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Non life insurers barred from using agents as IDRA scraps commission "Non-life insurers barred from using agents as IDRA scraps commission."

“Non-life insurers barred from using agents as IDRA scraps commission.”

GLive24.com DeskDecember 26, 2025
The Insurance Development and Regulatory Authority (IDRA) has announced a sweeping reform in Bangladesh’s non-life insurance sector, imposing a complete ban on agent commissions and introducing stricter regulations on employee remuneration and benefits. The new directives are set to take effect from January next year. According to an official notification issued by IDRA, non-life insurance […]
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Credit card usage is rising both domestically and abroad Bangladesh Bank Credit card usage is rising, both domestically and abroad: Bangladesh Bank

Credit card usage is rising, both domestically and abroad: Bangladesh Bank

GLive24.com DeskDecember 26, 2025
Credit card usage in Bangladesh experienced a notable surge in October, with both domestic transactions and overseas spending by Bangladeshi cardholders rising sharply compared to the previous month, according to the latest report from Bangladesh Bank. The central bank’s data indicates that transactions within the country, expenditures abroad by Bangladeshi travellers, and spending by foreign […]
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A sharp rise in ICICI Prudential Lifes derivatives open interest A sharp rise in ICICI Prudential Life’s derivatives open interest

A sharp rise in ICICI Prudential Life’s derivatives open interest

GLive24.com DeskDecember 26, 2025
ICICI Prudential Life Insurance Company has witnessed a pronounced surge in open interest within its derivatives segment, signalling evolving investor sentiment and strategic repositioning in the market. This development comes against a backdrop of mixed price action and fluctuating trading volumes, providing insights into potential directional strategies adopted by market participants. Open Interest and Volume […]
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BRAC Bank ‘Chalo Videsh Best Honorary Award Distribution BRAC Bank ‘Chalo Videsh’ Best Honorary Award Distribution

BRAC Bank ‘Chalo Videsh’ Best Honorary Award Distribution

GLive24.com DeskDecember 25, 2025
BRAC Bank has formally recognised the top performers of its flagship bancassurance campaign, “Cholo Bidesh”, implemented in strategic collaboration with Pragati Life Insurance PLC. The initiative represents a significant milestone in the bank’s ongoing efforts to broaden access to insurance solutions while fostering customer-centric financial services. The campaign showcased the successful synergy between BRAC Bank […]
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Nationwide Saturday Bank Opening to Facilitate Election Filings Nationwide Saturday Bank Opening to Facilitate Election Filings

Nationwide Saturday Bank Opening to Facilitate Election Filings

GLive24.com DeskDecember 25, 2025
In a decisive move to ensure the smooth progression of the democratic process, Bangladesh Bank has announced that all scheduled banks across the nation will remain operational this coming Saturday, 27th December. The central bank’s directive, circulated on Wednesday, was issued following a formal petition from the Election Commission. This intervention is designed to assist […]
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IMAC Unveils 2026 Executive Committee and Talent Initiative

IMAC Unveils 2026 Executive Committee and Talent Initiative

GLive24.com DeskDecember 24, 2025
The Insurance Managers Association of Cayman (IMAC), the leading professional body representing insurance managers, captive insurance companies, and related service providers in the Cayman Islands, has announced its 2026 Executive Committee at the Annual General Meeting (AGM) held on 11 December 2025. IMAC continues to play a pivotal role in maintaining effective engagement with local […]
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