News Regulations20 Jan 2021

Bangladesh:Regulator urges insurers to comply with capital rules

20 Jan 2021

The Insurance Development and Regulatory Authority (IDRA) has directed all insurers to comply with rules that require their sponsors to raise the stakes they hold to 60% in their respective companies and the companies' minimum paid-up capital to BDT300m-400m ($3.5m-4.7m) within one month.

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