDP, DU launch certification on inclusive insurance
3+ week, 6+ day ago (342+ words) Thursday May 07, 2026 The United Nations Development Programme Bangladesh, in partnership with the Center for Policy Research on Business and Development of the University of Dhaka, launched the International Certification in Inclusive Insurance at the university on 5 May. The initiative is…...
United Insurance profit halves on airport fire claim payouts
3+ week, 6+ day ago (477+ words) Thursday May 07, 2026 United Insurance Company Limited reported a sharp decline in profit in the first quarter (January'March) of the current year, with earnings falling by around 46% due to higher claim settlements. The information was disclosed yesterday (6 May) through the unaudited…...
Insurance coverage slumps 40% despite Tk925cr project
1+ mon, 3+ day ago (72+ words) The Business Standard Labour Day: The urgency of valuing workers in financial inclusion Nuclear Power: From bomb to energy Pahari Haat: Taking on inorganic farming with hill-sourced produce Can Bangladesh regulate digital voyeurism without undermining rights? More Videos from TBS…...
Pioneer Insurance profit rises 25% despite 19% drop in premium income
1+ mon, 1+ week ago (422+ words) Sunday April 26, 2026 Pioneer Insurance PLC posted a 25% year-on-year growth in net profit in the first quarter of 2026, driven largely by a sharp cut in management expenses, even as its premium income declined significantly. According to the company's financial statements for…...
Two non-life insurers declare cash dividends for FY25
1+ mon, 1+ week ago (344+ words) Monday April 20, 2026 Two listed non-life insurance companies " Bangladesh National Insurance Company and Central Insurance Company have declared cash dividends for the year ended 31 December 2025, as both firms posted earnings growth alongside contrasting cash flow performances. Bangladesh National Insurance Company has…...