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The Bangladeshi insurance market hit a double-digit growth in 2018

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Magazine Issue: 
Poverty and natural disasters [3]
Magazine date: 
Apr 2019

statisticsThe Bangladeshi insurance market has recorded a turnover of 124.38 billion BDT (1.47 billion USD) in 2018, increasing by 11.25% compared to 2017. Once again, Bangladesh records a double-digit growth after a stagnation period from 2011 to 2017.

The Insurance Development and Regulatory Authority (IDRA) claims that such a premium growth resulted from the tariff increases of contracts. The life and non-life activities have respectively recorded an increase of 9.16% and 11.7% in 2018.

Lire aussi | AXA MBask insurance closes its activities in Azerbaijan [4]

Mon, 15/04/2019 - 09:31

Source URL: https://www.atlas-mag.net/en/article/insurance-market-hit-a-double-digit-growth-in-2018

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