The newly appointed chairman of the Insurance Development and Regulatory Authority (Idra) has identified the settlement of Tk7,000 crore in outstanding insurance claims as a top priority for the sector's reform. To facilitate this, the authority plans to liquidate government treasury bonds, fixed deposits in financially sound banks, and other marketable investments in phases.
Economy
Clearing Tk7,000cr insurance claims tops reform agenda: New Idra chairman
The new Idra chairman has prioritized the settlement of Tk7,000 crore in insurance claims as part of the sector's reform agenda.
Source: The Business Standard