There is a dearth of innovative products in the insurance sector: Shibli Rubaiyat

Special Correspondent,, Dhaka: Bangladesh Securities and Exchange Commission (BSEC) Chairman Shibli Rubaiyat-ul-Islam said there is a dearth of innovative products in the insurance sector. Everyone is working on the same product. We have to bring innovative products in this sector. He said the extra commission and management costs are crippling the company.

It is seen that the lack of resources of the institutions, cannot pay properly; There are various difficulties. So IDR has to keep an eye on that. We hope that recovery will return to the companies through IDRA.

He was speaking as a special guest at a discussion on the 37th anniversary of the establishment of National Life Insurance and the National and International Recognition Festival of Success at the Bangabandhu International Conference Center on Sunday (July 3rd).

Speaking as the chief guest, MA Mannan said, “We are moving forward under the leadership of the Prime Minister in the changed circumstances. In this case, the insurance sector should not be left behind. Like all other sectors, the government is trying to make positive changes in the insurance sector. A life insurance worker must be skilled. Bring new ideas in the field of insurance. We will be by your side in implementing your ideas. The Prime Minister is working to make the village a city.

The insurance sector can play an important role in this. Everything has changed in the country. The government is trying to make positive changes in the insurance sector as well. But we cannot do anything alone. In this case, everyone must come forward.

Industries Minister Nurul Majid Mahmud Humayun MP, IDRA Chairman Mohammad Zainul Bari, BSEC Chairman Shibli Rubaiyat-ul Islam, FBCCI President Md. Jasim Uddin, Secretary of the Department of Financial Institutions Sheikh Mohammad Salim Ullah.

Source: শেয়ারবার্তা২৪ by

*The article has been translated based on the content of শেয়ারবার্তা২৪ by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!