• Thursday, Oct 22, 2020
  • Last Update : 09:47 am

IDRA gets Chairman

  • Published at 07:45 pm September 27th, 2020
IDRA
Logo of Insurance Development and Regulatory Authority Bangladesh Collected

Earlier, he was an acting chairman of the insurance regulatory body

The government has appointed Dr M Mosharrof Hossain as chairman of the Insurance Development and Regulatory Authority (IDRA).

Earlier, he was an acting chairman of the insurance regulatory body.

A circular in this regard was issued on Sunday.

Presently, there are a total of 79 firms, including two government corporations, in the insurance sector regulated by the IDRA.

Bangladesh has now 77 privately-owned life and non-life insurance companies with a combined annual turnover of around Tk135 billion.

The government formed the IDRA in 2011 replacing the then department of insurance with a view to bringing discipline in the insurance sector and making it a vibrant industry.

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