Incurance Companies in Bangladesh

INTRODUCTION

Insurance is a written contract, taken with the insuring company that transfers the risk of loss to the insurer according to the terms of the contract. However, not all risks are insurable. If an insurance company would have difficulty calculating the likelihood that a loss would occur because of some risk, it is reluctant to insure against that risk. Risks of this type are generally called un insurable risks.

TYPES OF INSURANCE

There are two types of Insurance Companies in Bangladesh.

Life Insurance Company.

General Insurance Company.

Insurance Companies List in Bangladesh

LIST OF THE INSURANCE COMPANIES IN PUBLIC SECTOR

1. Sadharan Bima Corporation (General Insurance)

2. Jiban Bima Corporation (Life Insurance)

LIST OF LIFE INSURANCE COMPANIES (Private)

1. Sunlife Insurance Company Ltd.

2. American Life Insurance Company (Foreign Company)

3. Baira Life Insurance Company Ltd.

4. Delta Life Insurance Company Ltd.

5. Farest Islami Life Insurance Co. Ltd.

6. Golden Life Insurance Ltd.

7. Homeland Life Insurance Company Ltd.

8. Meghna Life Insurance Company Ltd.

9. National Life Insurance Company Ltd.

10. Padma Islami Life Insurance Company Ltd.

11. Popular Life Insurance Company Ltd.

12. Pragati Life Insurance Ltd.

13. Prime Islami Life Insurance Company Ltd.

14. Progressive Life Insurance Company Ltd.

15. Rupali Life Insurance Company Ltd.

16. Sandhani Life Insurance Company Ltd.

17. Sunflower Life Insurance Company Ltd.

LIST OF GENERAL INSURANCE COMPANIES (Private)

1. Agrani Insurance Company Ltd.

2. Asia Insurance Ltd.

3. Asia Pacific Gen Insurance Co. Ltd.

4. Bangladesh Co-operatives Ins. Ltd.

5. Bangladesh General Insurance Co. Ltd.

6. National Insurance Co.Ltd.

7. Central Insurance Company Ltd.

8. City Gen. Insurance Company Ltd.

9. Continental Insurance Ltd.

10. Crystal Insurance Company Ltd.

11. Desh Gen. Insurance Company Ltd.

12. Eastern Insurance Company Ltd....