[Business] 30th December 2011.
BIA holds seminar on Engineering Insurance
Bangladesh Insurance Association (BIA) has organized a seminar on Engineering Insurance at its office on 27th December 2011.
Sheikh Kabir Hossain, Chairman of BIA, presided over the seminar, said a press release.
M. Shafaq Ahmed, Chairman of Insurance Development and Regulatory Authority (IDRA), inaugurated the seminar as Chief guest.
Dubai-based non-resident Bangladeshi, insurance specialist, A.K.M. Ehsanul Haque, FCII presented the keynote paper at the function.
While addressing the seminar, M. Shafaq Ahmed said IDRA has taken several steps to bring the sector in order and they are moving in the right direction. He said there have been many changes that occurred in insurance industry across the world but the industry in Bangladesh can not keep pace with those developments.
He said the life insurance companies should introduce more new products for the intending policy holders.
He also stressed on setting up actuarial department for the development of this sector.