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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 …
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“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 …
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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 …
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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 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 …
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 …
As an insurance academician, I have long been pondering over the improvement of fire safety standards in the business premises in Bangladesh. I finally found out something special …
Read more Can insurers help improve the fire safety standards in business premises?
Mrs. Rashida Banu, has joined Reliance Insurance Ltd. as Deputy Managing Director on15th of July 2021. Prior to this, Mrs Banu worked in Bangladesh General Insurance company Ltd …
Read more Reliance Insurance gets new Deputy Managing Director
Loss of Profit (LOP) insurance comes under the category of pecuniary insurance as commonly known as Business Interruption Insurance. This insurance needs to be purchased separately/independently along with fire or …
Read more Why should businesses buy Loss of Profit (LOP) Insurance?
One of the most important principles of insurance is “uberrima fides” which means Utmost Good Faith. All insurance contracts are based on this principle. Insurance companies are in the business of …
Read more Fraudulent claims : Approaches from insurance companies
Many of us in the insurance industry do not regard climate change as a significant issue. However a certain amount of research and analysis has been performed by …
Fire Loss – Role and Responsibilities of Surveyors/Loss Assessors” Introduction Fire insurance is a common and one of the oldest forms of insurance. It comes under the category …
” Why is proper underwriting of property risk so important”? Underwriting risks is one of the most important aspects for an insurance company. Prudent underwriting policy is largely …
Read more Why is proper underwriting of property risk so important?
The insurance regulator in Bangladesh has introduced the noble initiatives for unification of the ranks or grades of insurance employees of 80 insurers. Under the leadership of its …
“Duties and responsibilities of professional organizations having link with insurance” There are various professional organizations namely, Credit Rating Agency, Audit Firm and Loss Surveyors etc. who matter when …
Read more Duties and responsibilities of professional organizations having link with insurance