The Effects of Different Education Levels on GDP Per Capita
Introduction According to economic theory, GDP per capita of a country or a state can be increased in many ways. Education here plays a very vital role in …
Who is the chairman of Insurance Development and Regulatory Authority of Bangladesh?
Mohammad Jainul Bari has been appointed as the the chairman of Insurance Development and Regulatory Authority of Bangladesh. Former Secretary to Government Mr. Mohammad Zainul Bari joined the …
Inflation and its connection to the performance of the stock market
Introduction Inflation can be defined as the persistent increase in price level over a certain time. Inflation assesses how much more costly a particular set of products or …
A Saga of an Insurance Personality – S.M. Ibrahim Hossain
In the academic history of Bangladesh Insurance, S. M. Ibrahim Hossain is no doubt a saga of himself. Since the beginning of his academic life, he secured …
Ways and means for improvement and changes in the insurance sector of Bangladesh
Insurance plays an important role in a country’s economy. It forms an integral part of the financial sector. In countries around the world especially in the West insurance makes …
Sigma report on world insurance market
Swiss Re publishes Sigma Report on world insurance market. Most trusted and widely used reports are Sigma reports. The report, “SIGMA: The World Insurance Market in Figures,” published …
Ways and means for enhancing insurance penetration in Bangladesh
Introduction It is believed that the Bangladesh insurance industry is overcrowded in terms of the number of insurance companies for the size of its economy. Too many players are …
Bangabandhu Insurance Institute (BII)
Bangladesh Insurance Academy will be transformed into the “Bangabandhu Insurance Institute“, which will operate on an international basis. To formulate a self-contained proposal in this regard, the government …
Functions and responsibilities of Surveyors and Loss Assessors
Introduction to Role of Surveyors: The smooth functioning of insurance as a risk management tool or risks transfer mechanism, the functional responsibilities of Surveyors and Loss Assessors are …
How to become an ACII (Associate of the Chartered Insurance Institute)
How to become an ACII (Associate of the Chartered Insurance Institute) ACII stands for Associateship of Chartered Insurance Institute. ACII and FCII are insurance qualifications offered by the …
Importance of Insurance Professional Qualifications
“Importance of Insurance Professional Qualification” Introduction We live in a world today where specialization in one’s field of work counts more than ever. It has become rather …
Importance of risk survey and loss assessment/adjustment in insurance
Importance of risk survey and loss assessment/adjustment in insurance Introduction Risk survey or loss assessment is a specialized class of job or task. A risk surveyor or a …
Agriculture Insurance in Bangladesh
Bangladesh is mainly an agricultural country. It is an agro based economy .Agriculture sector is a major contributor to GDP which is approximately 10-15%. Many people living in …
How to calculate Probable Maximum Loss (PML)
” How to calculate Estimated Maximum Loss (EML) and Probable Maximum Loss (PML)” Association of British Insurers (ABI) has made the following recommendations with regard to calculation of Estimated …
Definition of a Single Risk
For underwriting purpose, we sometimes have to determine the scope of a single risk. In this article we will delve deep into the nature and definition of single …